How to Price for Profit and Growth
*Smarter Pricing Guidelines for Small Businesses*
Are you one of the 75% of small business owners that:
does not have a simple and effective pricing model and/or
consistently under-prices your work?
If so, this Live Online Workshop is for YOU!
You will be put on the path to a better understanding of:
The difference between mark-ups and actual profit margins
How to calculate and utilize your Cost of Goods Sold in pricing
Pricing models for service businesses, consultants, online and storefront retailers, and manufacturers
Using fixed or variable costs to price for profit
This Workshop will engage the business owner in how to analyze costs to be able to better format various pricing models:
Cost Plus Pricing
Competition-based Pricing
Good / Better/ Best models
Margin-based Pricing
When to utilize Premium vs. Discount strategies
How to calculate a Break-even sales goal In today's dynamic business landscape, securing the right funding is crucial for growth and sustainability. This specialized course is designed to empower small business owners with the knowledge and skills needed to navigate the complex world of loan applications successfully.
Presenter Antonio Barrios, UGA SBDC Business Consultant and former loan officer, will demystify the loan application process and share insight into what lenders look for and how to present your business in the best light. Discussion includes:
the importance of risk management in the lending process
how to assess your business's risk profile
key financial concepts essential for loan approval.
This workshop will explore traditional loans, SBA loans, and non-traditional funding sources and guide you through the pros and cons of each. Join us and learn how to master the loan application process.
Course Outline
Agenda:
Key financing considerations for loan approvals
Understanding and navigating the loan process
Risk management and assessing your business's profile
Sources of capital
Finding the right financing alternative for your business
Learner Outcomes
Attendees will gain an understanding of:
The loan approval process
What lenders look for
How to assess your business's risk profile
Sources of capital and how to find the right one for you. The DeKalb Chamber Executive Committee meets to discuss the important issues impacting the Chamber and the business community as well as approve upcoming business. The UGA SBDC is hosting an immersive journey into the world of strategic analysis!
This one-hour webinar will walk business owners through everything they need to know to discover their strategic position. Explore frameworks, case studies, and real-world scenarios to master the art of decision-making in business. This program is designed to evaluate your strategic plan and develop operations for increased performance.
Register Now
Starts in 2 months!
LEARN HOW TO:
Identify key concepts of the SWOT diagram.
Discuss local competitive advantages.
Address business mission, values, and goals.
Create a SWOT analysis.
Identify local competitors and market trends.
Develop growth strategies and implement decision-making.
Create action plans and adapt to external opportunities and threats. QuickBooks is the leading accounting software in use today. The software provides an easy-to-use bookkeeping system for small businesses that need to track financial information. Participants in this class will learn how to set up and manage a basic set of accounting books, including how to create a chart of accounts, post daily transactions, create vendor lists, reconcile checking and credit card accounts, track activity, and generate financial reports.
Course Outline
Introduction and Dashboard ? 10 minutes
Financial Statements ? 10 minutes
Banking: Checking, Savings, Credit Cards ? 10 minutes
Accounting Charts of Accounts; Bank reconciliation? 10 minutes
Reporting ? 10 minutes
Q&A ? 10 minutes
Learner Outcomes
Upon successful completion, students will be able to:
Be familiar with general accounting concepts to get the most useful information from their QuickBooks program
Set up a new company in QuickBooks
Set company and personal preferences
Add, change, and delete accounts and vendors
Properly post daily transactions
Track and reconcile credit card and bank activity
Make journal entries
Generate profit & loss, balance sheet, and other reports
Workshop - Pricing for Profit and Growth
Workshop - Access to Capital: Loan Application Mastery
DeKalb Chamber Executive Committee Meeting
Workshop - Strategic Planning: The Value in SWOT Analysis
Workshop - Mastering QuickBooks Online: Tips and Tricks
