Business-pricing workshop – 6/18/2009

City of Fort Wayne Seal

Press release from the City:

City, small-business advocates offer free business-pricing workshop
June 18 session will cover retail, service and consulting business models

The City of Fort Wayne in cooperation with the Greater Fort Wayne Chamber of Commerce, Women’s Enterprise – A Program of the Fort Wayne Women’s Bureau, Small Business Administration, SCORE, Community Development Corp. and the Indiana Small Business Development Center will offer a free pricing workshop Thursday, June 18.

The Pricing for Success forum, which will be 4 p.m. to 7 p.m. in the Omni Room on the second floor of the City-County Building, will cover the following topics:

  • Pricing structures for retail businesses including restaurants, service businesses such as auto repair, and consulting enterprises
  • Basic business planning
  • Cash flow
  • Financial statements

The topics are designed for people who are thinking about starting a business or have recently launched a new venture and have questions about how to price their products or services competitively while also factoring in the appropriate overhead and profit.

“Pricing is critical for the success of any business. Set your prices too high and you may have priced yourself out of the market; prices too low mean you aren’t making the money needed for your business to succeed and grow,” said Mayor Tom Henry, a business owner himself. “This series of free workshops offered by the City and its small-business partners are part of our community outreach to the business community.”

The presenters will be Denise Porter-Ross from the City of Fort Wayne and Shirley Busack, Director of Women’s Enterprise – A Program of the Fort Wayne Women’s Bureau.

The other workshops planned for 2009 are:

  • Taxes and record-keeping, Aug. 20
  • New business start-up in a recession, Sept. 17
  • Procurement, Oct. 15
  • Patents, trademarks and copyright, Nov. 19

All workshops will be 4 p.m. to 7 p.m. in the Omni Room of the City-County Building.

For more information about the pricing workshop or upcoming sessions, contact Denise Porter-Ross at 427-2603.

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