When my father got five times his ideal price, plus some bagels, for family junk he taught that street smarts trump book smarts.
Disneyland is not only a place for kids and adults to have fun. It's an exceptionally well-run business that any entrepreneur could glean valuable information from.
Buy low, sell high is a simple idea, except when everybody competing with you is trying to do the same thing.
As the creator of a new product, you need to know the costs so you can weigh the risks and the rewards.
Ready To Launch
Learn to determine pricing that will make you a profit but won't scare away parents.
Ready To Launch
Lesson one: Forget about surveying your customers to price products for which they have no concept of price.
Starting a Business
Here's what you need to know when setting prices for your goods.
Price stability and a strengthening economy, highlighted by a tightening labor market, likely will push the Federal Reserve a step closer to raising interest rates later this year.
Not only should you charge based on the product sold, but also on what your brand represents to customers.
The business model has been so successful, says Bar Marco founder Bobby Fry, that it is expanding the concept to sister restaurant The Livermore.
The smartwatch has the lowest hardware cost to price of any of the tech company's devices.
Deutsche Bank released a ranking of the most and least expensive places to buy a range of items worldwide.
It requires courage to choose the entrepreneurial path, and more courage is needed to see how far it leads.
Among the most nerve-wracking decisions when starting out is how much to charge. Researching the market and accurately tallying costs has a calming effect.