Hi Luvvie.
Was reading a post on this site about pricing cakes but can’t find it again…from a professional cake maker. Basically it was:-
total cost of materials (ingredients, boards,ribbons etc etc) plus
your hourly rate (she charged £20 – £30 per hour !!!) you’ll have to estimate plus
£15 – £20 utilities (gas/electric, lighting etc) plus
30% of the above total to cover costs of buying tools and sundry kit
This, in her example worked out to over £800 for a four tier wedding cake with just a couple of large flowers on it and a small star wars scenario round the back of the cake. It was very nice but sounded quite expensive for what it was but somebody paid for it without question.
Her overriding message was don’t sell yourself short or be swayed by comments like “it’s just a cake”. It is in fact a centre-piece for the whole wedding day and people are prepared to pay for that fact.
Hope this helps and good luck with the business.
P.S. a cutting cake is exactly what you said…..don’t forget to include it in your pricing (obvs).