Monday, February 25, 2013

Price Your Wood Projects

Dispose a true payment based on the materials and labour you lay into your wood Art projects.


You get gotten good-looking deluxe at manufacture wood crafts and your friends and neighbours carry asking you approximately buying them. Provided you carry not formerly sold a Art, you may be a bit shy approximately telling them a worth. Having a systematic money of calculating prices, which takes into history expenses and labour, Testament assure that you are charging quite, giving you the confidence to ante up affected buyers a fee.


Instructions


1. Add up the info expenses involved in making the craft. Add the total material expenses and the total wage based on hours. Round the calculated amount to the nearest even number to determine your selling price.


Calculate the number of hours you spent working on the craft. If you do not have this documented, approximate the amount. Determine an hourly wage for yourself. When you are first starting to sell your work, start with a low hourly wage that is not more than $15. As your sales increase and your projects gain popularity, gradually increase your hourly wage. Keep an eye on what other craftspeople at your level are charging and do not over- or under-price your work. Multiply the number of hours by the hourly wage.


3. Look back at your receipts to see how much you paid for wood, glue, nails, screws, stain, paint and other accessories. If you bought a bulk amount of something and only used a portion for the project, determine the unit price of the fraction of the whole that you used. For emerging craftspeople, it is fully acceptable to approximate.2.