A Simple Formula for Determining Your Rate

#212: Stephen Covey said to begin with the end in mind. 

I can’t think of a better place to do that than with pricing. 

It’s always sad to see fitness business owners with broken models to the point that even if they filled up their schedules, they wouldn’t be bringing home what they need. 

For that reason, I decided to break down some simple strategies to help you avoid the pitfalls of poor pricing. 

“Poor pricing produces poor profits.”

-Billy Hofacker

Here’s what you’ll learn:

• What is the “common” rate in your area?

• What are you worth?

• Your desired rate

• Justifying your rate

Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram!

Listen and grow!

Your Financial Coach,

Billy 

P.S. If you or someone you know is looking for a plan to dial in their finances and achieve some financial freedom, book a short call with me here! 

P.P.S. You can book a call at that same link if you are interested in getting your financials dialed in and efficient with bookkeeping. Remember there are no successful fitness business owners who don’t have accurate financial records and reporting! It’s an absolute game-changer and one of the best things you can do.