Raise Prices with Complete Clarity
Many business owners are scared to raise prices because they fear losing business. Learn how much business you could lose before higher prices would reduce your profit.
Your sales can decline by:
Revenue needed to maintain current profit:
With these numbers your current Gross Profit is $, which is % of your total revenue. We call this your Gross Profit Percentage.
By raising your prices by % your sales could decline by % to $ without reducing profit.
It does this, because it raises your Gross Profit Percentage to %.
If you want to see how much revenue you would need to maintain current profits at various discount percentages:
This table shows how much revenue you would need to maintain current profits at various price increase percentages: