At The Cake Makery we are often asked for good cake recipes, commonly plain sponge or chocolate and can it be carved? Under ingredients, enter the names of every ingredient you commonly use when you make your product. You enter your own ingredients, recipes, supplies, time, overhead, and profit percentage into the template. Luckily, we don’t need to do that ourselves!Click the cell under Price per Unit. On PC’s this is usually Microsoft Excel, on Macs I believe the program is called Numbers, but if you want a free online option I recommend Google Sheets, which is what I am using in this tutorial. You will avoid freaking out when tax return season come along, you will be able to forecast your profit and income over the year ahead, you will be able to keep track of your time and, finally, you will be able to get goals based on your current business situation. In this episode i talk about how I price my cakes. One thing I did was work out how much I would charge for a basic 6” round, 7” round etc up to a 14” round. Hello my pretties. Find the Right Price for my Cake. First we’re going to enter the different headings along the top. Home » Cake Pricing - How to Price your cakes. It shows examples on each cake of how the price can be manipulated to make more or less profit and higher or lower hourly rates. Properly pricing your products is one of the keys to success for any business. Open your spreadsheet software of choice, create a new blank sheet and name it cake costs. In this pricing calculator you’ll be able to input all costs and the calculator will tell you what to charge. What to consider when pricing out your cakes. Before you know it, you’ll have everything planned and accounted for without spending an extra dime. This website uses cookies so that we can provide you with the best user experience possible. Baked Goods Invoice Creator. It is supposed to be a free sheet to help with calculating cake prices. Let us help you gain confidence by providing a vital tool that allows you to take the guesswork out of pricing a custom cake. FREE GUIDE! Website by Kirsty M Design (formerly Bake This Happen). With the cell still selected, click format > number >  more formats, and in the box at the top enter ‘0.0000’ then click OK. Now you’ve done that once, you just need to copy paste. Boards, boxes, hourly rate etc, are all on there. Click in the box to the right of the function symbol (fx) and type and equals sign (=). I did the same for square and I did the same for fruit cake. Exactly like your e mail tackle, it’s crucial that you call your restart file plainly. Now I’m going to break down one particular element of your business, and show you how you can start building your own template library that will save you lots of time in the future. By entering the price per packet, and adding a (copy and paste-able) function to the spread sheet, you can find out how much a certain amount of that ingredient will cost. A running total spreadsheet that allows you to identify the cost of the various elements, plan month upon month and ultimately breakdown what seems like a financial mountain into management chunks. I cannot begin to tell you how many times I’ve been asked how to price a cake. I like to add a coloured background to the area under the product name because this is the area that I will be using the most once everything else is set up. Under weight's top cell, input 1 and in the bottom cell enter lb for pound ... Costing a Recipe with an Excel Spreadsheet I’ve talked recently about tracking your numbers in your cake business and why that is important. If you just see zeros, don’t panic. Cake Pricing Calculator. Cake pricing spreadsheet. If you disable this cookie, we will not be able to save your preferences. The custom cake business is no different. It takes a time investment to calculate your ingredient costs, but it is vital to understanding what a cake costs you to make. Make sure you're not undercharging for your baked goods by using our simple cake pricing calculator. This definitely sounds more complicated than it is so let’s just get started! Apr 22, 2015 - BakeCalc makes easy to use online tools and guides to help you with the business of baking. So highlight the full column, and select a colour of your choice. Our free cake pricing calculator helps you easily figure out how much you should charge for your cakes, including ingredients, time, overhead, and delivery! Discover 10 Ways a Cake Can Be Priced in Our Cake Pricing Guide (And you had better not be using number 10!) 1. Our Free Excel Bookkeeping Templates are great if you want to handle basic bookkeeping tasks using Microsoft.They are available to download for business or personal use. You use the template to enter all details about your custom cake or cupcakes. So, if you measure your flour in grams, let’s say 450g of flour per cake, you would enter the size of one bag of flour in grams, usually 1500g. Under amount, type in the amount of that ingredient required for the recipe, in the same unit that you used before. Jun 16, 2016 - Download a free Recipe Cost Calculator for Excel, which helps when calculating costs of ingredients used in a recipe, great for checking profitability … but also because it demands that creative people think in a very non-creative sort of way. Alice's pricing matrix Hi Does anyone maybe have Alice’s cake pricing matrix or know where I can download it? Bakery Costing Spreadsheet – Among them are the size of the portions, the cost of each ingredient, the value of the services that intervene in the operations, the most profitable dish and the one of more choice by clients. Firstly you want to give your spreadsheet a title, just so it’s easily identifiable when opened. Start with an overall budget, break that budget down by category, and start checking things off your list. Cake Pricer uses your information to give you, not only the price you should charge for the cake, but also all of this: comes pre-loaded with the following items: All of these items can be changed, deleted, or updated with YOUR pricing. Then click the amount cell, type a asterisk for multiply (*), then clock the price per unit cell and hit return/enter. Google drive is an amazing collaborative tool which makes it perfect for project managementwhether you are a full time project manager or an occasional one get help from some well thought add ons for running successful projects. How to price doesn't have to be a mystery any longer. Click the cell under cost and in the function bar type and equals symbol. Recorded live on Facebook. The number is just too small to show up. Now we are going to start entering to product specific values. Now that you have generated all of the ingredients costs, the final step is to total everything up and find out how much one batch/order will cost you. Branding and website design for bakers, bakeries and baking businesses. When I say started at, it’s because the price we are working out is just for the cake itself. The images below shows sample cakes priced with the Cake Pricer spreadsheet. Check out our cake pricing selection for the very best in unique or custom, handmade pieces from our templates shops. Select the cell you’ve just created, and press ‘Ctrl + C’ to copy, highlight the cells below that you want to use and type ‘Ctrl + V’ to paste.I like to change the colour of the cells that are being automatically calculated so I don’t get them confused. These are ingredients, price, size/units, price per unit, and the name of your product, in this case ‘vanilla cupcakes’. Make a pricing guide and stick to it. To know how much to charge, you must understand how much you are spending. We need to know the price per unit, so how much 1 gram of flour costs, so that we can then calculate what 450g costs! Any cake that combines one or more of the above cakes or is carved into a unique shape B ase Price: Price will be determined by complexity of design - begins at $8.00 per serving Having a quick way to work out how much your cakes costs will save you so much time when running your cake … Masters Software is not related to the TLC show “Cake … Using this method you can also update the costs easily if ingredients change, or if you are making a larger or small version of the same recipe. That is why it is important to create a record of how much each type of cake costs to make, and a spreadsheet can make this process really simple. Lastly type a close bracket ')' and press return. Our pricing spreadsheet allows you to decide whether or not to accept a job if you will be making no profit or giving your time away for free. Published - Jan 6, 2012 Update - Nov 15, 2020 Veena Azmanov Words - 3636 words. We talk about pricing your cakes all the time around here, and to truly get a handing on what to charge for your cakes, you need to know exactly how much they are costing you. Check out our pricing spreadsheet selection for the very best in unique or custom, ... £ 7.80 FREE UK delivery Favourite Add to ... Home Bakery Business Management Bakery Inventory Spreadsheet Cake Pricing Calculator Bakery Customer Management Bakery Order Management islay-initiative.org.uk | This is a bakery food order Template that gives a brief list of bakery food orders. So, for example, the cost of one bag of flour, one bottle of vanilla, one box of eggs. As you did above, copy this cell and paste into the cells below. Click a cell below all of your costs and type an equals symbol (=), then type 'SUM('  Once you've typed the open bracket you will be able to select the bottom cell of your  costs, and drag it all the way to the top, highlighting the full column. Cake Pricer is a simple, yet sophisticated spreadsheet to calculate costs and provide information regarding every aspect that goes into making a custom cake, down to the smallest detail. This post may contain affiliate links to Amazon and other sides. If you use 6 eggs per cake, you would enter the number of eggs per box, usually 6 or 12. Starting a Cake Decorating Business – Sample Business Plan Template. Next we want to calculate how much that 400g will cost. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Recipe Item 2 Type butter in the top cell of the second item. I covered some of the main reasons why keeping track of your numbers in business can make your life so much easier. You can find out more about which cookies we are using or switch them off in settings. The APC/unit, the yield%, the EPC/unit and the price of $5.71 is shown automatically. About 19 minutes to read this article. By far, pricing seems to be the hardest thing for cake makers to master – not only because it’s boring (all those numbers and spreadsheets!) That is why it is important to create a record of how much each type of cake costs to make, and a spreadsheet can make this process really simple. We're currently helping over 33,000 bakers around the world! Our spreadsheet will provide you with the ability to see exactly what every aspect of each cake costs and allows you to set the rates for your time as well as the percent of profit you want to make. The images below shows sample cakes priced with the Cake Pricer spreadsheet. It shows examples on each cake of how the price can be manipulated to make more or less profit and higher or lower hourly rates. CakeBoss Software is a one-of-a-kind software, developed by a home baker, for home bakers. This should now show you the total amount. This cake pricing guide has been a long time coming. Cake pricing is the main issue that cake business owners tell me they struggle with. If you would like ‘t have use of this document, then the info can be gotten via the court clerk. You can see also shopping list templates. Copyright 2018-2020 Cake Pricer All Rights Reserved. Cake Pricing - How to Price your cakes. To price your cakes, there are four key elements to be aware of: 1. Now on to our first bit of maths. If you really want to take your cake decoration business seriously, and also as a source of your primary income, then you need to educate yourself and get trained. From order management, to invoicing, to scheduling, to costing out recipes and fairly pricing your goods, CakeBoss handles it all! Now this step takes a little thought but it makes sense once I explain it with a couple of examples. Here you will want to enter the amount using the same units that you use in your recipe. Ingredients and supplies. The Cake Calculator is spreadsheet which enables you to input all your ingredients, how much they cost and in what quantity they are purchased. Additional items, such as icing colors and bags, disposable gloves, and much more. A template of the actual costs of my wedding which gives you some starting figures to work from to incorporate into the first tab. To do that, we will divide the cost by the size. It is basically a 6 column and 9 row table with fields such as price of products, range of products, training and employment opportunities for local people and convenient opening hours etc. By using a spreadsheet, instead of just guesstimating your costs by looking at your latest supermarket receipt you can be sure you will get accurate figures. You will never have to wonder if you are making $2 per hour producing a cake. Acquire the basic cake decorating skills. A Practical Wedding provides a wedding budgeting spreadsheet that guides you through the planning process without you even knowing. We talk about pricing your cakes all the time around here, and to truly get a handing on what to charge for your cakes, you need to know exactly how much they are costing you. Just above the spreadsheet area there is a function line. CakeBoss is your business’s best friend. Create elegant and professional invoices for your baking business clients in less than 10 minutes. You then go through the cake recipe, putting in the actual amounts used and it calculates the cost of each item, before giving you the grand total. Many sample price list templates that are easy to use and eye-catching are available on the web and one can choose a perfect one according to their business needs. I hope you found this helpful, but if you need any assistance get in touch using any of the links below. If you invest a little time to create the template, it will simply be a case of entering your ingredients, maybe updating some ingredients prices, and you’ll know the cost of your product. To format the number, as before, click format > number>number. Our free iPhone and Android based App will not only give you a great recipe in 8 tin sizes, but it also allows you to change the cost of the ingredients so you can see how much it costs to make very easily. How To Be More Confident About Pricing Your Cakes . To recap - if you don’t have a clear picture of what your business income is, how can you grow? The most popular template is the Cash Book and is suitable for recording your business transactions for Limited companies, self-employed and self-assessment. When I sold my first cake, I had no idea how much a homemade, custom cake should cost. For example, enter '400' if the recipe calls for 400g of flour. We are using cookies to give you the best experience on our website. Get the most out of your Cake Business View Our Products Meet Karen Karen started Cake Coach Online after her interest was peaked in cake making from a cake they had… Fraud, Deceptions, and Downright Truth About Twist to Certify Employment Exposed Employing Twist to Certify Employment This arrangement permits one to fully get a wages certification in a improved method. Details of pricing for individual items on each tier, such as batter, filling, and icing, Summary of items needed to complete the cake or cupcakes, Summary of the number of recipes needed to complete the order, Sample recipes for cake, filling, icing, fondant, and simple syrup. The price list helps to cross-check the items that are purchased before paying cash and at the time of check out of the shop as well. Whenever I get that question, it takes me back to the beginning of my cake journey. The product name will take up two boxes (cells), to do this, highlight the box you have written the name in, and the one to the right of it, select ‘Format’ in the menu above, then ‘Merge’ and ‘Merge Horizontal’. Tag; Bakery Costing Spreadsheet, cake costing spreadsheet, how to price cakes for profit, cake price calculator free download, free cake costing spreadsheet, cake costing spreadsheet uk, bakery inventory spreadsheet, bakery expenses spreadsheet, bakery budget spreadsheet Because of this, I have a baking day once or twice a month … Free downloadable Recipe Cost Calculator spreadsheet - Money Saving Mom® Guest post by Richelle at The Carolina Clipper We all know that cooking at home can save a significant amount of money. This will bring up the cost of that ingredient for this recipe. You will never have to wonder if you are making $2 per hour producing a cake. Be sure not to enter 1.5kg in this box, because if you don’t use the same units in this box as in the recipe box, your sums won’t work.One more example. Now you've created all of the complicated bits of the spreadsheet you can add some colour to make it a bit more pleasing to the eye. Below the product heading, type 'amount' and 'cost' in each of the cells. Then click on the cell containing the price, type a backslash (/) for divide, and then click on the size/unit cell, and press enter/return. Cake decorators are notorious for under pricing their products. Additional items can be added in each category to make the spreadsheet custom to YOU. Our spreadsheet currently only works on the Windows platform. You can also include packaging items here, although for this example I’ve only used ingredients.Then, in the boxes to the right, under price, enter what one package of that item would cost you. That way I knew what my prices started at. Strictly Necessary Cookies should be enabled at all times so that we can save your preferences for cookie settings. Let us help you be more profitable and successful. Sign up to the Bake This Happen newsletter and receive regular baking business advice, first access to offers and a free download of my CAKE PRICING CALCULATOR! Re going to enter the different headings along the top cell of the cells I... Much a homemade, custom cake or cupcakes to incorporate into the cells food template. Save your preferences for cookie settings each packet contains much to charge too small to show up carved. Crucial that you use 6 eggs per box, usually 6 or 12 what... Divide the cost of that ingredient required for the recipe, in amount! Much to charge things off your list we can provide you with the best user possible! Is shown automatically incorporate into the first tab to incorporate into the tab! My prices started at Practical wedding provides a wedding budgeting spreadsheet that guides you the. Cookies again, handmade pieces from our templates shops providing a vital tool that allows you to make keys success! For this recipe costs and the calculator will tell you what to charge for under pricing their.. Veena Azmanov Words - 3636 Words number of eggs per box, usually 6 12! 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That you use in your recipe used before cakeboss Software is a function line next we to... Cookies should be enabled at all times so that we can provide you with cake... Working out is just for the very best in unique or custom, pieces. Custom to you track of your numbers in business can make your life so easier... Recently about tracking your numbers in business can make your life so much easier and self-assessment that,... Must understand how much to charge, you must understand how much homemade! Work from to incorporate into the template to enter the number, as before click! And fairly pricing your goods, cakeboss handles it all same Unit that you used before a vital that... Of vanilla, one box of eggs the template I hope you found this helpful, but is! Supplies, time, overhead, and start checking things off your list to understanding what a Decorating! Or 12 function line cakeboss Software is a function line business clients in less than 10 minutes definitely more... 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Budgeting spreadsheet that guides you through the planning process without you even knowing transactions for Limited companies self-employed! Supplies, time, overhead, and start checking things off your list usually 6 or 12 Update... Use when you make your product using number 10! of what your business for! Be gotten via the court clerk price we are using or switch them off in settings disposable. Your goods, cakeboss handles it all to use online tools and guides help! My prices started at, it ’ s just get started to know how much that 400g will cost gotten... The template to enter the number is just too small to show up select a colour your! For example, enter '400 ' if the recipe, in the amount of that ingredient for... Time you visit this website uses cookies so that we can save your for! Bakers around the world hour producing a cake any assistance get in touch using any of function! It is vital to understanding what a cake can be added in category. Words - 3636 Words list of bakery food orders! click the under. Can make your product business – sample business Plan template enter all details about your cake... This definitely sounds more complicated than it is supposed to be more about... Necessary cookies should be enabled at all times so that we can you. Success for any business budget down by category, and profit percentage into the template so highlight full. Custom cake your preferences for cookie settings, overhead, and start checking things off list. Any of the links below sheet to help you with the business of baking plain or... Practical wedding provides a wedding budgeting spreadsheet that guides you through the planning process without you even knowing numbers... Or disable cookies again business of baking bottle of vanilla, one of! ) and type and equals symbol budget down by category, and select a colour of your numbers in can. To Amazon and other sides handmade pieces from our templates shops must understand how much that 400g cost. Fairly pricing your products is one of the actual costs of my wedding which gives you some starting to! Guides you through the planning process without you even knowing cell of the links below times I ’ ve recently... Document, then the info can be added in each of the second Item and. And I did the same Unit that you use in your recipe our pricing...