One of the biggest obstacles in a baked goods business is pricing. I see the question “what would you charge for this?” or “how much should I charge” so many times on social media. I want to help you figure this out and I want to help you for free! To be completely honest, it really bothers me to see that people charge for this information. Think about it: if you’re asking what you should be charging, you’re probably not making what you should. With that said, you also probably haven’t made enough in profit to pay someone to tell you how to price. It just doesn’t make sense to me to charge for this information. I fully believe that information like this should be free. Starting a business is hard enough. Why should learning how to price your product cost you money? Everyone should have a fair chance at being successful! When you’re pricing correctly and making a profit you will see your income double, triple, and even quadruple in a matter of days! I can say this, because I’ve been there and I want to show you how I turned it all around!
Some of the things that we will talk about and learn are:
- Ingredient, Overhead, & Packaging Costs and how to break them down.
- What all should be included in determining your pricing.
- What services you should be charging for and how to do so.
- Contracts, Invoices, & Forms and why different ones are important.
- Marketing! I don’t mean paying social media platforms for “boosts”. I mean free marketing that you can easily do on your own and expand your client base while reaching your target clients!
For me, these are the 5 top things, but there are many more, and I’m sure you’ve got questions of your own. The best way to do this is to interact with you and let you tell me your obstacles. This way, I can hear each problem, and help you through it! If I just recorded a video it would be hours upon hours of me going through so many situations and troubleshooting them all. No one wants to sit around for that. I want to help you personally! At no time will I ever ask for you to pay for this information! I do a Live Facebook broadcast on Friday mornings in my group where we go over and talk about pricing. Anyone can join and ask your questions! Let’s learn together and support one another.