Calculating Cost

If you do not know the cost, how can you determine the sales price? While it may be tempting to base your pricing off the competition, that method is fraught with pitfalls. Understanding the difference between fixed and variable expenses is a key component in finding break-even points. In this session we will explore how to calculate cost to better understand pricing, but more importantly, practicing Biblical stewardship in determining what investments and expenses are acceptable in your business.