Thinking about increasing your prices? This guide walks you through the process of raising your prices and offers tips to communicate your new pricing to clients.
If you’ve been thinking about raising your prices, you are most certainly not alone. The current economic climate globally has many businesses – including accounting firms – grappling with the rising cost of products and services, and considering increasing their rates.
The thought of increasing your rates may induce a bit of anxiety, particularly because many firms don’t want to risk losing clients. Figuring out how to raise your prices is already a challenging task. But also having to communicate that to your clients? That’s even tougher.
So, to help you navigate through the process of increasing your prices, we’ve put together a practical guide.
