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How to set a price
Setting a price is like walking a tightrope. It’s a balancing act between pricing too low – and not making a profit – and pricing too high and forcing your potential customers to look elsewhere. Thankfully, you can take the guesswork out of pricing and remove the risk by simply calculating the fixed and variable costs.
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Use this template to quickly work out a ballpark estimate of the revenue potential of your business or idea. Useful when applying for small business loans and business funding.
Calculate how much money you’ll need to have before you start up your new business.
If you’ve come to the point where the promising business idea floating around your head simply needs to take on a physical existence, relax and follow the steps outlined in our business start-up guide.
Business plans are useful when applying for small business loans or applying for government grants. Set out where you intend your small business will go in the next 1-2 years by completing our business plan template.
Disclaimer
For informational purposes only. There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. Full legal disclaimer