Hi. I have a question. I make fondant cake. My friends want to 6" round cake there will be a car and girl on the cake. what do you think the price should be? Thank you.
What are all of the costs involved for you to do the cake? Then, you need to charge for your labor and add a 20%-30% profit. That's how I determine my pricing. HTH
Don't forget your overhead costs (i.e. liability insurance, inspection fees, utilities), annualized and divided on a per-order basis.
Thank you for your help.
sibelsah, try this thread. it might be helpful.
I figure out my costs (including my per hour rate) and double it. You will figure out a per slice cost over time (mine for fondant is $4 a slice for a plain, or very simple, fondant covered cake) that will cover your expenses. As you add more time for more elaborate decorations/flowers/piping you will also add cost to your per slice price. I'd say, because I rarely do a "plain" or "simple" cake, my per slice cost for a fondant cake is usually around $5 per slice.
When figuring the costs out remember to add in supplies, your hourly rate, insurance, any kitchen rental fees, etc. to come up with the cost.
Thank you for your help. Very helpful information for me. See you