Is it possible to make a good profit from home made candy? Without a doubt a very good profit is possible. The most important thing is to keep your input costs as low as possible. The most important input costs are the following:
1. Cost of ingredients
2. Packing
3. Labor cost (only if you employ staff)
4. Transport cost
5. Advertising
1. Cost of ingredients
2. Packing
3. Labor cost (only if you employ staff)
4. Transport cost
5. Advertising
6. Gas/ electricity
Ingredients represent the highest input cost. To keep the cost of ingredients as low as possible, you should choose the right recipe. The aim should be to find a recipe that uses low cost ingredients without compromising quality and taste. I have tested many recipes before I got the right ones and I have had great success with candies such as Peanut Brittle, Turkish Delight and Fudge. A profit of 100% or more is quite possible and in the table below is an example of my profit on Fudge.
Ingredients represent the highest input cost. To keep the cost of ingredients as low as possible, you should choose the right recipe. The aim should be to find a recipe that uses low cost ingredients without compromising quality and taste. I have tested many recipes before I got the right ones and I have had great success with candies such as Peanut Brittle, Turkish Delight and Fudge. A profit of 100% or more is quite possible and in the table below is an example of my profit on Fudge.
Estimated costing, mark-up & suggested selling price
Fudge: | ||
Cost of ingredients | R 25.08 | |
Electricity | R 1.00 | |
Packing | R 0.11 | |
Total cost | R 26.19 | |
No of units produced | 48 | |
Units/pack | 4 | |
No of packs | 12 | |
Cost/pack | R 2.18 | |
Mark-up | 2.82 | |
Selling price/pack | R 5.00 | |
Profit/pack | 114.67% |
If you want to start a profitable home candy business, you will find all the money maker recipes and other useful information in Baking For Profit.
No comments:
Post a Comment