This is an Excel spreadsheet with the following capabilities:
☆ Track the cost of materials used in the production and packaging of your handmade products. Calculate total unit costs, including other ‘hidden’ or indirect costs (e.g., labor, shipping).
☆ 2 methods to calculate final sales price:
a) Automatically calculates your final sales price based on the profit margin %.
b) Automatically calculates your profit if you have a planned sales price.
☆ Incorporate discounts and taxes: Takes your discount percentage and sales tax percentage into consideration when calculating your final sales price.
☆ Comprehensive pricing overview: Track the prices of all your handmade products in one worksheet. Monitor competitors' prices while setting your pricing strategy.