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May 12, 2010 - 8:54am
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Questions about a business opportunity

I have a business opportunity that I have a few questions that I hope people can help with.  This new business wants to hire me as a baker and use my personal formulas.  I have a feeling that they are going to compensate me too little, but I need more information.  


 


They are currently offering $9 an hour plus a 2-3% incentive pay (bonus) from each bakery sale with a "promise" of a partnership in future opportunities.  They are not offering any compensation for my personal formulas.  I have a few questions (our location is Morgantown, WV):


 


1.  What is the starting salary of a head baker?  Does this depend on whether it is a bakery versus a specialty shop that makes bread (that's what this would be)?


2.  What is the standard markup over total cost for a loaf of artisan bread?  (Sourdough, ciabatta, etc)


3.  What would a bakery pay for a quality formula for an artisan bread?


4.  Any advice for a counter-offer?


 


Thanks for the input in advance!!


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