Nishi Patel, Author at Business Bulletin Magazine

Why value pricing isn’t the magical solution people rave about

February 18, 2024 Nishi Patel 1091 Views cost, pricing, value

Why value-based pricing isn’t always the magical solution to small business wealth that everyone always talks about. When you run a small business, there are really two types of pricing strategies that you can implement.

Finance

How do I work out my break even point and does it even matter?

September 14, 2023 Nishi Patel 1720 Views break even, break even point, costs, overheads

In its simplest terms, a break even point is reached when your total revenue matches your business costs and your business is not making either a profit or a loss. Anything generated above this point is a profit.