I have been working on a new calculator that will tell you exactly what you need to price your membership at based on the income you want to make, the number of members you can handle, paying a full staff, and your overheads.
It can be used for your current situation to see why you aren’t profitable or projections for growing your business and not making the mistake of underpricing your membership.
A good example would be seeing what pricing you need to be at so you can make $100k annually with a 150 member single location, plus an additional 10% net profit margin while being fully staffed.
Below you can get access to this calculator, and I will be updating this tool continually, so please bookmark this page, subscribe to the newsletter and check back often. This tool is great kickstarter if you are looking to price your membership and become more profitable .
If you’re not making a profit, it’s unlikely your business will succeed. You need to charge enough for your services so that people are willing to pay and cover the costs of running or maintaining them. And pricing your services is one of the most difficult parts of starting a business. If you price them too high, customers won’t buy from you. But if you price them too low, it can be hard to stay in business for any length of time.
Just as a builder uses a blueprint to ensure that a building will be structurally sound, the process of finding out what you should price your services is part of writing a blueprint for your business — this will help you gain clarity on whether you are charging enough to cover overheads, fund the businesses growth and pay yourself the salary suitable for a business owner.
If you’re just pricing your membership based on what everyone else is charging or without a plan, you leave far too many things to chance.
This calculator is a part of our training so we keep it locked up tight but we are giving access below. Once you get access, it comes with a video that shows you how it works and will guide you through all the fields and at the end it will output all the results and you can save the results for yourself.
Below you’ll see an example of the outputs and below that you can get access.
PREVIEW OF THE OUTPUTS
ACCESS THE MEMBERSHIP PRICING CALCULATOR TOOL BELOW!