How much to charge?

Business By marykjan Updated 14 Oct 2013 , 3:16pm by cakesbycathy

marykjan Posted 13 Oct 2013 , 6:52am
post #1 of 30

AThis is a 3 tiered topsy turvy cake that will be serving 50-70 people how much shouild I charge for it? I was told by one person $120 [IMG]http://cakecentral.com/content/type/61/id/3119017/width/200/height/400[/IMG]

29 replies
Godot Posted 13 Oct 2013 , 8:20am
post #2 of 30

A......sitting on hands.....

Claire138 Posted 13 Oct 2013 , 8:20am
post #3 of 30

Quote:

Originally Posted by Godot 

......sitting on hands.....

:D

Claire138 Posted 13 Oct 2013 , 8:22am
post #4 of 30

In all seriousness though $120 is not enough. There are too many variables to tell you an exact price but $120 is not enough.

CakeChemistry Posted 13 Oct 2013 , 9:45am
post #5 of 30

AI suggest searching for 'cake charging' in the site search engine as there are a million threads on this. And $120 is absolutely too little. I'd charge way more than £120 in the UK. Therefore $120 seems very low.

MimiFix Posted 13 Oct 2013 , 10:17am
post #6 of 30

Charge one way if you're a business, another way if it's your hobby.

costumeczar Posted 13 Oct 2013 , 11:31am
post #10 of 30

AAnyway, for a crooked cake that will serve 50-70 and is covered in fondant with those details I'd probably charge at least $420, which would be $6 a serving. That's a little cake, but it's a crooked cake so it will take longer and be a bigger pain in the butt, so maybe even $7 a serving depending on my mood that day and what else I had booked for the date. :twisted:

taartenmaker Posted 13 Oct 2013 , 11:37am
post #11 of 30

APEOPLE! IF THREADS ABOUT CAKE PRICING BOTHER YOU SO MUCH, THEN STOP OPENING THEM AND GETTING ANNOYED ABOUT IT!

Godot Posted 13 Oct 2013 , 11:42am
post #12 of 30

ASeriously? I LOVE being irritated by pricing threads!

costumeczar Posted 13 Oct 2013 , 11:44am
post #13 of 30

A

Original message sent by taartenmaker

PEOPLE! IF THREADS ABOUT CAKE PRICING BOTHER YOU SO MUCH, THEN STOP OPENING THEM AND GETTING ANNOYED ABOUT IT!

Easy there...you're the only one who's yelling so far. Relax...it's no big deal.

MimiFix Posted 13 Oct 2013 , 11:54am
post #14 of 30

These actually help me to relax, I find them to be a fun read. It's my daily entertainment!

Claire138 Posted 13 Oct 2013 , 12:30pm
post #15 of 30

Seriously? I LOVE being irritated by pricing threads!

 

Easy there...you're the only one who's yelling so far. Relax...it's no big deal.

 

These actually help me to relax, I find them to be a fun read. It's my daily entertainment!

 

I agree! Sorry didn't know how to quote multiple people at once. 

MimiFix Posted 13 Oct 2013 , 12:41pm
post #16 of 30

Claire, click the Multi button for each post you want to quote. When you're ready to answer, click the Reply button.

Claire138 Posted 13 Oct 2013 , 12:44pm
post #17 of 30

Thanks Mimi

howsweet Posted 13 Oct 2013 , 4:18pm
post #22 of 30

Here's a suggestion. When someone asks for pricing on a cake, if you don't have the slightest clue what where the price should be, you are not obligated to post one.

SystemMod1 Posted 13 Oct 2013 , 4:53pm
post #23 of 30

CCs policy on pricing threads:

 

http://cakecentral.com/t/764720/policies-for-posting-the-cake-decorating-business-forum

 

I see no indication the status of the OP, so either answer the question or get out of the thread.  Members that posted snark instead of flagging this post have been either banned or their posts have been deleted.

 

With clear guidelines posted by Heath, there is no room for nonsense.  If you like participating here on CC, you need to reconsider how you have been participating on certain topics and start choosing more wisely how you get your daily "entertainment".

itsacake Posted 13 Oct 2013 , 6:31pm
post #24 of 30

From my high end commercial kitchen in an expensive part of California, this cake would be between $500. and $700. dollars.  Client might not purchase for that, but I wouldn't make it for less.

Stitches Posted 13 Oct 2013 , 9:31pm
post #25 of 30

First thing to do is figure out exactly how many servings they are ordering, so you make the right sized cakes. There's too much difference between 50 servings and 70.

 

If you make a cake big enough to feed 70, than you should get paid for every serving. Like wise if your cake is small why should the client pay for 20 more servings than you gave them?

 

Second thing you must look at is, what is a reasonable price per serving? Go to a restaurant and order a piece of cake........see what they charge you. Go to your local bakery and find out what they charge per serving. If you charge them $120. for 70 servings that's $1.71 per serving. I can't think of any place in the world that would charge that little. Even a cupcake with-out any decoration on it costs more.

 

So start doing the math yourself.

 

How long did it take to make that cake? (I'd guess 8 hours for a beginner, going to the store to get the ingredients, baking and decorating.)

 

How much did it cost you to buy the ingredients? (I'd guess it cost you around $50.00 to make that cake)

 

Where does the math take you:

 

$120.00 minus $50.00 in ingredient costs gives you $70.00 of profit.

If you spent 8 hours making that cake, $70. divided by 8 hours, equals $8.75 per hour of payment.

You also have over head., since you can't post this question unless you are a legal business.

My guess is your overhead is $2.00 per hour.

 

Than ask yourself if your work was worth $6.75 per hour? Even a 16 year old gets more pay per hour than that at a minimum wage job in the US. So regardless of your experience decorating cakes, is your time really worth that little pay?

kikiandkyle Posted 14 Oct 2013 , 12:22am
post #26 of 30

AIt depends. Is it a business transaction or is it just for a friend/relative?

Cara-mel Posted 14 Oct 2013 , 2:29am
post #27 of 30

AAs a n

Original message sent by Stitches

First thing to do is figure out exactly how many servings they are ordering, so you make the right sized cakes. There's too much difference between 50 servings and 70.

If you make a cake big enough to feed 70, than you should get paid for every serving. Like wise if your cake is small why should the client pay for 20 more servings than you gave them?

Second thing you must look at is, what is a reasonable price per serving? Go to a restaurant and order a piece of cake........see what they charge you. Go to your local bakery and find out what they charge per serving. If you charge them $120. for 70 servings that's $1.71 per serving. I can't think of any place in the world that would charge that little. Even a cupcake with-out any decoration on it costs more.

So start doing the math yourself.

How long did it take to make that cake? (I'd guess 8 hours for a beginner, going to the store to get the ingredients, baking and decorating.)

How much did it cost you to buy the ingredients? (I'd guess it cost you around $50.00 to make that cake)

Where does the math take you:

$120.00 minus $50.00 in ingredient costs gives you $70.00 of profit. If you spent 8 hours making that cake, $70. divided by 8 hours, equals $8.75 per hour of payment. You also have over head., since you can't post this question unless you are a legal business. My guess is your overhead is $2.00 per hour.

Than ask yourself if your work was worth $6.75 per hour? Even a 16 year old gets more pay per hour than that at a minimum wage job in the US. So regardless of your experience decorating cakes, is your time really worth that little pay?

As a newbie, this comment is professionally sound and just makes good business sense. Thank you for such a detailed explanation.

cakesbycathy Posted 14 Oct 2013 , 2:45pm
post #28 of 30

Quote:

Originally Posted by SystemMod1 
 

CCs policy on pricing threads:

 

http://cakecentral.com/t/764720/policies-for-posting-the-cake-decorating-business-forum

 

I see no indication the status of the OP, so either answer the question or get out of the thread.  Members that posted snark instead of flagging this post have been either banned or their posts have been deleted.

 

With clear guidelines posted by Heath, there is no room for nonsense.  If you like participating here on CC, you need to reconsider how you have been participating on certain topics and start choosing more wisely how you get your daily "entertainment".

Why isn't this a sticky at the top of the page?

Otherwise, someone would have to scroll through all the posts in the cake decorating business forum to know it's there and this is the policy.  There are going to be a lot of people who aren't aware of this.

cakesbycathy Posted 14 Oct 2013 , 3:16pm
post #30 of 30

I see it now.  Guess I didn't realize it since the title is pretty generic and doesn't refer to pricing threads.

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