Professional Online Herbalist Training
May 22, 2020
Muzie H says
June 23, 2020 at 10:18 am
Now it is getting challenging, the real deal breaker.
Reality hits me, it not going to be easy, but hey am i going to have fun?, definitely.
Marietjie Van der Walt says
June 11, 2020 at 12:15 am
I am already using a spreadsheets to keep up to date with the costs on the rusks and aroma products I sell. Will also do it with the herbs.
Deziree Taylor says
June 6, 2020 at 12:16 am
What is cost-plus model?
Maybe I know this by another name. I am guessing it is –
calculate all costs including components, ingredients, packaging, labels, overheads such as electricity etc
Then add on the amount of profit you want to make or what your customers will be willing to pay???
June 6, 2020 at 8:26 am
You are spot-on Deziree. In the cost-plus model, we use those costs we can directly allocate to the product = cost of goods. Indirect costs like electricity, wages, or rent/property taxes are included in a fixed percentage overheads (your best thumbsuck) + profit. The key is to keep it as simple as possible. Don’t get bogged down in details in the early stages. It mostly leads to analysis paralysis.
June 5, 2020 at 5:32 pm
a lot of useful tips!
Relebohile Zwane says
May 24, 2020 at 4:03 am
It was good information session and was an encouragement to me.
You must be logged in to post a comment.
This site uses Akismet to reduce spam. Learn how your comment data is processed.
+27 82 416 7145