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Pricing can make or break your business. The number one reason that hurts a business is the PRICING ! In an attempt to get more business, a lot of people lower the prices to fit themselves in a low end market. THIS IS A HUGEEEEE MISTAKE. Its not sustainable to business as well as personal time and health. Placing oneself in the correct market is important in order to GET PAID WHAT YOU DESERVE!
As a first step, know what is your profits on each product you sell.
This video does exactly that! It helps you find the cost behind any recipe you use for your business. Add in a cost over this as your "PROFIT" , which is the money you will take home on selling each of the recipe.
This is only a guide. There is no hard and fast rule. We have put together whatever costs we could think of behind making of a bakery products. Feel free to include or exclude any item or category that does/doesn't apply to your business.
REMEMBER , at the end of the day, you work so you can get paid for what you love to do! Value your time and skill :)
Good luck!
This Excel sheet can be received by filling this form:
forms.gle/5rTLmTAehKkFR5tV6
( Please allow us a few business days to mail this to you)