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Old 12-16-2007, 05:58 PM
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Quote:
Originally Posted by espire View Post
As for profits, decide how much you think your time was worth, and charge a low overhead until you have been compensated. After that, since it was your time and your effort, not ours, you can charge whatever you feel is right,
And remember, don't call the compensation profit. Profit doesn't occur until after all expenses have been accounted for. That include payroll (yes, you get to pay yourself) and other overhead. Given industry standard compensation for graphic artists, and the volume we're talking about, I don't think the tax gods would have any problem reconciling a non-profit balance at the prices you've specified.

For everyone else, the retail/wholesale margin in the garment industry is often over 100%. That is, something that retails for $10, will often be wholesale at less than $5. The difference between wholesale and retail is where the retailer has to make payroll, overhead, and profit. As for those who know of cheaper ways, keep in mind you are dealing with a wholesale acquisition....you gotta wrap the entire package together to determine a final price. And even then, it's better to err on the side of caution lest you be left losing money.
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