Setting retail prices to achieve targeted profit
- Video Training URL: Visit Website
- Video Date: 2024-07-12
This webinar will explore the Retail Charge Out Rate Calculator, and how you can utilise this worksheet to assist your retail clients to achieve the appropriate pricing for their products to achieve desired profit.
Retailers face ongoing challenges from competition, as well as calculating the price mix correctly. Miscalculations will have a significant effect on fiscal issues for SMEs. Such as overinvestment in inventory, low profitability, or even losses if incorrect mark-ups are applied.
Virtually every accounting firm in Australia has retail/wholesale clients. By being proactive in this area, you will enhance your reputation in a significant segment of the SME marketplace.