How to Determine Catering Prices
Many new caterers have unanswered
questions about how much to charge for catering services. Properly estimating how much to charge for catering
services essential to your business success, too low and you will not make enough profit to stay in business,
too high and you will not get any clients because your services will be overpriced compared to your
competitors. You want to set your catering services prices so that you are well compensated for your time but
you do not want the price to be too high for the quality your client is receiving and the current market
values. The key to setting correct and competitive prices for catering services is to consider everything.
When billing your client you can use your actual catering costs or separately itemize a catering service
charge on the catering invoice or catering receipt.
• First, you will need to research the competition in your local area, this includes
other local catering business and restaurants within a certain mile radius.
• Second, you are going to need to meticulously calculate the actual cost it takes
you to make each dish including the cost of food and spices.
• Next, calculate the cost of all catering related expenses that went into creating
that dish. Here is an example of some things to consider; catering supplies, business expenses and underlying
• In addition, you will need to estimate the amount of profit you want to make
including the least possible amount you will accept for your time and expense to create each dish.
• Finally, after all things are considered and calculated, you can set your
The Catering Business Guide includes complete step by step directions for properly calculating the actual cost it takes
to make each dish, what expenses you need to factor into catering costs and the standard recommended charge for
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