Continue Growth! Here’s How to Raise Prices for Your Service-Based Firm In 2022!
Every year we are asked by our clients, “how can I raise prices in the new year to support growth and curb inflation?” When you are a service based firm, it is easy to get stuck in a rut of keeping the same prices year-over-year. However, year-over-year you are not the same firm. You are growing and you need to sustain that momentum while complementing your added intrinsic value. To keep a steady balance, evaluate competitive costs within the market, the demands of employees, and internal services with billings. Now let’s get started with raising those prices. Remember Warren Buffet’s
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