Costing, Pricing and Profit – Getting it Right

Managing finances need not be a stressful process for new business owners - just a simple understanding of the key numbers will stand you in good stead.
This workshop will help to familiarise you with the key financial measures in your business, such as turnover, expenses and profit. It will cover how to accurately measure the true cost of delivering your product or service, help you to identify your break even point, and provide you with an evidenced-based rationale from which to base your pricing, in order to make a healthy profit.
Attendees will leave with an understanding of the role that different figures play in their business and how they can be interpreted to provide insights into the past, present and future of your business.
The session will be delivered by Josh Rees, Founder and Director of BCDF, who is a business finance specialist. Josh is an expert in funding for new and growing SMEs, who delivers practical insights to his clients on securing the right solutions at the right time.

Tea and instant coffee will be provided in the meeting room. Bristol Central Library has a cafe with a range of other refreshments for purchase.

BIPC Bristol events are free, but places are limited and events can be oversubscribed. If you no longer wish to attend the session, when possible please give two working days’ notice by email or cancel on Eventbrite.

Any Bristol-based business or person with a business idea is welcome, but we always recommend joining the library as it is free and makes our business databases, books, and e-books easy for you to access.

Please see the Bristol Central Library website for information about visiting the library.

Follow us on Eventbrite and also on LinkedIn and Instagram. For more information on BIPC Bristol see our web page: https://www.bristol.gov.uk/BIPC

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