A question for you pros out there who charge what your work is worth.
Do you find that you can maintain a customer base that will foot the bill for high margin commisions fairly easily, or do you really have to walk the fine line on the ragged edge of profitability to keep orders coming in?
I’m getting ready go semi-pro, and I’m stressing over what margin to figure into my products. I have another business, and I know how to work it (sometimes), but 400-500 customers per day is a whole different thing then the 1 or 2 I’m aiming for per month with the wood working. I know my product is unique, high quality, and desirable, so I think it is marketable, but I am limited on the production. With those parameters, what profit margin would you guys use? Thanks for the input,