Mastering the Art of Price Increases: A Guide for Cleaning Companies

Why giving a price increase at least annually is essential for keeping your profit margin in check.

Mastering the Art of Price Increases: A Guide for Cleaning Companies

If you have a Cleaning Business Service, then you have realized that your profit needs to stay the same. The only way to keep your margins in tack is by doing a price increase at least annually. Admittedly, giving a price increase for the first time can be nerve racking, if you have never given one ever or it’s been a long time.

There are other price increases that need to be done as well but we can talk about that in another post.

Get your clients prepared that there is going to be a change with how much they pay. The norm for this is around 30 days. I have seen where other cleaning business owners give a week or two week notice as well. Always go with your gut to anticipate what is going to work best for you and them.

Remember to give a price increase to a few cleaning clients at a time, especially if you have never increased pricing before. This way if they jump. Then you are not without income until you gather more clients up.

Once you have given prices increase annually for 2 or 3 years in a row then your clients will anticipate it and you can then just give out price increases all at once.

If you are nervous and need a little help with doing a price increase then consider taking the price increase bootcamp.

Here is the link to check it out.

https://klean-freaks-university.newzenler.com/courses/price-increase-boot-camp

Shannon Miller, renowned business coach at Klean Freaks University, emphasizes the importance of profit margin management. Annual price increases serve as a proactive measure to counter rising costs, ensuring that your business remains financially sustainable in the long run.

Shannon can be reached at https://kleanfreaksuniversity.com/

You can listen to her at https://cleaningbusinesslife.buzzsprout.com

You can watch her on youtube at https://www.youtube.com/channel/UCIjMz_-9YyiFvNVIgb61iYg