Ask a CFO is a weekly corporate finance Q&A with the CEO of Vanreusel Ventures, James Vanreusel. He has over 15 years of experience working at a CFO level for international non-profit and for-profit companies focusing on impact in tech and healthcare.
Ask a CFO is a weekly corporate finance Q&A with the CEO of Vanreusel Ventures, James Vanreusel. He has over 15 years of experience working at a CFO level for international non-profit and for-profit companies focusing on impact in tech and healthcare.
In this episode of Ask A CFO, we discuss the dicey and sometimes taboo topic of --RAISING PRICES! EEEK. Why would you do such a thing? Well, sometimes you have to just to stay afloat because when there is a downturn, that doesn't exclude Y-O-U. We are all "in it together," right? So if you or your business is experiencing expenses tied to inflation, increasing overheads, and narrowing profit margins, or even better, your team is just betting faster with higher output, it may be time to raise your pricing.