Pricing Mistakes That Are Sabotaging Profits

Pricing Mistakes That Are Sabotaging Profits

If I asked five people in your company who owns pricing, would I get the same answer?

Probably not.

Pricing tends to evolve in different directions as a company grows:

Different salespeople start setting their own negotiation.
Perhaps an estimator builds the proposal to their own standard.
Account managers may make their own exceptions.

And operations has to deal with all the consequences.

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Brand Equity: The Overlooked Way to Increase Company Value

Brand Equity: The Overlooked Way to Increase Company Value

There has been a lot of discussion about how to build a valuable business.

You know the usual advice: build strong systems, teams, earnings, and recurring revenue.

Many owners miss a fundamental value-driver hiding in plain sight: brand equity.

It may start with a new logo, website, truck wrap, or color scheme. But it goes deeper.

I know from my family’s business—where I always kept a focus on building brand equity. When it finally sold, our loyal client base, reputation, and market position were a large part of the value.

That is why your brand equity matters. It affects the economics of the business in ways many owners underestimate.

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