- This event has passed.
Built to Last – S2: Pricing for Profit
September 20, 2023 @ 5:30 pm - 8:00 pm CDT
Free
Join the Urban League of Louisiana’s Center for Entrepreneurship & Innovation this September for “Built to Last: Uncovering the Financial Potential of Your Small Business”. Sessions take place September 18th, 20th, 25th, and 27th, 5:30pm-8:00pm, at the Best Western Plus Westbank, 1700 Lapalco Blvd, Harvey, LA, 70058. This special series is sponsored by the SBA Community Navigator Pilot Program in collaboration with the National Urban League.
Now, more than ever, small businesses have an opportunity to re-imagine, re-position, and re-charge their business models and operations towards becoming more scalable, agile, and resilient.
One of the major challenges that most small businesses face is knowing how to properly price its products and services to ensure increased sales and profitability. While there are several factors to consider, such as understanding your customers, costs, and competition, it is imperative that entrepreneurs “do the work” to determine their optimal pricing strategy.
WHAT YOU WILL LEARN:
– Types of pricing strategies for service-based and product-based businesses and when to use them
– How to actually know when it’s time to increase your prices
– The profit-building way to offer incentives without discounting
– During this session, small businesses will learn key strategies and tactics to guide them in positioning and pricing their products and services for profit.
Facilitator: Desiree Young, Founder, VentureWalk
Space is limited. Register today to reserve your seat!
https://builttolast-s2_sept2023.eventbrite.com