AboutLeo Lingham Expertise I can answer questions on marketing, marketing planning,
product management, advertising, sales promotions, sales planning,
merchandising, direct marketing, and sales management.
Experience 18 YEARS WORKING MANAGEMENT EXPERIENCE IN BUSINESS PLANNING,
STRATEGIC PLANNING, MARKETING, SALES MANAGEMENT, AND ORGANIZATION DEVELOPMENT.
PLUS
24 YEARS OF MANAGEMENT CONSULTING IN STRATEGIC PLANNING,
BUSINESS PLANNING, PRODUCT MANAGEMENT, MANAGEMENT TRAINING,
AND BUSINESS COACHING.
Expert: Leo Lingham Date: 6/6/2008 Subject: pricing
Question i have a pricing question.
i am a manufacturer selling to a number of customers including retailers, consumers, distributors, and now nonprofits. I am trying to determine pricing for nonprofits and have not been able to come up with a model.
any suggestions? i would also like to offer consumers the opportunity to raise money for nonprofits by selling my product for the specific cause (i.e. maybe similar to how kids do for candy bars) but how do i price this? don't they then need to pay sales tax? what about recording profits?
thank you!!!
Answer KATHRYN,
1.FOR THOSE TRANSACTIONS OF '' NON-PROFITS''
you can claim ''sales tax exemptions''
and recorded separately for auditing purpose.
YOU MUST APPLY FOR THE TAX EXEMPTION
WITH THE AUTHORITIES , BEFORE YOU COMMENCE.
2. From my knowledge, in selling for ''special cause''
we cover only
-actual cost
plus cost to cover overheads.
plus the amount for the non-profit charity.
