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What would you charge?

post #1 of 17
Thread Starter 
Hi! I am an at home baker who truly enjoys baking. I have recently begun to do cakes, cupcakes, etc for money and so I am attempting to start my own business. I am working off of referrals now but hope to continue we new business. I was asked to make 75 mini Tiffany cake boxes and a big Tiffany cake box cake to feed 75 people. I did some research and actually called around for quotes from full blown bakeries and the lowest cogs I got was $700. Everything is to be covered in fondant and the mini cakes were to be 2 x 2. I asked the prospective clients if they had received any other quotes and they told me they had been quoted $250-275. I couldn't believe it since it is such a labor intensive job.

What would you charge?

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Migdalia
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Migdalia
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post #2 of 17
I dont know who they called for $250 but let me be the first to tell you "no way". I assume the next few people who answer this post will have a field day and so im gonna let them have at it lol.
post #3 of 17

I'd charge $1500 to do 75 of those in fondant.  They have lids and bows, for pete's sake. That doesn't include the cake or a stand. If I was in a really good mood, I might do them for $1125.

post #4 of 17

You should call your customer and tell them to contract with the $250 baker ASAP!  $700 is not enough  - even if you ONLY charged $10 per mini cake, that would be $750 without the large cake!

 

Of course what they get for $250 will not be remotely close to the photos you have posted. :)

 

Liz

Follow me on my Twitter handle: @Sugar_Iowa

Or on Facebook: https://www.facebook.com/SugarFineBakedGoodsAndConfections

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Follow me on my Twitter handle: @Sugar_Iowa

Or on Facebook: https://www.facebook.com/SugarFineBakedGoodsAndConfections

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post #5 of 17
Maybe the clients told you a low number because that what they want to pay. That's a crap ton of work for $250!
My wedding cake was bought from Walmart, and yes, I am ashamed!
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My wedding cake was bought from Walmart, and yes, I am ashamed!
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post #6 of 17
Heck, find out who offered them at $250, buy them yourself and resell them. Ok well maybe not.

My price would be $976899653568976457.
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Answers to the most often asked questions re: SPS. SPS instructions are on Page 15 of the Sticky at the top of the Cake Decorating Forum. Supplies can be ordered from Oasis Supply, Global or BakeryCrafts.
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post #7 of 17

I am going to let you in on a little secret...Clients lie.  They lie about "other quotes" from bakers in order to get you down to the price they want to pay.  It's a negotiation tactic.  No one offered to do 75 fondant covered tiffany boxes and a cake to feed 75 for $250...That is 150 servings of cake for $1.67 per serving.  You would end up losing money.

 

Mini cakes are a PAIN in the ass, they are just as labor intensive as large cakes.

 

Word of advice, don't sell yourself short just because you want the business and want to get your name out there, everyone will come running to you expecting to get dirt cheap cakes, you will get burned out and resentful.

 

The Tiffany box cake to feed 75, should cost no less than $350, ALONE, not including the 75 mini cakes.  The mini cakes alone, should be $15-$20 each...So, $1475 total, seems reasonable.


Edited by Paperfishies - 1/12/14 at 11:15pm

No his mind is not for rent, to any god or government...

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No his mind is not for rent, to any god or government...

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post #8 of 17

Yep, it is probably a big fat lie. Or they contacted someone who has no idea what they are doing, and has no idea how muhch work those monsters are.
If I were to take the order, which I would not do, I would be $2100, not a penny less.

post #9 of 17
Quote:
Originally Posted by Bakers Crush View Post

I dont know who they called for $250 but let me be the first to tell you "no way". I assume the next few people who answer this post will have a field day and so im gonna let them have at it lol.

 

 

 

Im with you . No way 250

post #10 of 17
Quote:
Originally Posted by Paperfishies View Post

I am going to let you in on a little secret...Clients lie.  They lie about "other quotes" from bakers in order to get you down to the price they want to pay.  It's a negotiation tactic.  No one offered to do 75 fondant covered tiffany boxes and a cake to feed 75 for $250...That is 150 servings of cake for $1.67 per serving.  You would end up losing money.

Mini cakes are a PAIN in the ass, they are just as labor intensive as large cakes.

Word of advice, don't sell yourself short just because you want the business and want to get your name out there, everyone will come running to you expecting to get dirt cheap cakes, you will get burned out and resentful.

The Tiffany box cake to feed 75, should cost no less than $350, ALONE, not including the 75 mini cakes.  The mini cakes alone, should be $15-$20 each...So, $1475 total, seems reasonable.

👌👌 perfectly said
post #11 of 17
Thread Starter 
Quote:
Originally Posted by BatterUpCake View Post
 

I would never ask my clients what I should charge...

I wasn't asking the client what to charge.  I asked them if they had a price expectation in mind.  I didn't agree with it and was upfront with them. I was originally thinking of charging at least $1000 for the order but when they came back with $250 I knew I couldn't do it.

Migdalia
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Migdalia
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post #12 of 17
Don't ever ask a customer what their "price expectations" are. Same as asking them what they want to pay. You can ask them their budget, and you can advise on if they are being realistic or if they are in la la land.

Liz

Follow me on my Twitter handle: @Sugar_Iowa

Or on Facebook: https://www.facebook.com/SugarFineBakedGoodsAndConfections

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Follow me on my Twitter handle: @Sugar_Iowa

Or on Facebook: https://www.facebook.com/SugarFineBakedGoodsAndConfections

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post #13 of 17

What Liz said...When you ask them what their expectations are, it sounds like you don't know what to charge and are willing to negotiate with them...Instead ask, "What is your budget?"   Then go from there, if their budget is $250, say, "well for $250 I could do something similar to this that serves XXX." then maybe show them an example.


Edited by Paperfishies - 1/13/14 at 12:59pm

No his mind is not for rent, to any god or government...

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No his mind is not for rent, to any god or government...

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post #14 of 17
Thread Starter 

Thank you so much for all the responses.  I felt bad at first for coming up with a high figure but the more I think about it the better I feel.  My time and energy is worth money too and this would have been a ridiculous amount of work.  I just get really aggravated with people who think they can get things for "free" just because I am an at home/part time baker.

 

Thanks again!  This site is amazing and all the people are so helpful!

Migdalia
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Migdalia
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post #15 of 17

They're ripping you off. And here's why:

 

Quote:

Originally Posted by mrstk06 View Post

Hi! I am an at home baker who truly enjoys baking.
 

 

STOP being the baker who "enjoys" baking.

 

Start being the baker who sees the value of her work. 

"Life itself is the proper binge." - Julia Child
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"Life itself is the proper binge." - Julia Child
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