Welcome to Day 3 of the Get Set for Manufacturing Challenge!
This episode tackles how to price a product.
There are a few little calculations you’re need to make, and in this episode I explain how to make them. As well as a sanity check to make sure that you’ve got your prices right.
I also refer to our handy tool to help you work out your target cost price. You can try out the cost price calculator here.
This episode is the third in a series of 5 podcasts that accompany my Get Set for Manufacturing Challenge.
Each episode will tackle one of the 5 key things that you need to consider if you want to start working with a a UK manufacturer.
To take part in the challenge go to makeitbritish.co.uk/getset and I’ll send you all the details.
The show notes for this podcast along with a full transcript can be found at makeitbritish.co.uk/018
Get Set for manufacturing Challenge
If you are looking to manufacture in the UK but don’t know where to start, join our Get Set for Manufacturing Challenge and be factory-ready in 5 days!
Subscribe to this podcast – and support UK manufacturing
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Want to find out how your business can benefit from being at the show? Apply here