Every small business owner would tell you that one can’t stay in business for long unless they make some profit. If you are not breaking even, your business is only going to last you as far as your funds go. No business owner starts a business to lose money. But sometimes people just price their goods and services the wrong way, shooting their business in the foot over the long run. Profit Story is a solid tool that can help you make better pricing decisions for your business.
Profit Story is a calculator for product makers and small business owners. It allows you to calculate unit and case costs and figure out your profit margin as well as your break even point. I love the fact that the app allows side-by-side comparison of pricing models to see how things change when prices change.
Profit Story has a simple but very usable user interface. Making changes to your prices (using the wheel) and comparing multiple models is very easy. Your information can be copied and emailed.
Profit Story is a simple but very helpful tool for anyone needing to price a new product or re-price an existing good or service. It does not have many bells and whistles but does what it promises. Support for more complex pricing models would be nice though.
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