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Here's an exersize for you--
Next time you bake a cake take note of how much you spend out of pocket for ingredients, add a little for your electricity, etc and then really look at your time. Make sure your price pays fairly for your time.
How much per hour do you deserve to be paid? Would you EVER take a job making $2-3 per hour? People aren't paying for ingredients, they are paying for the workmanship and your time and talent are worth it. In the end if someone wants a grocery store cake price they need to go to the grocery store to get it. Don't feel bad about that.
FYI - Here are my base prices
2-layer 10" round, 8" square - $35
2-layer 12" round - $50
Single layer 9x13 - $35
Additional for fondant, additional layers, gumpaste, intricate work, etc.
thanks this is realy helpful
Just finished a very hectic week and mad $0 zip zilch.... but was able to make 3 people very happy so it was worth every hour of work. The first was a sweet 16 cake for a friend who is also a photographer and she was the back up photographer for our daughter's wedding last summer and would not take a dime for her time. I paid their accomodations and meals but neither of them would take anything for their services so this cake was a thank you to her. And the second was a Western Themed wedding cake with a hillbilly hot tub on the top... another I love you cake... for a coworker who just got married. Just my wedding gift to them. What did I get out of it... much gratification knowing that I made each of their days very special!
Next up... my daughter's 30th birthday cake... and Easter Cake and..... then a break till wedding season begins.
I devised a price grid years ago. I do adjust as needed for inflation, but the basic formula remains the same. I have attached the file. The price includes all decor elements with the exception of a cake topper unless it is gumpaste flowers that I make, and are part of the design, and all disposable items.
Anybody sell cake balls? May I ask what you might charge per dozen for cake balls? I've started making them with my left over cake parts & they are big hit, so I thought I might start offering them for sale, just not sure what to do for pricing. I figured up the cost of ingredients on them, just a simple cake & homemade buttercream & dipping choc & then timed 3 & come up with about $12-15 a dozen, not sure if that sound reasonable or high