How Do You Figure Out How Much To Charge For Baking?
To figure out how much to charge for baking, first, calculate the cost of the ingredients and supplies used for the recipe. Then, determine the amount of time spent on the baking process and calculate the hourly rate. Add the cost of ingredients/supplies and hourly rate to determine the total cost of baking. Finally, add a markup percentage (usually around 30-50%) to the total cost to determine the final selling price. It’s important to also research market prices and adjust accordingly to remain competitive.