What we charge?

Graeme Harvey gharvey@netsource.co.nz
Thu, 27 Jan 2000 23:43:05 +1300


> 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


This is a good point Wim, I review my prices every 2 years, next review May
2000.
Another way to go is to index the tuning rate to the inflation / cost of
living index. My superannuation fund works this way, generally small (2 to
3%) adjustments each year to keep pace with the general cost of living.

BTW, My standard tuning fee is NZ$78 including GST of $8.66 (12.5%).
This is about US$40 based on the current exchange rates, so do you think I
should raise my rates,  :^)

Graeme Harvey
New Plymouth NZ



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