Heyplease help me out in this personal business relatedquestion!(wholesale)
Take in consideration prior to this question I have donebenchmarking in prices.
Ok so im selling this product that happily costs me to produceabout $5 each piece and Iâm selling it for $8 each piece to storesin which I do free delivery too since I deliver only here in thestate area. I make delivery amounts of $350, $500, and even $850daily with some of them paying net30 and others instantly...
But is very stressful to make this as I also pay my only 3workers individual $400 a week for 10 hrs each day but hence theydo indeed produce me about 400 pieces a day.
My question is;
1)Am i selling it to cheap?
2)Should I Eliminate a factor : Free deliver?
Net 30 days?
To much employers?
3)Never make them by a amount of $500 or less?
Because customers want more and more as they keep calling mebut then again I donât know if Iâm making enough profit for my$2000 a month expenses as I feel I should be making more money eventhough Is carrying me for a living as of now.