In a message dated 1/26/00 11:14:09 PM !!!First Boot!!!, jkinnear@pianoguy.com writes: << I haven't raised my prices for about 5 years , , $75can. that's about $45US . . maybe I should reconsider . . Jim >> Jim Ask yourself. What did you pay for your auto insurance, your gas, your milk, etc., 5 years ago? Did you have a computer? How much was your phone bill? If none of those prices have gone up, then you should continue to charge $75. But I bet you those expenses have gone up. So you have every right to charge more. My suggestion is to increase your fees a small amount every year, or so, instead of trying to catch up once every 5 years. First of all, you are loosing money if you wait more than 2 years. And second, your customers will not be too upset with you if you went from $75 to $80. But they will balk if you told them the new price is $90, even though if you had raised your fee $5 very year, that is what you have been charging by now. Wim
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