Wellness Startup Series: Day 84
Evaluate Your Pricing and Profit Margins
As your business grows, your rates should reflect your value and costs. Revisit pricing to make sure you’re not undercharging.
Next Steps:
Calculate the cost of each service (time, supplies, space).
Compare with local competitors and your revenue goals.
Update pricing if needed and communicate clearly.
Resources:
Wellness Pricing Calculator - [Try here]
SCORE Pricing Strategy Guide - [Read here]
Profit Margin Worksheet - [Download here]