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Extra Income Through
Chocolate Making - Part VII
Setting Prices

By Bob Sherman

Welcome to part seven of this series. In this segment I will discuss various pricing strategies for your chocolate business. In part six of this series I discussed how to determine your production cost to make each chocolate, here we will use that information to make intelligent decisions about selling price.

Other Costs
One thing many crafters turned pro seem to forget is that there are other costs involved with selling your products than materials and labor to make them. Since this series is aimed at part time businesses, I'll omit the obvious stuff like storefront rent, business phone, etc... But even part time at home you may have other costs such as printing (cards, invoices, brochures, etc...), fuel (gas, electricity, oil, propane, etc...), and other labor involved such as phone calls, delivery, selling time, and so forth.

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Disclaimer: The information presented here is accurate to the best of my knowledge and common chocolate making practices as of the time of this writing - June 2009. The author and the publisher accept no liability for the use or misuse of any of the information presented in this article. This article is presented for informational purposes and is used at your own risk.

Author: Bob Sherman

Publisher: Bobby's Craft Boutique Inc.

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