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Built to Last – S3: Pricing for Profit

March 20 @ 5:30 pm - 7:30 pm CDT

Built to Last – Session 3: Pricing for Profit

Join the Urban League of Louisiana’s Center for Entrepreneurship & Innovation this March for “Built to Last: Uncovering the Financial Potential of Your Small Business”. Sessions will take place on March 6, 13, 20, and 27th, 5:30pm-7:30pm, Online via GoToTraining.

This special series is hosted in collaboration with St. John the Baptist Parish’s Office of Economic Development and sponsored by Louisiana Economic Development and Mastercard.

Now, more than ever, small businesses have an opportunity to re-imagine, re-position, and re-charge their business models and operations towards becoming more scalable, agile, and resilient.

One of the major challenges that most small businesses face is knowing how to properly price its products and services to ensure increased sales and profitability. While there are several factors to consider, such as understanding your customers, costs, and competition, it is imperative that entrepreneurs “do the work” to determine their optimal pricing strategy.

WHAT YOU WILL LEARN:

  • Types of pricing strategies for service-based and product-based businesses and when to use them
  • How to actually know when it’s time to increase your prices
  • The profit-building way to offer incentives without discounting

During this session, small businesses will learn key strategies and tactics to guide them in positioning and pricing their products and services for profit.

Facilitator: Desiree Young, Founder, VentureWalk Business Partners

This series is sponsored by the Louisiana Economic Development’s Small and Emerging Business Development Program. To participate, attendees must be or become certified through the LED Small and Emerging Business Development Program. Visit https://www.opportunitylouisiana.gov/program/small-and-emerging-business-development-program to get certified today!

Space is limited. Register today to reserve your seat!

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*Louisiana Business Hub and Launch Network reserve the right to publish events on an individual basis. All events must be business related, non-sales with a focus on educating and benefiting the business community.