February 2012
6 posts
It's a slow day in the small town of Pumphandle
It’s a slow day in the small town of Pumphandle and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit. A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night. As soon as he walks upstairs, the motel owner grabs the...
What should you charge?
Selling a product is so much easier. You have a fixed cost at which you buy (called wholesale), so you figure out how much profit you’d like, and mark it up according. There’s even the MSRP (Manufacturer’s Suggested Retail Price) to make your life easier. But everyone who decides to sell their services will agonize over this question: “How much should I charge?”
There are many ways to answer...
3 tags
