Message Board: How to Determine Item Cost and Calculate Profit

Message Boards Financing Your Business How to Determine Item Cost and Calculate Profit

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    • #16962

        Hello, I recently started selling baked goods and I am VERY new at this. I have been having a difficult time trying to determine how much I should price my items and worrying if it’s too much or too little. I have read some articles online, but I think hearing from someone personally would be a lot more helpful. I have tried calculating the cost to make my items, but I only have a rough estimate and not an exact number and I am not sure if that will be a drastic change from the actual number. Any advice or tips on the finances will be super helpful!

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