Business Model
Create a flexible business model based on your targets and selling prices. This enables you to not only cover all expenses, but to make a profit too.
Create your Business Model
Creating a business model that dictates your prices based on your cost, targets and competitors is the best way to turn your finances around. It gives you a clear view of the theoretical requirements to meet your target, and provides insight into your revenue, overheads, cost of goods sold, and profit.
Charging the correct prices instead of market related prices just because of the market will leave you in the enlightened when you dissect your business’s expenses.
Target & Safe Price
Target Revenue or Profit
You determine your monthly revenue or profit target and the software will calculate how to get there.
Safe Price
Okumm generates a safe price for your product/ service that will make sure you reach your target, cover your overheads and ensure a profit.
Determine a Competitive Price
Competition
Look at the pricing of your closest competitors and evaluate your price against it.
Final Price
Compare your competitive price with your safe price to find your Final Price.