Cost of flowers + hard goods x labor = hopefully, you correctly calculated it, so you will maximize your earnings! If we know the floral community, we can safely say you did not get into creating beautiful designs to do hours of math. So, why are you still? While these methods have proved efficient, that no longer rings true. Welcome to the age of Details Flowers Software.
Details Flowers Software will save you time and give you the power to put that calculator away! Not only will your flower contracts look beautiful, but your client will be signing off on a price reflecting the earnings you deserve. Continue reading to see what areas will get the most money back into your pocket.
So, if the cost to make a small bouquet is $50, you multiply that by 3 for a 300% markup, right? Unfortunately, you are only gaining a 200% markup on that. Now, with Details Flowers, We add that 300% markup on top of your cost. By that small miscalculation, your business potentially lost $50. Over time, that is going to add up to some serious loss. Details Flowers gives you categories set with markups at industry standards. Of course, this can be adjusted to fit your business needs, but we recommend leaving them so you can start to see an increase in profits!
Details adds the markup automatically when you build your arrangements! You can add in varieties of blooms and change quantities. No matter your edits, the final price is automatically calculated with the markup! Easy? You bet.
With Details Flowers Software, we give you the option of adding a flat labor percentage to the total bill, or you can add services to the worksheet, such as a design fee. Details Flowers makes it simple to customize the software for your floral business. So whether you want to set a general percentage or to itemize fees, you can!
While you may have some clients who still wish to pay with cash or check, there is no doubt those payment methods will become obsolete as time passes. Most of your clients are likely paying with a credit card, but are you charging them an additional percentage to ensure you're not paying for that out of your pocket? If you are a business that obtains most payments by credit card, Details Flowers makes it easy to account for the merchant fees. The fee varies per credit card, but the average is around 2-3%. If you're not passing that on to your client, that is 2-3% of your potential profit you won't see! While it may not seem like much initially, it will add up. You can easily add that merchant fee to the total cost of the event, as well as a charge for the time it takes to send emails, meet with your client, or perform various administrative tasks. We introduce you to our Admin Fee feature!
Considering these areas at the start will set your business up for success and propel you into new profit possibilities! The best part is the calculator needed. You've worked hard to get your name out there and grow your business. Now, let Details Flowers work hard for you so you can enjoy the fruits of your labor and get back to doing what you love most; start a free-day trial today!