Pay rise

Does anyone put their prices up each year or how often? How much would you bump them up? I have been thinking of putting some prices up as they haven't changed in 5 years..

I don't do everyone every year, just select ones that I feel need to be bumped up and stick those up by 50p.

If you work your prices you can put your prices up with every new customer. This has nothing to do with individual customers and their price or buildings; this is about you and your business.

The ‘yearly’ price increase is usually about the rise in inflation and cost, technically this isn’t a price increase and is more about sustaining current prices.

Richard

sustaining current profits ;-)