Im opening a bakery at 15. Just one in my local library. How much should i charge for each pastry. Read Below.?
I will list every thing im selling below this but for now i want to talk about it. Im trying to raise money to go to NYC in June and im starting to save now so that i have time to get the money, but the problem is that it costs about 3,500 dollars and i need to sell a lot . If u could help me by telling me how to organize a schedule for this or just how to organize a bakery i would be very glad. So if u could let me know... thanks.., Maria.................... Now here will be a list of pasterie
-Slice of Cake
-Slice of Pie
-Hot Cocoa (small, medium, and large)
-Hot or Iced Tea (small, medium, and large)
-Coffee (small, medium, and large)
-Lemonade (small, medium, and large)
-Pop (small, medium and large)
if u have any other suggestions of what else i might be able to sell even if its not food wise please tell me in the comments.. Thanks!
The first thing you need to do is figure out how much the ingredients you need will cost so you don't end up with no profit margin. Then you need to figure out how long it takes you to make the product and add on a little more for the electricity or gas you used to bake them.
Your time and work is valuable include it in the cost analysis.
Once you have that figured out increase the cost of the baked goods so you have a profit margin.
As the cost of the electricity or gas is hard to calculate the simple way would be figure out the ingredients cost and multiply it by 1.5 or 2 for the selling price to cover the rest. You don't want to make the cost too high or you won't sell your product.
I wouldn't know how much, but I can say the ones that take longer to make need to be a little more expensive than the ones that don't. Also, you don't want to set the prices so high people will scoff at how ridiculous they cost and won't buy anything, tough at the same time, you don't want it so cheap that you won't be able to pay the bills.by 'Lyssa - 11 months ago