So I am just starting out, and I know that I should cost out my cakes, add for time, labor and profit, etc., but I also want to make sure that I am cost appropriate for my area. I am new to this, so I can't do the extremely professional stuff yet, so I know that I shouldn't base my costs on those shops (and wouldn't want to, couldn't compete). However, I am also in the DC metro area, where everything costs a ton. I want my cakes to be affordable, but I don't want them to be so below market value that I am undercutting myself or even just giving off the opinion that I'm no good. Any opinions or knowledge of the area and pricing? I was thinking or either $2.50 or $3 per serving base for buttercream and upcharging a dollar per serving for fondant. Does that sound good? Too high or low?
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10/26/12 at 5:37pm