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In an ideal scenario price increases should be done yearly to reflect inflation rates. If you don't you are effectively reducing your prices by keeping them unchanged.
Changing your price 3% a year is a lot easier than 15% in one go after 5 years of stagnant prices.
On the upside it will also...
Hello fellow North Easterners
I'm John and I'm a director of W Finance & Accounting Solutions Limited based in Teesside.
We provide an end to end accountancy service from bookkeeping to virtual FD services. We have a wealth of experience across a 15 year time span working as Senior Management...
It's a pretty straightforward task for a competent accountancy practice. Many of the cloud accounting software packages have an EBay Seller add on which feeds the data in automatically.