Comments on: Food Product Cost & Pricing Calculator http://smallfoodbiz.com/2013/02/13/food-product-cost-pricing-calculator/ for those who dream big about starting small food businesses Tue, 18 Jun 2013 15:38:33 +0000 hourly 1 http://wordpress.com/ By: smallfoodbiz http://smallfoodbiz.com/2013/02/13/food-product-cost-pricing-calculator/#comment-3943 Sat, 16 Feb 2013 15:51:37 +0000 http://smallfoodbiz.com/?p=3261#comment-3943 Ellen,

Thanks for pointing that out. The spreadsheet itself is correct but I posted the wrong screenshot (lesson learned about not simply titling things ‘screenshot1′, ‘screenshot2′, etc!). Thanks for letting me know the screenshot was wrong. It’s been updated now.

]]> By: Ellen http://smallfoodbiz.com/2013/02/13/food-product-cost-pricing-calculator/#comment-3935 Fri, 15 Feb 2013 15:38:20 +0000 http://smallfoodbiz.com/?p=3261#comment-3935 Just a note – the distributor price of 5.23 would provide a 30 cent margin, but not a 30% margin, when the distributor sells it to a retailer for 5.53. I think there may be a math error.

]]> By: smallfoodbiz http://smallfoodbiz.com/2013/02/13/food-product-cost-pricing-calculator/#comment-3924 Thu, 14 Feb 2013 16:08:49 +0000 http://smallfoodbiz.com/?p=3261#comment-3924 I don’t disagree at all. Like a good recipe, running a successful small business relies on numerous ingredients. That being said, one of the biggest things I run into time and time again when working with entrepreneurs is that they don’t know their product costs and simply price their products based on what they ‘think’ a consumer may pay. That’s a dangerous strategy especially if it turns out it’s costing you more to make each product than you’re charging (which I’ve seen happen!).

]]> By: padmanabhan2654 http://smallfoodbiz.com/2013/02/13/food-product-cost-pricing-calculator/#comment-3920 Thu, 14 Feb 2013 11:50:44 +0000 http://smallfoodbiz.com/?p=3261#comment-3920 Reblogged this on Some thoughts and commented:
Not only pricing, but also the avenues for marketing are essential. The marketing strategy adopted, the quality of food supplied, feedback from customers, and various ways of improving the sales are all essential for Small Food Business to survive. If any one of the various factors mentioned flops, the survival of the business is in danger.

]]> By: Zoe Bartlett http://smallfoodbiz.com/2013/02/13/food-product-cost-pricing-calculator/#comment-3918 Wed, 13 Feb 2013 16:48:53 +0000 http://smallfoodbiz.com/?p=3261#comment-3918 This is the ‘golden ticket’ for every person in the food business. If you are not currently making decisions based on the costs (and commodities change throughout the year), this is a must have item. Thank you Small Food Biz, for making this valuable tool available to all.

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