I stole the title from another thread on here... But I was curious to see if some of you were adjusting for 2013.
Good to know LindaWe have just been doing the cost figures from this year and will probably be doing a 2-3% across the board increase for 2013. We have not had a price change since the crazy increases in ingredient prices in 08-09. So the small crawl upwards here and there have finally caught up to need an all over adjustment. Will be making the finalized announcement first of next week so people can order before the end of the year at today's prices.
Mike be careful in the advice you take, and way more careful from the advice of employees. Whether it's an increase or decrease of prices the decision to do either should be based on what's best for your/the Company.....period.I've spoken to other business owners in our area that are planning on decreasing their rates just so they can keep busy as things are supposedly going to go off some cliff..... The thing to be aware of is the fact that the customer will not notice or appreciate the decrease in rates as much as they will notice the increase.
Once in a while our power washing/sweeping business gets a little slow and I had an employee tell me we should lower our rates and get everything busy working. I know for a fact if you work for cheap once you've now shown the customer that it can be done and it's very difficult to charge your normal rates again. Good way to go broke fast!
For the most part our increase/decrease comes in the form of our fuel surcharge while our hourly rates have remained the same for the last couple years.