Learn how to Price your Embroidery or Dressmaking crafts
- 1.5 hours on-demand video
- 8 articles
- 17 downloadable resources
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
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Try Udemy for Business- By the end of this course you will be able to calculate your most profitable Charge Out Rate and never work without making profit.
- You will know how to install the Price For Profit Software and WP Plugin and how to use it to manage your business.
- Software is provided as Downloadable for all students of this course.
Up to Date as at: January 2017.
The #1 problem in the Embroidery, Dressmaking and Crafts industry is Price. "How much should you charge for your work or service"
Stitching for Profit Started back in 1991 when my wife and business partner was still doing dressmaking as a full time career. The Price for Profit, Software was created and tuned over the last 20 years, to remove the emotions when getting to price your product or service.
The Price for Profit course is for all ladies and gents who is working from home, in the Crafts Industry mainly. We have also cover people working from home that have to charge customers a Charge-Out Rate for a product or service
Over the last 24 month it was refined and tested we have released 2 Windows based PC Software programs.
- Stitch for Profit ( Craft Industry)
- Enterprise for Profit ( Charge-Out Rate Industry)
Both these software is included in the course as downloadable Zip files.
Why should you take this Course?
Everybody is in business for profit, 90% of people in the Craft Industry don't know how to price, but more important, WHY they should charge $ X for and Item or service.
In this course you will learn what is involved in a profitable price for your business.
Curriculum
Section 1: Introduction
- Introduction by Jacqui
- The Work Book
Section 2: Principals of Price and Profit
- Profit = Selling Price - Cost price
- I want to make $10K Profit this year!
- How to Eat and Elephant....
Section 3: What do you need to know?
- Work-space and Equipment
- Advertising your Service
- Finance and Administration
- Customer Relations
- The Business Plan
Section 4: Price for Profit PC(Windows) Software
- Windows based Software for Crafters
- Installing your Software
- How to setup your personal RATE.
- Edit and Update the Settings of the Software
- Customers
- Reports and Cost Allocation
- Setup Templates for Email and Invoice
- Create a Dummy Invoice
- Manages Products and Services
Section 5: Stitch for Profit for Dressmakers
- Setting up your Dressmaking Services
- Clothing Construction Price list
- Basic Clothing Price list
- MY PRICE LIST
- My Sewing/Dressmaking and Embroidery Rules
Section 6: Stitch for Profit for Embroidery Business
- Embroidery Job Card Sample
Section 7: Enterprise for Profit for Internet Marketers and Pay per Hour Services
- Windows based Software for Pay per Hour Clients
Section 8: Summarize
- Conclusion
What is the Biggest Factor that stand in you way of making your profit for the Year?
Never charge $1 less than the competition, only the customer wins.
- This course is for everybody that works and charge and get paid by time spend.
- Ideal for Dressmakers
- Embroidery and other Craft Business
- Offline Internet marketers
- Any person wanting to start a new business
How can you Price a Product or Service and Make More Profit
During 1991 when I started sewing for my first customer I knew that I had to become a professional custom clothier. I wish I knew then what I know now. My quality of work was always excellent and my delivery not always on time, due to items I had to create in the nick of time for other customers that rushed in on Wednesday for this Saturdays function, and I allowed them to run my business.
I had a passion for working with different fabrics, and I love to dress well.
Philip taught to me that success is not an end result, but a way of living. Security is an internal factor that I could only find in myself, nobody could offer me ten bags of security for this month, and I could not buy it from any store.
I was determine to make a success, and though my kitchen was not always spick and span, my sewing room was where I wanted to be.
How can you Price a Product or Service and Make More Profit
Included in this lecture are 7 Downloadable PDF file.
- Workbook.pdf
- What Are You Selling (55.68 KB)
- Workspace And Equipment (59.4 KB)
- Advertising And Marketing (42.91 KB)
- Finance And Admin (103.23 KB)
- Customer Relations (70.68 KB)
- Business Plan (115.67 KB)
How can you Price a Product or Service and Make More Profit
"Money is one of the most important subjects of your entire life. Some of life's greatest enjoyments and most of life's greatest disappointments stem from your decisions about money. Whether you experience great peace of mind or constant anxiety will depend on getting your finances under control."
—Robert G. Allen: investment advisor and author
Why do you need to know your Hourly Rate?
or let me ask the question in another way.
How should you price your services, to attract business and make a profit?
How can you Price a Product or Service and Make More Profit
I want to make $10K Profit this year after running my business for 12 months and paid all my business expenses and my salary and have a cash balance in my bank account of more than $10K.
So this is what we will cover in this course.
How can you Price a Product or Service and Make More Profit
How can you Price a Product or Service and Make More Profit
How can you Price a Product or Service and Make More Profit
Here we will work with different price list, that should be added to your Software.
Categories and Products.
All items added is for a standard time period as the software will do the calculation based on the rate you are using x the standard time to get to the Price