Missjulesdid
Well-Known Member
Hello all,
I need your help. While I am enjoing all the fun part of starting up a business (experimenting with new recipies, flavors, lables, etc) I'm floundering a bit in on the business side. I believe in a diversified approach to selling (party, shows, retail, and internet) and I need to calculate projected profit by market channel... The missing component is that I have absolutely no idea what the standard retail markup is! I'm looking to get my products into small mercantiles and flower shops. What % markup do they usually charge?
Thanks so much!
I need your help. While I am enjoing all the fun part of starting up a business (experimenting with new recipies, flavors, lables, etc) I'm floundering a bit in on the business side. I believe in a diversified approach to selling (party, shows, retail, and internet) and I need to calculate projected profit by market channel... The missing component is that I have absolutely no idea what the standard retail markup is! I'm looking to get my products into small mercantiles and flower shops. What % markup do they usually charge?
Thanks so much!