Following the Right Path
Finding and following the right path for your business is critical to getting the results you work so hard to achieve.
Numbers That Matter: Planning for Financial Health in 2021
Ken Baur explains how the performance of your shop is dependent on a few basic numbers. Ken breaks down what those key numbers are on your Profit and Loss Statement, other important industry-specific numbers, and how to monitor them.
Strategies for Pricing Acrylic Glazing
Questions about how to price your acrylic in a competitive & profitable way? Ken & Tru Vue offer some guidance with this video.
Rule Of Three Pricing Strategy
Many shops have questions about pricing glass. Learn how to price your Tru Vue glass using the Rule of Three pricing strategy.
Pricing Mistakes and How to Avoid Them
Most customers are willing to pay a fair price for products and services. Businesses that plan ahead to be sure the complete service is part of the original price, provide a more positive customer experience.
Matching Your Passions With Profits: First Steps To A Profitable Pricing Strategy
Pricing is most profitable when it is based on the operating expenses of a specific business. Learn two critical steps in a profitable pricing strategy.
Pricing Table Basics and How to Check Yours
Many frame shops could make significant profit improvements by taking a look at the way their pricing tables for moulding and matting are set up. Pricing is critical to the success of your business, so spending some time on these tables can help your profits.
Is it Time to Rethink How We Create Our Products?
Industries adapt and develop new ways to compete. The current choices in how moulding can be purchased offer our industry an opportunity to explore new options. Switching from length purchase to chop or chop/join saves a shop significant labor hours. Use our free worksheet to see if you could benefit from changing your purchasing model.
Striking the Right Balance with Pricing
One of the biggest challenges facing custom frame shop owners is determining their pricing strategy. You want to strike the right balance with pricing so that you don’t discourage customers, but are also able to cover your operational expenses, material costs, and allow for remaining profit. Read this article to learn how to take your pricing to the next level.