Aimed at marketeers, salespeople and senior business people, this short, self-paced course can be started at any time and study on a flexi-time basis so you can fit it around your other commitments.
You choose when to study at our comfortable London (Notting Hill or Holborn or Croydon training centres which are open daytimes, evenings and Saturdays.
Enquiring from the Manchester area? Click here for further details.
What We Cover In Our Costing And Pricing Course.
In approximately 6 hours, you’ll cover 3 key lessons:
Lesson One – What to consider when pricing a product, factors which affect the profitability of a business. Common price-setting strategies, factors which influence the customer’s decision to buy. Ways to check that the price is right, how increasing or decreasing selling price affects profit, ways to market and sell products, defining direct costs and indirect costs, recovering costs
Lesson Two – Examples of a service business, identifying overheads of a typical service business,
calculating a suitable hourly rate, defining fixed costs, variable costs and semi-variable costs, understanding the break-even point on a graph, formula to calculate the break-even point, limitations of break-even analysis
Lesson Three – What ‘contribution’ is and how it is calculated, how fixed costs, variable costs, selling price and profit interact, using Excel to carry out appropriate calculations, how contribution theory can help to make business decisions, setting out and interpreting a marginal cost statement, understanding what is meant by ‘absorption costing’
More About Our Costing & Pricing Course.
We assume no prior knowledge of costing and pricing so this course is ideal for beginners, however you will need an intermediate knowledge of Excel to do the exercises. You choose when to study and our experienced training team is on hand at all times to help you.
In addition to the transfer of knowledge, you’ll enjoy a number of increasingly challenging, practical exercises to help you develop your costing and pricing skills.
At the end of the course, you can take an exam leading to the award of a nationally recognised Pitman Training certificate.
We are Holborn Training Ltd and we operate Pitman Training centres under franchise in London’s Notting Hill and Holborn and in Croydon.
The purpose of our business is to change lives and build futures and we’ve been successfully doing this since 2004! In fact, some 8000 students have enjoyed learning with us and very many have gone on to have glittering careers. Why not join them?