I'll be making 100 cupcakes for a brides wedding! I have a price breakdown of what i'd charge and i'm having difficulties putting a price on the flowers.
I'm charging $2.50 for each cupcake with icing
$100 for tier rental and delivery
I'm thinking of charging $1 each for the flowers. Size is around 1.5 - 2 inches in diameter. What do you think?
I'm thinking of charging $1 each for the flowers. Size is around 1.5 - 2 inches in diameter. What do you think?
You could find out how much they cost to purchase online. Sell yours for what they are currently going for, plus an upcharge.
I haven't timed myself but i'm thinking with colouring and such, 3 (flat ones) - 5 (the 3d ones) minutes?
You should definitely time yourself so you have a better idea. Let's say the ingredients cost $0.30, and it takes you 5 minutes to make one flower. If you pay yourself $12/hour, the labor cost would be $1. If your kitchen rent is $15/hour, that would be an additional $1.25, so your cost would be $2.55 (or $1.30 if you have a legal home-based business). Add a 20% markup and you have a price of $3.05 or $1.56, with and without kitchen rent respectively.
Of course you may find that it's cheaper to buy them, in which case you should do so (assuming you are satisfied with the quality) and add your markup.
I haven't timed myself but i'm thinking with colouring and such, 3 (flat ones) - 5 (the 3d ones) minutes?
You should definitely time yourself so you have a better idea. Let's say the ingredients cost $0.30, and it takes you 5 minutes to make one flower. If you pay yourself $12/hour, the labor cost would be $1. If your kitchen rent is $15/hour, that would be an additional $1.25, so your cost would be $2.55 (or $1.30 if you have a legal home-based business). Add a 20% markup and you have a price of $3.05 or $1.56, with and without kitchen rent respectively.
Of course you may find that it's cheaper to buy them, in which case you should do so (assuming you are satisfied with the quality) and add your markup.
Sorry but I would be hard pressed to charge $3.00 each or even $1.56 each for those flowers. I know I wouldn't PAY that. These are not the kind of flowers that require much skill to produce. Here's a link to a global sugar art flower that is similar (more complicated) and it's $15 for 40 of them. ...or around 39 cents a piece. http://www.globalsugarart.com/product.php?id=25397&name=Frangipani%20Flower-Small-White%20with%20Wire%20Gumpaste%20Flowers
About the same price here:
http://www.cakedeco.com/cgi-bin/webc.cgi/st_prod.html?p_prodid=6969&p_catid=349
Sorry but I would be hard pressed to charge $3.00 each or even $1.56 each for those flowers. I know I wouldn't PAY that. These are not the kind of flowers that require much skill to produce. Here's a link to a flower that is similar (more complicated) and it's $15 for 40 of them. ...or around 39 cents a piece. http://www.globalsugarart.com/product.php?id=25397&name=Frangipani%20Flower-Small-White%20with%20Wire%20Gumpaste%20Flowers
At that price, this is probably one of those components that should be outsourced for now until OP has enough volume to make them more efficiently en masse (e.g. 60 seconds per flower).
Let me start by saying, I am not my customer...my customers pay much more for my cakes than I would. $3.50 for a cupcake with that flower on it is more than reasonable, imho.
Minette
I too would pay $3.00 for a cupcake with the flower on it...not for the flower alone.
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