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Knowing Your Product or Service Worth: How Do I Know How to Price?

Join Farmington Women's Business Center in this training delivered by Change Labs' instructor Trish Rensink.

Price your product or service too high and you’ll be scaring away prospective customers. Price it too low and you may struggle to make a profit. Before you set a price for your offering, it’s important to think about revenue versus profits. Your revenue is all the money coming into your business – your whole income. We will explore a variety of ways you can use to price your products and services, with confidence people will buy and you will make money.

Change Labs is a Native-led 501c3 on the Navajo Nation creating pathways for Navajo and Hopi entrepreneurs to strengthen their business skills and provide opportunities for business growth. We provide immersive business incubation support, safe and modern coworking space, and a first of its kind microloan program. In addition to these services, we provide our community with workshops & events to build their peer networks and develop their ability to start and grow successful businesses on Native lands.

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March 30

Tax Strategies: Keep Your Profits in Your Pocket