Recovering the investment in a new business
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Recovering the investment in a new business

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This topic contains 1 reply, has 2 voices, and was last updated by Avatar of Aaron Aaron 4 years, 9 months ago.

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  • #5790
    Avatar of Arturo
    dr_cerebro
    Member

    Hi to all, this is my first post.For a hypothetical restaurant, to be inaugurated, and considering all the investment, infrastructure, salaries, etc.  How do you calculate the final price to the consumer of your products?

    #5793
    Avatar of Aaron
    Aaron
    Member

    Pricing strategy can be quite perplexing if you have no prior experience with it, even more so if you haven’t sought the input of experts.   Generally speaking, this is something you would discuss with your accountant or financial planner because factors such as the market price of your products, your break-even point for sales, intended target market‘s budget and several other factors need to be thoroughly examined before moving forward.  A crash course in intermediate finance could do the trick (alongside a bit of market research), but not everyone has the time to commit to this.   This may be a matter best discussed with your accountant or financial planner.

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