Originally posted here by |3lack|ce
My suggestion - a not-so-quick formula that will work.

Take the cost of producing the item, including paying yourself and paying your electric bill for that *one item's* manufacture. Multiply that cost by 100. In retail this is called a "100 percent markup" and is normal. For services, price near your competition. Since you're just starting out, you'll want to charge a bit less than they do so customers will have incentive to try you.

good luck and hope that helps!

Thank you very much sir! Just to make sure i understand u clearly: You're saying that if producing/printing a photo

1. Paper cost .50 per sheet
2. Ink = .50
3. Electricity= .50

Equals= 1.5$

Then the customer will be charged 1.5$ * 100 =150$??? Or do u mean twice the cost of producing the item in this case 1.5$ * 2=3.00$?

And u never answered my question in the beginning...Why did leave the business and what business are u in now if u dont mind me asking.

Thanks again.