Costing and Pricing Your Work, The Prince's Trust, Canningford House, Monday, 23. September 2019

Support for starting a business
The Prince’s Trust has helped over 86,000 young people to start their own business – and you could be next. We work with 18 to 30-year-olds living in the UK to turn big ideas into a reality.
Our Bristol Business Growth Workshops are in high demand so don’t miss out - book your ticket now before they go! 
Terms and conditions: You must be 18-30-years-old and within the first year of trading / starting your own business to attend this workshop.  A two hour workshop costs our charity over £200 to run, so please consider this when booking your space and if you are no longer able to attend, please cancel through Eventbrite and give a minimum of 1 working days’ notice.  This enables us to ensure that our workshops are viable to run and gives attendees the best possible experience.  Thank you.
This workshop will cover the difference between Cost Price, Wholesale Price and Retail Price. 
It will look at :-
* All the aspects of working out a cost price, and what needs to be taken into account.
* What normal mark ups will mean the item will sell at (retail price) to the public. 
* The influence of the market that you are selling into.
* The value of handmade versus the value of a mass produced item.
* The economies of scale and the cost advantages of buying in bulk.  
* When to negotiate payment terms and what the different terms names mean.

For the last 8 years, Sue has been giving workshops about costing products for UWE, the Prince's Trust and Design Nation.
Sue has a life time of experience, having been involved in design and marketing all of her career. As well as developing products which have been sold to Department stores such as Harrods, John Lewis and Liberty, and Chain stores such as Miss Selfridge and Monsoon, Sue has also been commissioned to do film work and exhibition design, and has exhibited her fine art prints. Currently, Sue runs her own jewellery design business which started up in 2005. 

Monday, 23. September 2019, The Prince's Trust, Canningford House, Costing and Pricing Your Work

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