Small Business General Help

Small Business Help

Small Business help is here to provide you with no nonsense musings, helpful advice, videos, information and tools on the following and more. We search the internet to find the very best of what’s on offer to save you time, effort and money.

small business issues in retail
small business issues in service industries
small business marketing tips
small business help
small business customer service skills
small business management
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Whatever our businesses are, we all go though the same issues, fears and problems. It is my vision that together, as small business owners, we can provide encouragement and ideas for each other.

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Small Business Help – how to calculate charge out rates, don’t undersell your time

How to calculate charge out rates is one of the most important things to get correct for any small business owner in service industries. That is plumbers, electricians, computer servicing and consulting, even dentists, accountants

Charge out rates - do not undersell your time

and lawyers. Charge too much and you may lose sales, too little and you will not make a living. So it can be a balancing act but when it boils down to it, is there any point of being in business if you are not making enough. It’s quite easy to undervalue yourself and/or your employees and it can require courage to stand up and say ‘no I am worth more’.

Here is a very simplistic guide for working out a minimum rate it ignores profit from any goods you might sell, so has limited usefulness but then aim here is to get you thinking! [Read more…]