PRICING for PROFIT FORMULAS


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Floral Math Works is here to eliminate the stress of floral pricing and equip you with the essential calculations needed to financially  manage your floral designs and events; efficiently, automatically, accurately, and profitably.

 

The Pricing for Profit Formulas section is designed to familiarize you with the key terms and formulas that impact your pricing, costs, and profit margins—giving you the confidence to price your work with clarity and purpose.​

 

The floral industry makes use of several different formulas to determine the retail selling price of a floral product, each offering a slightly different approach—often aiming to simplify the process. The formula used by Floral Math Works is an industry standard that enables you to accurately assess the true cost structure of each floral arrangement and installation. Floral Math Works can help you track and evaluate design labor times and costs, which is essential for maintaining both profitability and efficiency in your business.

 

The pages under Pricing for Profit Formulas will explain the set of flower math and business formulas used in Floral Math Works. I would encourage you to reference these pages often, especially if you are just starting your business. The more you familiarize yourself with the formulas and key terms, the more confident you will be in your pricing and profitability.

 

Remember, Floral Math Works does all your calculations for you instantly and accurately. ​

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Once you have a subscription to the Semi-Annual Plan, you'll have access to the Markups, Design Fees and Pricing page, the Profits and Profit Margins page and the Estimated Labor Hours & Labor Costs page.

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