Do you have employees? If not, maybe it's time to start considering it. You don't want to build up the business of someone else by turning away customers...if you don't have to. If something happens to slow business in your area you're better off having to let go an employee than compete for the business that's left. Just a thought.
I may as well get some advice on this too.
I have had someone enquire about renting my kitchen, but obviously I couldn't have them become competition, right under my own roof, lol! I was considering contracting them to make the cakes I don't want to do, or the cakes I don't have time to do, KWIM? I was thinking of paying myself a set fee per serving, to cover supplies, cost, overhead, and bit profit, and having them take what is above that amount. They would have absolutely no overhead, and the benefit of an established name, and I could take more business. I would buy any and all needed cake toys, and they would still be mine. My recipes and methods. I haven't asked her is she wanted to be able to put her own name on them, though. I don't think that would work.
Is that weird? There would also be some training involved, but the person I am speaking to has a LOT of potential, and an eye for detail. I haven't met her, so I would want personalities to mesh before we agreed to anything, but just hashing out the details before meeting, so we can discuss them in person, would be great.
If you were me, or this other gal, what do you think would be fair in this situation? If you currently own a business but don't want to have an hourly employee, would that work for you? Or if you live in a non-cottage food state, would you be happy not having your name on your work? What sort of compensation would work in each case? Anything else you can think of?