Costing, Pricing and Getting Paid

This text shows how to: work out the cost of a product or service; find the right price for a product or service; work out the break-even point; deal with the price discounting and loss-making activities; formulate a credit control strategy; control debt; and recover bad debt through the courts.

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Three factors affect business profitability; these are price, volume and cost. Getting all three right is a delicate balance. This workbook looks at various methods of setting prices, calculating costs and estimating sales volumes. It shows how to: work out the cost of a product or service; find the right price for a product or service; work out the break-even point; deal with the price discounting and loss-making activities; formulate a credit control strategy; control debt; and recover bad debt through the courts. A free 30-day CD-ROM containing a full version of the Sage Instant Accounts and Sage Instant Payroll Packages is also included.