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Cake pricing

post #1 of 3
1/16/13 at 7:18pm
Thread Starter 
I need help pricing out my cakes. Is there a software and app I can download. For example I need a price for the cake picture ASAP. It's a 3 tiered cake (6", 8", & 12"). Yellow cake, fondant, n basic colors.
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post #2 of 3
1/16/13 at 8:24pm
To price this you will need to estimate how much the ingredients will cost, estimate how many hours it will take you to make the cake multiplied by your hourly wage, then add your per-order overhead and markup.

Make sure either you or your customer gets written permission from Sesame Workshop, otherwise you will be infringing their copyright.
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An experimental blog with new content every Tuesday!

Recent Articles: The Magic Pricing Formula • Copyright Law
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post #3 of 3
1/16/13 at 9:29pm
Thread Starter 
Quote:
Originally Posted by jason_kraft View Post

To price this you will need to estimate how much the ingredients will cost, estimate how many hours it will take you to make the cake multiplied by your hourly wage, then add your per-order overhead and markup.

Make sure either you or your customer gets written permission from Sesame Workshop, otherwise you will be infringing their copyright.

Wow. Thanks I figured some of this stuff previously but gave up on pricing things out and would just give a figure. Maybe I should just do a spreadsheet of all ingredients with their retail price, needed for any type of cake and then as orders come divide the cost and quantity of the ingredient needed + work hours + cost per hour etc to better understand cake pricing.

As per the written agreement I never knew that, jeez imagine the "what if's". I will send them an email as soon as now. I'm just a small timer that's starting out. I really appreciate it. Thanks a million.
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