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Reply by Rick M.

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Posted on Pricing Your Work

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Rick M.

5306 posts in 1320 days


#1 posted 04-28-2012 08:02 AM

When you’re talking manufacturing (as opposed to custom work), pricing your work is working backwards. Determine the market value of your work before building it then figure out if you can build it profitably. You can buy laminated particle board stands retail for less than $50. Cheap hardwood stands for less than $100 retail. My guess, if the shop owner is interested, he will want them for about 50% of retail so you’ll have to find the retail value then work backwards to see if you can make money.

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