oboloo Glossary

Cost Plus Billing

oboloo Glossary

Cost Plus Billing

Cost Plus Billing is a pricing system in which the cost of goods and services are established upfront with an additional percentage or fixed fee added on top. In this model, businesses can maintain control over costs while benefiting from a steady revenue stream. It’s a simple and straightforward way to ensure profitability while also providing clarity to customers. With Cost Plus Billing, everybody wins: businesses have greater financial predictability and customers can rest assured that they’re getting the best price for their money.