How To Increase Your Profit πŸ’°

Becoming a profitable and successful fitness business
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Requires a few key elements πŸ’ͺ
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And one of these is getting your pricing right βœ…
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Over the last few weeks, we’ve chatted about a few strategies on pricing
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From how to increase your price: https://www.facebook.com/share/HeRhqxTDQAihyrA1/?mibextid=WC7FNe
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To 10 simple ways to make more sales: https://www.facebook.com/share/v/TBqX9p96bJNtDULJ/?mibextid=WC7FNe
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On today’s incubator coaching call we talked about all things pricing
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& more specifically looking at a smart way to come up with your price πŸ’ͺ
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So here it is…
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Your price should be
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What you need + VAT & Tax
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& not your price minus VAT & Tax
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Let me explain a little better πŸ˜†
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If you charge Β£97 a month, then what you actually get is Β£97 minus VAT & Tax
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Let’s call it Β£97 – 20% – 8% = Β£71
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😬 YEP!!! For what you think is £97
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Actually only gives you £71 😒
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This is where a lot of us get into major trouble when we hit VAT
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So when you’re adjusting your pricing next time… think about your price + VAT & Tax
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Ready to become a profitable Fitness Business? Then let’s chat about getting you inside The FitPro Incubator β€”>> https://fitproincubator.com/
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You got this πŸ’ͺ
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David πŸ™‚