Garth Jemmett’s Post

When it comes to running a business, there are so many things that come into play if you want to be successful. And one of those is pricing. But how do you know if your pricing is right? Not too long ago, a new client came to me with almost no profit in her business. When I dug into her information, I discovered she was sending out proposals that were equal to the cost of her labor. So, when all was said and done, she’d finish up a project and make zero profit. (YIKES!) At the end of the day, if you want to provide for your life and have a business that is around for years to come, you need to make sure you are pricing what you offer correctly. As you go to price your offerings, remember: → Pricing isn't just about covering costs; it's about valuing your expertise, time, and the unique value you bring to your clients. Need help doing this? Book a call with me today! #future #success #entrepreneurship #business #smallbusiness #businessconsultancy #businesssuccess

When it comes to running a business, there are so many things that come into play if you want to be successful. And one of those is pricing. But how do you know if your pricing is right? Not too long ago, a new client came to me with almost no profit in her business. When I dug into her information, I discovered she was sending out proposals that were equal to the cost of her labor. So, when all was said and done, she’d finish up a project and make zero profit. (YIKES!) At the end of the day, if you want to provide for your life and have a business that is around for years to come, you need to make sure you are pricing what you offer correctly. As you go to price your offerings, remember: → Pricing isn't just about covering costs; it's about valuing your expertise, time, and the unique value you bring to your clients. Need help doing this? Book a call with me today! #future #success #entrepreneurship #business #smallbusiness #businessconsultancy #businesssuccess

Dale Carnegie wrote that in order to make friends, we get to invest our time, energy, selflessness, and thoughtfulness. The same holds true for building business. If we are to build, grow, and scale our businesses then we get to show up in a way where we are continuously and consistently giving of our time, our energy, our selflessness, and our thoughtfulness. When it comes down to it, when we show up in this way our business foundations become stronger and our ability to build is secured. This universal truth gives us the blueprint for taking our businesses from where they’re at to where we want them to be. By implementing this simple approach, we position ourselves to serve our customers and we position ourselves to be exactly what our clients need us to be. So much can be gleaned from this excerpt and the difference between building a successful business and building one on a flimsy foundation is what we choose to do with it. #entrepreneurship #marketing #sales

🚀 Feeling the Urge to Sell Your Business? Read This First! 🚀 Do you ever have those days when, despite your passion for your business, you feel like you want to sell it - like NOW? You're not alone. Selling a business isn't easy, and doing it quickly is an even bigger challenge. The number one mistake business owners make - and I've been there too - is believing that they can sell their businesses quickly. Many underestimate the time it takes to prepare, market, and close a sale. Here are a few tips to keep in mind: Preparation is Key: Ensure your financials are in order and your business is attractive to potential buyers. Market Strategically: Reach out to the right audience and leverage multiple channels. Patience is a Virtue: Understand that finding the right buyer takes time and effort. Remember, rushing the process can lead to undervaluing your business or encountering unforeseen issues. Take the time to do it right, and you'll maximize your chances for a successful sale. https://lnkd.in/d7BzsFJi #BusinessSale #Entrepreneurship #BusinessStrategy #SellingABusiness #BusinessAdvice #PatiencePaysOff #EntrepreneurLife

Your pricing should reflect the value you provide, not just the cost of your time. This has always been one of my core philosophies, not just for the creative agency owners I work with, but in my own business as well. One of the most common mistakes in this industry is the obsession with comparing pricing. People constantly ask, “What are other agencies charging?” But the real question is: Does it matter? When you focus on what others charge, you’re comparing apples to oranges. Your value isn’t the same as anyone else’s. Plus, what you charge today shouldn’t be the same as what you charged 20 years ago—your experience and expertise have evolved. Pricing should always be based on the value you deliver, not the hours spent. When you focus on the outcomes and impact you provide, you’ll attract clients who value what you do. #CreativeAgencySuccess #ValueBasedPricing #BusinessStrategy #KnowYourWorth #AgencyGrowth #Entrepreneurship

I'm so lucky! 🥰     Not only do I get to help service-based business owners grow their businesses, but I'm constantly learning.  The challenges that come with running a business evolve over time, and so do the solutions.      I've got 14 years under my belt now of first hand experience, so it isn’t often I come across a challenge that I haven't seen before, but when I do, I embrace the opportunity to learn.       That’s why George Swift and I started BBB, to give service-based business owners like you a safe place to learn how to fix the challenges that they’re facing in their business.      The most important lesson for me over the years has been to breathe and to know there’s always a solution, ever in the face of extreme adversity. What’s the most important lesson you’ve learnt in business?      #BusinessGrowth #Entrepreneurship #BusinessDevelopment 

Ever Bought a Business? Share Your Experience and Growth BusinessAcquisition #BuyingABusiness #Entrepreneurship If you’re contemplating buying a business, you're probably wondering about others' experiences. Here’s everything you need to know, whether you're completely new to the scene or have some prior knowledge. Motives Behind Buying a Business Purchasing a business can be a monumental step. 🏢 People often ask, "Have you ever bought a business?" for several reasons, such as understanding if it was a good decision... Read more: https://lnkd.in/gYmbdh_i

Her business is almost ready for sale.  What’s left to be done? Her vacation with her family. Because it will help prove a simple truth to a potential buyer.  “The results aren’t dependent on me.” If you want to sell your small business someday, you need to be able to say that. Why is that important? Because no one wants to buy a business where success is dependent on the former owner. Your business must generate good results, even when you’re not there. But how can you prove that it does? How can you show it's not all about you? Nothing shows that your business runs well without you . . . . . . like the business running well without you. It’s time. Leave. Take a break. If it works smoothly, you've added to the evidence that your business is ready for sale. If there are problems, you've discovered areas that need attention. Either way . . . You won’t find out until you . . . get away. That’s right, go . . . . . . and take a step towards making your business easier to sell. #smallbusiness #businessowners #entrepreneurship

Did you know that 75% of business owners regret selling their business within the first year? Selling isn’t just a financial decision—it’s an emotional journey. After years of dedication, letting go can bring a mix of pride, nostalgia, and fear about the unknown. T To navigate this transition successfully, it’s crucial to surround yourself with trusted advisors, review all of the options, honour your achievements, preserve your legacy and be mindful of the emotional impact. With the right support, selling can become a rewarding new chapter, not a source of regret. #EmployeeOwnership #BusinessExit #Entrepreneurship #ExitPlanning

Your pricing should reflect the value you provide, not just the cost of your time. This has always been one of my core philosophies, not just for the creative agency owners I work with, but in my own business as well. One of the most common mistakes in this industry is the obsession with comparing pricing. People constantly ask, “What are other agencies charging?” But the real question is: Does it matter? When you focus on what others charge, you’re comparing apples to oranges. Your value isn’t the same as anyone else’s. Plus, what you charge today shouldn’t be the same as what you charged 20 years ago—your experience and expertise have evolved. Pricing should always be based on the value you deliver, not the hours spent. When you focus on the outcomes and impact you provide, you’ll attract clients who value what you do. #CreativeAgencySuccess #ValueBasedPricing #BusinessStrategy #KnowYourWorth #AgencyGrowth #Entrepreneurship