There is no perfect formula for pricing. What works for one person might not work for another. The formula presented today is in standard use and even if you don’t end up using this method exactly, figuring out your prices this way will give you a baseline from which to start. Here is a basic pricing formula: Materials + Labor + Overhead + Profit = Wholesale Price Wholesale Price x 2 = Retail Price To have a complete understanding of … Continue reading Pricing – The Formula