Bissett Bullet: The Price is Right

Today’s Bissett Bullet: “In the accounting world, pricing is always an issue and it needn’t be.”

By Martin Bissett

When you price a new job, there are three prices to consider and we will cover these in more detail later but for now, the first is the ideal price – at which you would feel fairly remunerated for the results you bring to the client. The second is the walkaway price, at which you wouldn’t consider working with the client for any less than; and then the cost price, which is what it costs for you to complete the work.

Any job you take on must fall between your ideal price and your walkaway price. Do you know what they are?

Today’s To-Do:

Sense check your most recent proposal. What will it cost you to complete the work? What would you ideally be paid for that work and at what price should you have been prepared to walk away? How did the figure you agreed on with that client compare?

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Introducing Never Mind the Bullets

Introducing “Never Mind The Bullets,” an easy digital digest of the book of the same name written by Martin Bissett, bringing you 366 days of motivation and insight for growing your firm the proven way.

What’s Included in “Never Mind the Bullets” Digital?

With a “To Do” for each day of the year, the topics covered by Martin’s daily teachings are: