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How to Raise Prices

Published in Money Matters Be the first to comment on this article ►

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Raising prices is a tough decision to make for any business. The fear of having higher prices than the competition is a real one. Fear of alienating good customers or clients is another. Nevertheless, there comes a time when reality bites, and prices have to go up to cover higher costs. It’s that simple. If expenses are hurting margins, prices have to cover you.

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