Plummeting Closing Rates: An Omen or Reality Check?
Mar 27, 2024
Today, we're discussing the reality many of us have faced lately: plummeting closing rates and the struggle to get quality pricing. While this may be an omen for the country's economic state, it also could be a reality check for those of us who genuinely don't know our numbers.
In this episode, you will learn:
- Importance of knowing your numbers and pricing your work appropriately
- The impact of pricing on closing ratios and profitability
- The benefits of using LMN Software for pricing and budgeting
- Real-life examples of underpricing and its consequences
- The significance of reevaluating pricing and making necessary adjustments
- The value of seeking help from experts or resources like LMN, Mike Bedell, or John Pajak
- The importance of unlearning and relearning to succeed in business
- The role of accountability and support in business growth
- The encouragement to take action and make changes for a more successful business
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Links Mentioned In The Episode: