How to Raise Your Prices in 2027 (Without the Awkward Conversation)
When was the last time you raised your prices? The problem isn't that your clients can't afford more. It's that your costs have climbed while your prices stood still, and you've been quietly paying them to work with you. Spoiler: raise your prices 10% and lose two of your 20 clients, and your revenue still lands within about 1% of where it started, with less work. Your costs went up. Payroll went up. Software went up. In this episode, I walk service-based business owners (and CPG founders, because the same principles apply) through the math on what standing still costs, how to decide who gets an increase and how much, and how to communicate it without apologizing. You'll leave with a plan for your legacy clients and a contract clause that makes next year's conversation easy. In This Episode Why we don't raise prices, and why price usually isn't the reason clients stay The quiet costs of underpricing: thinner margins, slower hiring, and you working more The math: 3 years of 4% cost increases and no price change cuts profit by 37% What a 10% price increase does, even if you lose two clients New clients vs. existing clients: grandfather, phase in, pass along half, or prepay The signs you're underpriced The contract clause that turns pricing into an operating system (and the timing exception) How to communicate an increase: 30 to 60 days' notice, lead with results, no apologies What to do when a client pushes back, and why a little churn is healthy Your homework: Pull your client list, write down each client's rate and the last time you raised it, and flag your three most underpriced accounts. Connect with Melissa: Free Consultation: https://www.melissafranks.com/fractionalcooservices Free Operational Leaks Masterclass: https://oncallcoo.melissafranks.com/3operationalleaks Learn more about On Call COO fractional services → https://www.melissafranks.com Watch the Episodes on Youtube Instagram: instagram.com/melissa_franks LinkedIn: Melissa Franks



