How Much?? Advice Please :)

Business By tessholly1 Updated 31 Mar 2014 , 9:56pm by costumeczar

tessholly1 Posted 31 Mar 2014 , 5:01pm
post #1 of 2

AI'm just about ready to give my cake making a proper try as more then just a hobby and maybe a future business. I'm trying to sort out pricing and just wanted people opinions on how much you would charge or pay for cakes such as these.. [IMG]http://cakecentral.com/content/type/61/id/3214042/width/200/height/400[/IMG] And this.. [IMG]http://cakecentral.com/content/type/61/id/3214049/width/200/height/400[/IMG]

1 reply
costumeczar Posted 31 Mar 2014 , 9:56pm
post #2 of 2

There's no way that you'll find an answer for how much to price your cakes by asking people what they'd pay. Of course people will say they'd pay far less than you need to charge, people are cheap.

 

You need to figure out your costs including materials, insurance, licensing fees, utilities, advertising,e tc etc etc, then add some in for your time and profit, and that's your price. This will all depend on what you think your time is worth, what your market will bear, what materials you're using, etc. Nobody online can tell you that, you'll just need to figure it out. There's software that you can get to help, but I haven't used anything to recommend...

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