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DESCRIPTION
This book provides entrepreneurs with a practical guide on how to set and manage the pricing of both the products and services that they offer. It outlines the process of deriving a pricing strategy first, and then monitoring the profit implications of any pricing decisions made.
In a logical, sequential format, the author sets out basic financial tools such as the Profit and Loss Account, and explains how best to understand and negotiate within the business-to-business and business-to-consumer markets.
In a climate of market instability, the book is a timely examination of pricing as an essential practical discipline in the business world.