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Suzicakes ...

Hello everyone,
I’m from Australia, and wanting some advice on starting a cake business from home. I’m after some advice on what you all did when you first started off? I know I will need to contact local council re food laws etc. Also I will need to register a business name and get an ABN.
What I am most interested in is finding out how you price your cakes?
Do you individually cost your recipes?
Also do you have universal recipes that you just increase quantities for bigger sized cakes?

Any advice you can share would be much appreciated, as I aim to start off very slowly and have everything set in place before I even put the word out there, so as not to overwhlem myself.
Thanks ladies