Raising Small Business Rates Without Losing Clients

If you are a service-based business owner, deciding what to charge for your time can be like looking for that elusive needle in the haystack.

Undercharging for a short period of time isn’t always a bad thing because it gives you a chance to make some needed income immediately, and it gives you the experience you need to support a higher hourly rate. But once you have been doing what you do for a little while, and begin to learn the ins and outs of small business ownership, there is no reason why you can’t raise your rates and charge more. Here are some tips to help you raise your rates without losing existing clients or turning away prospective ones.

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