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  • Hub You - Three Reasons To Raise Your Rates Right Now

    What's The Role Of The Sales Manager?
    There are four major issues that impact sales performance. They are:1. The type, frequency and content of sales training. 2. The coaching and training ability of the sales manager. 3. The management style, attitudes and competence of the sales manager. 4. Communication style of the sales manager.All of these are necessary
    ake sure you do the same.

    2. Your clients are telling you what a great deal you are

    When a client says, “Wow, you should charge more!” or “I can’t believe what a good deal you are!” or “Gosh, it feels like I sho

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    Many of us struggle with raising our prices and charging enough money. How do you know it’s time to raise your fees? Here are three great indicators.

    1. You haven’t raised your rates in two years

    If you haven’t raised your rates in two years, raise them right now, by at least 6%. (I vote you raise your fees by ten percent!) You have to raise your rates regularly simply to stay up with inflation. And inflation runs about 3% a year, give or take. If you don’t raise your rates regularly, you run the risk of seriously falling behind financially, and then being in the awkward position of having to make a large rate-increase. (And yes, this can be done!) You can raise your rates moderately once a year, or raise them more significantly every two years. But don’t wait beyond two years. Many of our salaried friends get a cost-of-living adjustment once a year, if not a raise. Make sure you do the same.

    2. Your clients are telling you what a great deal you are

    When a client says, “Wow, you should charge more!” or “I can’t believe what a good deal you are!” or “Gosh, it feels like I sho

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    raised your rates in two years, raise them right now, by at least 6%. (I vote you raise your fees by ten percent!) You have to raise your rates regularly simply to stay up with inflation. And inflation runs about 3% a year, give or take. If you don’t raise your rates regularly, you run the risk of seriously falling behind financially, and then being in the awkward position of having to make a large rate-increase. (And yes, this can be done!) You can raise your rates moderately once a year, or raise them more significantly every two years. But don’t wait beyond two years. Many of our salaried friends get a cost-of-living adjustment once a year, if not a raise. Make sure you do the same.

    2. Your clients are telling you what a great deal you are

    When a client says, “Wow, you should charge more!” or “I can’t believe what a good deal you are!” or “Gosh, it feels like I sho

    Want a Six-Figure Income Without Getting a College Degree of Any Kind? Here Is How
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    give or take. If you don’t raise your rates regularly, you run the risk of seriously falling behind financially, and then being in the awkward position of having to make a large rate-increase. (And yes, this can be done!) You can raise your rates moderately once a year, or raise them more significantly every two years. But don’t wait beyond two years. Many of our salaried friends get a cost-of-living adjustment once a year, if not a raise. Make sure you do the same.

    2. Your clients are telling you what a great deal you are

    When a client says, “Wow, you should charge more!” or “I can’t believe what a good deal you are!” or “Gosh, it feels like I sho

    How To Start A Business When You Don't Have Money
    In the Fall of 1987, I found myself dead broke, in-debt and unemployed. At that point in my life I had been through a series of menial jobs and had never been to college. Not knowing what else to do, I began going door-to-door, a borrowed ladder strapped to the roof of my car, offering to clean the leaves from people’s gutters. Little did I know, I ha
    You can raise your rates moderately once a year, or raise them more significantly every two years. But don’t wait beyond two years. Many of our salaried friends get a cost-of-living adjustment once a year, if not a raise. Make sure you do the same.

    2. Your clients are telling you what a great deal you are

    When a client says, “Wow, you should charge more!” or “I can’t believe what a good deal you are!” or “Gosh, it feels like I sho

    To Swag or Not to Swag: Tip to Brand Your Tchotchkes on a Shoestring
    It's interesting to see how resourceful people become when starting their own business. Especially when budget is tight, creative juices go into high gear. I recall my days in corporate marketing when every event, whether it be a sales conference, partner summit or tradeshow had to have tchotchkes. (“Tchotchke” is Yiddish for those corporate giveaw
    ake sure you do the same.

    2. Your clients are telling you what a great deal you are

    When a client says, “Wow, you should charge more!” or “I can’t believe what a good deal you are!” or “Gosh, it feels like I should pay you more”, the universe is sending you a flashing neon sign that it is time to raise your rates. When your own clients mention that they would be willing to pay you more money, you are definitely under-priced. Remember, not everyone should be able to afford you. Your business is not a charity. You are in it to make money, as well as help people. And when the people you help tell you what a great deal you are, take it as a sign that they would be willing to pay more for your fabulous service. If you’ve had more than one client mention this in the last year, raise your rates by ten percent right now.

    3. You have very little price-resistance

    As Harry Beckwith, author of Selling the Invisible says: If everyone can afford you, you aren’t charging enough money. If no one can afford you, you are charging too much. So how much should you charge? Beckwith suggests that

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