2006-09-30 17:18:25 · 4 answers · asked by Roman R 1 in Business & Finance ➔ Small Business
i don't want to put a downer on your idea for a business
but please do lots of research,marketing,surveying if you really are going for it
if it doesn't all add up don't go ahead with it unless you modify your original intention to suit a specific market/clientele
good luck- besides government bodies-
one of the best places to start is department of statistics-if you ask the right questions they know just about everything about your product/service/area/pricing/age of clients/disposable income the list is endless -i would start there
2006-09-30 17:39:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Pricing is and can be a double edge sword. To high and you can not break in to the market. if you do break in and there are great profits you then invite your competing, another bummer. to low and there is a mess up you can be out of business. or if to low you can cheat your self out of profit and stagnated growth.
So how do you find a good price point, some thing to keep in mind, what are your total cost this does include marketing and transportation. what is the retailer mark up.
I am a great planer and that usually goes out the window so just be prepared to take twice as long and twice as much. This is were you earn your money.
Hope this helps beast of luck
2006-10-01 01:20:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Check into what similar businesses charge.
2006-10-01 00:34:03 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
the goverment are really help to new ventures. you can get loan from idbi and industry deplopment board of india.
2006-10-01 00:22:39 · answer #4 · answered by sweettheif_420 1 · 0⤊ 0⤋