BizSugar.com › Finance › Service Pricing: How to Get It Right

Effective pricing strategies are key to long-term success in your small business. If you succeed at building a solid pricing model, you’ll have the opportunity to work on fewer projects at a time while bringing in the same level of income. Or in the case of a service business such as a yoga studio or spa, you’ll be able to increase profit margins and grow more quickly. There are a few factors to consider when pricing business services–let’s have a look at them here: