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Pricing candles involves determining a fair and profitable price for your handmade or manufactured candles. Here's a concise guide to help you price your candles effectively: 1. Calculate Your Costs Material Costs: Include wax, wicks, containers, fragrances, dyes, CLP labels and logos and packaging. Labour Costs: Estimate the time it takes to make each candle and assign an hourly rate for your work (e.g., £10/hour). Overhead Costs: Account for indirect costs like electricity, equipment, and workspace rental. Example: Materials per candle: £2.50 Labour per candle: £1.67 (10 minutes at £10/hour) Overhead per candle: £0.83 Total Cost Per Candle = £5...