Suzanne, I'm in Vancouver!
great idea girls!I live near Sarnia,(southern ontario)There are only a few around that do cakes,but I havent seen anyone that does 3D cakes,thats my niche.I usually dont do cakes under $100,unless a close friend or repeat customer.My wedding cakes start at $300,fake or more for real.It's a small community so it's tough charging what the cakes are worth,I usually tell them to check out Cake Boss or Ace of Cakes,they start at $500 for small,if not more.Unique is worth the extra money,after all your doig it for a SPECIAL occasion,the cake should be special too!As for supplies we're close to the border so I shop at Hobby lobby alot,other then that London(1 hour) or Toronto(3-4 hours)are the only places to get good stuff.
Theresa ! im so jealous ! your in Long Island ! thats where my family used to live ! (most are in conneticut now or passed away)
i love it there, i grew up in tucson and my whole family accept one set of cousins and my grandparents were in tucson, everyone else in long island. i visited ALOT when i was younger.
now i live in cleveland , and there are NO good italian bakeries to be found, the bagels are terrible, and i was really bummed when i went to little italy here and it was kind of deserted.
there arrnt any cake decorating supply stores here either ( i really miss the giant one in tucson )
so i have to get everything online
and living in tucson my whole life i knew a TON of people, now i dont know a soul in cleveland so my decorating business has come to a complete hault =-/
we may move to either salt lake or denver in a couple years, so im hoping things will be different out there.
anyways, great idea on the pricing =-)
Actually, I feel that the only DIFFERENCE in pricing anywhere would be what to charge for labor. The basic formula is going to be the same no matter where in the world you are located.
Price of Goods + Labor= Price
To get your "Price of Goods" you need to sit down and figure out HOW MUCH it costs you to make your product. There are some pricey software programs out there that will do it for you. However you still have to enter in your prices and recipes. Or you can do it the old fashioned way by keeping a "Price Book". This book will list all of your ingredients and prices per ingredients.
Pure Cane Sugar (5lb bag) $4.04 (.81 per lb)
.34 per Cup .04 per 1/2 Cup .02 per 1/4 Cup or less
Do this for every ingredient that you use. THEN sit down with your recipes and figure out how much it cost to make the recipe. Then all you have to do is determine what percentage you want to add to that cost to cover your labor.