I've been working on reducing my cost per bar in anticipation of selling in the next year. My cost of materials has been $1.30-1.50 per bar as a hobbyist picking oils up at the grocery store. Pricing things in larger quantities from suppliers, I've got that down to about $.75-.95 with 7# bottles for most items. I know I could reduce it more with 40-50# containers, but that just isn't feasible starting out from my point of view.
I'm wondering how this cost compares to others, and also if my perspective on larger quantities is incorrect. My main reasons for thinking it might not be feasible are storage and cost-return. I could make room to store large containers, just would probably be in the garage. For cost-return, its a good sized chunk of change to put out for a beginning business with no idea when I would see a return. Also there is then the worry of wasting oils that aren't used quickly enough.
I'd appreciate any input y'all can provide!
I'm wondering how this cost compares to others, and also if my perspective on larger quantities is incorrect. My main reasons for thinking it might not be feasible are storage and cost-return. I could make room to store large containers, just would probably be in the garage. For cost-return, its a good sized chunk of change to put out for a beginning business with no idea when I would see a return. Also there is then the worry of wasting oils that aren't used quickly enough.
I'd appreciate any input y'all can provide!