The financial success of the company ultimately depends on how correctly you calculate the wholesale selling price of your products. It is important not to overestimate, but also not to underestimate the cost. This is one of the most difficult tasks, because it is your calculations that will determine the volume of sales of goods and the profit received.
Instructions
Step 1
First, decide on the goal of your enterprise for the near future. You may want to sell more and increase your profits by selling more products. In this case, you need to slightly lower the price of each unit of the product. The second goal is to maximize profit. It assumes the maximum price level.
Step 2
Study the demand for your product. If your product is not in the category of prestigious luxury goods, then use the rule - the lower the price, the higher the demand. The upper level of the price depends on the demand. It is also necessary to find out the cost of a similar product from competitors.
Step 3
Calculate production costs. The minimum level of the price of the goods directly depends on them. When calculating costs, do not forget about the costs of materials, utilities - water, light. Also consider the wear and tear of your equipment, workers' wages. If you work officially, add your tax fees here.
Step 4
In general, the wholesale selling price includes production costs + profit of the enterprise + the amount of excise tax on excisable goods - such as alcoholic beverages, cigarettes, cars + VAT.
