Virtual Admin Concepts received the 2010 Entrepreneurial Excellence Award from The Business Ledger for Service to Entrepreneurs. Read the story here in the full issue of the Business Ledger.

Determining your product/service prices is more art than science. The answer may sound simple, but you should price your product or service according to what customers value versus focusing on your cost.  Many business owners simply calculate their costs, then add their desired profit margin percentage to determine their price.  By doing so, they may be turning away customers or leaving money on the table. One of the secrets to repeat...