One of the biggest changes we made was separating pricing from emotion.
Early on, I wanted every client to say yes. If someone hesitated, I’d immediately start questioning my pricing.
As we grew, we stopped pricing to “win” and started pricing to build the business we actually wanted. We know our labor targets, overhead, benefits, payroll taxes, workers’ comp, marketing costs, and profit goals. The quote has to support all of that, not just today’s sale.
Ironically, our close rate didn’t suffer nearly as much as I expected. We simply attracted clients who valued professionalism over finding the cheapest option.
The biggest lesson? A “no” isn’t always a pricing problem. Sometimes it’s just the wrong client.