E019: Creating a Walkaway Price: Understanding the Basics of Pricing (Part 2)
Description
Join hosts Nikole Mackenzie and Scotty 'OKR' Scarano on episode 19 of the Cash Flow Show as they dive deep into the intricacies of pricing strategies. This episode focuses on setting a 'walkaway price' to ensure your business remains profitable. Learn how to determine your lowest acceptable rate, understand the impact of costs and business models on pricing, and explore various tactics to maintain high margins. Whether you're a small business owner or a seasoned professional, this episode is packed with valuable insights to help you manage your bottom line effectively.
Chapters:
00:00 Teaser
01:00 Introduction to the Cash Flow Show
01:53 Introduction
02:05 Understanding Walkaway Price
03:17 Pricing Strategies and Business Models
07:07 Calculating Employee Costs and Pricing
13:11 Utilization Rate and Cost Management
18:27 Client Revenue and Capacity Planning
23:18 Conclusion and Listener Reviews
⬇️Episodes Referenced⬇️
Episode 1: COGS - Don't Grow a Crappy Business
📎 https://open.spotify.com/episode/3fBQCkO0yJTYmD7On9AJz4?si=3bfce2eb862c4ee3
🔗 Connect With Us On Linkedin! 🔗
Nikole Mackenzie
📎 https://www.linkedin.com/in/nikolemackenzie/
Momentum Accounting
📎 https://momentumaccounting.com/
Scotty OKR Scarano
📎 https://www.linkedin.com/in/scottscarano/
Padgett NC
Accounting High
📎 https://www.linkedin.com/company/accounting-high/
United States
