One of the easiest ways to 1) grow your business financially, 2) help you to focus on your ideal clients and 3) free you up to spend more time growing your business is to raise your prices.
But I get a lot of resistance from business owners when I start to talk about raising prices. It’s pushing the limits of our comfort zone.
Is it worth it to go into this scary place? How do you know? Here are 10 signs you need to raise your prices…
If you can’t remember the last time you raised your prices…you need to raise your prices.
If you’re working all the time, but not making the money you need…you need to raise your prices.
If your business is growing and you need to get some help (admin, bookkeepers, project managers, etc. )…you need to raise your prices.
If no one ever tells you that you’re too expensive…you need to raise your prices.
If you’re having trouble attracting talent because everybody expects more than you can afford to pay them…you need to raise your prices.
If you’re looking longingly back at the salary you made when you were working for the man…you need to raise your prices.
If your computer is older than elementary school children…you need to raise your prices.
If your credit card debt is more than you have saved in your IRA…you need to raise your prices.
If you can’t remember the last time you took two weeks off (Two weeks in a row, not over the course of a year!)…you need to raise your prices.
If you’re running out of lies to tell your vendors about when they are getting paid…you need to raise your prices.
I know that there’s a number of you who are feeling like you need to raise your prices! It’s one of the easiest ways to improve your life as a business owner AND put more money in your pocket. So if that sounds like help you can use, you are in luck!
Get a preview of a brand new resource I’m releasing to the public next week. You get to see it right now because I know that you are serious about making more money NOW. It’s all about Raising your Prices without Losing your Clients. It’s a complete and exhaustive guide to why you should raise your prices and how to do it with some pricing strategies. Check it out.
How much are you going to raise prices by? 20%, 50% or 100%?