The Bakery Business Guide: Pricing for Profit
An insightful guide about pricing baked goods sustainably - including recipe cost, confidence, formula, and strategy.
The Bakery Business Guide: Pricing for Profit udemy course
An insightful guide about pricing baked goods sustainably - including recipe cost, confidence, formula, and strategy.
It is common for bakers to undersell themselves when it comes to pricing their products, either out of uncertainty or fear.
If you do anything to help your business thrive, making sure the numbers are correct and you are charging a price that will make it possible to continue baking for your community is very important.
If you are a person who would like to sell their baked goods and generate real profit from your sales, you must learn about how pricing works and how to apply it to your business.
This course will utilize special formulas to help you determine the perfect price point to:
Cover your true costs AND pay yourself
Stay competitive in your industry while making a profit
Allow your business to have growth built right into the pricing
We will go over various steps needed to get yourself to a price point that is right for your unique business.
Steps include:
Pricing out your materials in a recipe correctly
Pricing out other costs like overhead and depreciation
Determining how and to what amount you want to profit from your sales
Inputting data into a chart to generate your base costs for a product
Creating an easy-to-use pricing chart so you can quote orders quickly, even if they are custom
