Pricing Products and Services Workshop Scheduled for December

University of Maine Cooperative Extension has announced a pricing workshop for small and home-based business owners to be held Thursday morning, December 20 at the University of Maine Cooperative Extension office located at 28 Center Street in Machias beginning at 9:00 a.m. and ending at Noon. This workshop is free of charge, but registration is required.  The workshop is limited to 12 participants.

For more information or registration, contact Louis Bassano at 255-3345, 1-(800) 287-1542, or by email at  UMaine Extension programs are open and accessible to all in accordance with program goals.

In these uncertain times, it is important to understand how to price your business service or product to improve your bottom line. Jim McConnon, UMaine Extension Business & Economics Specialist, and Louis Bassano, Extension Educator will be the presenters of the session designed for those who are considering starting a business as well as those already in business.

Which products or services are making a profit? What happens if you set the price too high or too low? What wage and profit would you like to earn? How many hours a day do you estimate you work? Complete and accurate records and realistic pricing let you answer these and other key questions about the performance of your business.

Improve your odds of success by learning all you can. Make decisions based on research. Take time to be informed.

Any person who needs accommodations to attend this program should contact Louis Bassano at 1-800-287-1542 to discuss their needs or call Extension’s TDD number at 1-800-287-8957. To provide adequate time to respond to your request please provide as much notice as possible.