What Is A Good Price?

Business By KODYSMOM Updated 13 Jul 2007 , 4:39am by alicegop

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KODYSMOM Posted 12 Jul 2007 , 10:12pm
post #1 of 5

I'm just wondering if I'm in the right ballpark. What should I charge for a 10" & 6" stacked cake iced & filled with bc with fondant stripes and dots? Is $35 ok?

4 replies
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JoAnnB Posted 12 Jul 2007 , 10:16pm
post #2 of 5

I think that is way too cheap, but it does depend on where you are. I would charge a minimum of $1 a serving as a starting point.

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kelleym Posted 12 Jul 2007 , 11:10pm
post #3 of 5

According to the serving chart I use, that's 38 servings, and I wouldn't charge any less than $2/serving - so $76. I would guess your expenses for a cake like that would be at least $20?

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indydebi Posted 13 Jul 2007 , 12:18am
post #4 of 5
Quote:
Originally Posted by kelleym

According to the serving chart I use, that's 38 servings, and I wouldn't charge any less than $2/serving - so $76. I would guess your expenses for a cake like that would be at least $20?




My rate is $2.50/serving so mine would be even higher than $76.

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alicegop Posted 13 Jul 2007 , 4:39am
post #5 of 5

I would charge $100.

Your costs are $20. So now your profit is only $15... if it takes you 3 - 4 hours, you are making way less than minimum wage.

If you want to go by the cost of your supplies x 3 then you shouldn't charge less than $60.

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