What is Cost Plus pricing?

Friends don't let friends charge an hourly rate

Pricing is one of the hardest things for service businesses. Especially "knowledge" businesses - where you do something that takes you time and expertise but doesn't really cost in terms of materials. 

How do you price those things up?

There are a number of different pricing models out there, but the one that most of us end up using is called "Cost-Plus". 

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