Pro pole, Its not to drastic a payrise.
If you can get it go for it.
Sometimes its worth having a go putting prices up a little bit more then what you think. You wont know till you do it.
From £7.00 to £10.00 is a big jump, but add in a price Guarantee that you will not raise their price again for 2 or 3 years depending on how often you increase your prices. It sometimes is enough to keep a customer with you. Its no suprise that the big power companys are offering to freeze prices for so many years.
If you make a price guarantee dont ever break it. Or your word will mean nothing, so think carefully how long you freeze a price for.
I put my prices up 20% at the Beginning of this year because of wfp, I made a pledge not to put them up again for 3 years, which I will stick to. But a few months before I increase my prices again I will canvass to get another £200 worth of work and then I will inrease my prices by about 15%. I will lose a few, not many but my price increase and the new work will more then cover any loses.
If I had hotels or Lots of commercial work I would tell them face to face and gove them a letter for their records after I had told them.
Nel.