Pricing and Costing

Programme Aim

This course will teach you how to calculate product or service cost.  It is an ideal course for those who are establishing a business and are not sure how to cost their product or service.  This practical course will outline costing procedures and explain to participants the different methods of calculating pricing.  At the end of the course, participants will have a new and revised pricing structure for their business.

Programme Content

• Calculation of costs
• Apportioning overheads to individual jobs / products
• Time management and costing – including job timesheets
• Costing techniques
• Pricing for profit
• Pricing and the market
• Introduction to break even analysis