How to price your cakes for profit|Custom cake pricing|Cake pricing Tips

How do you price your cake for profit?Custom cake pricing can be tricky but in this video I give you some cake pricing tips to help you with how much to charge for your cake
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RECIPE DETAILS FOR CAKE BASED ON TESCO
Flora 515g FLORA Margarine £2.19
1KG/638g Caster sugar £1.44
1.5 KG /640g self-rising flour £0.34p
12L eggs/0.246 per unit x7 |410g broken eggs £2.72
568mls/170 ml buttermilk £0.24
473mls/2 tablespoonful vanilla extract £0.32p
A pinch of salt (optional) ****nil
Total cost £7.25
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CHOCOLATE FRENCH BUTTERCREAM
300g whole eggs £1.48
300g granulated sugar £0.33
900 unsalted butters £6.44
2 tablespoonsful pure vanilla extract £0.32p
80g Icing sugar £0.19p
100g dark chocolate £1.15
Pinch of salt*** Nil
TOTAL COST £9.91 (ONLY A THIRD OF QUANTITY WAS USED)
Price per 1/3 =£3.30
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WHITE CHOCOLATE GANACHE
700g white chocolate bars £3.15(Lidl)
300 mls Elmlea cream £1.39
Total cost £ 4.54(2 thirds of used)
Cost of quantity used =£3.02
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Fondant for covering cake.
750g Massa Ticino tropic £7.17p
248g Tesco ready to roll fondant £0.56.
Total cost 7.73
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EXTRA INGREDIENTS AND SUNDRIES
KITKAT CHUNKY|£1.49 PER PACK(Lidl)
CADBURY BUTTONS|£2.25(Lidl)
MALTEASERS POUCH|£1.49(Lidl)
FUNCAKES CANDY MELTS /100G |£1.52 (hobby craft)
OREOS COOKIES/47G |0.36p (Tesco)
LOLLIPOP POP STICKS/3 sticks| 0.26p (Hobby craft)
Ribbon /1xMetre |0.22p Amazon
Grease proof paper lining tins/49cm|£ 0.07p
Cling film /per metre |0.08p
12INCH Board +BOX | £2.50(Windsor cake craft)
CAKE CIRCLE x 1|0.30(Windsor cake craft)
Vegetable oil 30mls|0.06
TOTAL COST SUNDARIES| £10.60
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UTILITIES +Miscellaneous charged at fix price estimate.
Water Electric Gas,Glue or tape for ribbons
Colours, cleaning materials, business cost+ insurance, internet use, amazon prime
Tools, paper towels, Salt etc £9/each order for single tier ORDER
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Total cost of ingredients, utilities, sundries for 7-inch 4 layered cake standing 7 inches tall £31.90+ 9 UTILITIES
Grouping Tasks
Baking +buttercream +Ganache (including related tasks) =121 minutes (2hours and 1 minute)
Setting the cake ready for working on starting from levelling to polished ganache (including all related tasks) +124 minutes (2 hours and 4 minutes)
Fondant rolling covering polishing and fondant board (including all related tasks) + 68 minutes (1 hour 8 minutes)
Cake before decoration total 313minutes = (5 hours 13minutes)
Assumed starting price = pre decor time cost +ingredients
STARTING PRICE =£54.35+£37.60|£91.95
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Decorations
TH-cam logo template to finished work (including tidying after) + 49minutes.
Drip making and the drip in use +7 minutes.
Making cake pops x 5(only 2 used) + 19 minutes.
Drying, polishing, and attaching TH-cam letters and chocolate decorations, ribbon, and all related tasks etc+12minutes
Total time on décor elements 87 minutes (1 hour 27 minutes)
Time from bake to décor is 6 hours 40 minutes |£69.50 +£37.60
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Travel + Shopping
Tesco & Lidl +1 hour34 minutes
Hobby-craft +32 minutes
(can be reduced with organised and bulk shopping)
Other.
Prebaking, invoicing, planning and communication +1 hour.
Break time + 40minutes
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9 hours 56 minutes total time
10 minutes boxing, photos etc
Average time in washing up in all stages 20 minutes.
FIND ME
FACEBOOK
/ gladyscakeki. .
/ gladysgourme. .
INSTAGRAM
/ gladysgourm. .
WEBSITE
gladysgourmetcakes.co.uk/
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[@asugarholicslife]

I love this video and the structure of it. Super interesting and helpful for those who do a business!

[@Gladyscakekitchen]

Thanks Amy hunnie, much appreciated x

[@neelavathir3395]

Super 🎉

[@Gladyscakekitchen]

😊thanks

[@AliYousaf-hg4hp]

Very good👍😋💕🥰🥰🥰

[@Gladyscakekitchen]

Thank you 😋