If your goal is to price your syrup based on your overhead (cost of materials and value of labor) you're going to find that the larger market forces at play will make that very difficult. The market price of syrup is based on supply and demand, not your individual costs. If nearby producers can make syrup more efficiently than you, they can keep their prices down. Consumers will prefer your competitor's lower priced syrup to yours unless there is a way you can differentiate your product from something produced at a larger farm (or corporation). I would focus on what makes your product special, and then price accordingly while keeping an eye on maximizing sales.
Last edited by ecolbeck; 02-28-2022 at 05:03 AM.
Reason: spelling!!!
60ish taps on buckets
D&G Sportsman 18x63
Turbo RB15 RO Bucket