Pricing For Profit: 5 Key Numbers

Oct 23, 2023 | Business, business advice, Business planning, Financial Planning, Profit, Uncategorized

Pricing For Profit 5 Key Numbers


Wondering how to price your products or services so you can make a profit?

It’s not as simple as it seems because it involves several things to consider. That’s why figuring out the right price is one of the biggest challenges business owners face. 

There are two main financial outcomes of pricing and it’s so important to understand them. And to know how to calculate them.

Once you know what those two outcomes are, the next step is to consider five key factors that will help you set a price for your product or service that meets your business objectives. And finally, I’ll show you a FREE online pricing calculator that makes it easy to do all this math for yourself.

Watch this video now and learn how to price your products or services for success!

How to price your products or services so you can make a profit

You need to make sure you’re covering your costs and making a profit. In this video, I’ll explain the two main financial outcomes you need to meet:

  • Time availability, and
  • Quantity of time.

These two are essential to take into consideration because nobody can devote all of their time to their business 24/7, 365 days a week. It’s simply impossible to do. As a result, how much time you’ll spend into your business and how much you’ll be available is crucial to calculate when defining your pricing.


Pricing can be tricky – but it’s essential for making a profit in your business. Watch this video so you can get it right every time!

And don’t forget to check out our FREE online pricing calculator as I’m sure it’ll be of great use when you decide how to price your products or services.

If you want your numbers to be more accessible and easier, then grab a copy of my book I Hate Numbers.

According to one reviewer:

“This is the best, most straightforward, pragmatic and enjoyable book I’ve ever read on finance for business. It’s a must-read for all entrepreneurs. Your clarity, humour, wisdom and great advice shine through as you make numbers accessible and easy for everyone.”

Sign up for your  FREE trial to Numbers Knowhow, the revolutionary cashflow software designed to empower you with the numbers you need to transform your business. With Numbers Knowhow, you’ll have access to powerful tools and features that will unlock a world of financial understanding and growth.

Plan it. Do it. Profit