Becoming a profitable and successful fitness business
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Requires a few key elements πͺ
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And one of these is getting your pricing right β
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Over the last few weeks, weβve 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 πͺ
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So here it isβ¦
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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 π
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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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Letβs call it Β£97 – 20% – 8% = Β£71
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π¬ YEP!!! For what you think is Β£97
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Actually only gives you Β£71 π’
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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 youβre adjusting your pricing next timeβ¦ think about your price + VAT & Tax
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Ready to become a profitable Fitness Business? Then letβs chat about getting you inside The FitPro Incubator β>> https://fitproincubator.com/
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You got this πͺ
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David π