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Lash Biz Advice: When is the right time to raise your prices?

How do you know when it is the right time to raise your prices? Here are some indicators it is time: You have more clients than you are able to service. The demand in your geographical area is greater than the supply available. Your prices are below the midpoint your geographical area. Now that you have determined that it is time to raise your prices, how do you go about doing that? Step 1: Determine the amount you want to raise your prices based upon the market in which you reside. Step 2: Determine to whom these increased prices will apply and when. Will you only apply the increase for new clients? Apply to all clients? Step 3: Create a communication plan. How will you communicate the chan

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