Product/Service Profitability Analysis
Once you are happy with your prices, you can't then assume everything will stay the same. Prices from suppliers will change and your fixed costs will rise. Hopefully your productivity will increase as you learn. You must ensure you review your prices in line with these changes to continue to profit from your products and services. We can provide a regular monitoring service to ensure the combination of your costs and prices maintain a good profit level. We can highlight any products/services that are not attaining good profits. And we can suggest ways in which you may be able to maximise profits from individual products and services.