In the manufacturing and production business, the pricing and inventory of most companies would normally be the main points for consideration. Some would love to give a hefty price to be able to earn profits, but then again, in the world of friendly business competition, this is not entirely feasible.

Factors included in the pricing of any product or service include:

1. Raw Materials
2. Depreciation of Equipment Used
3. Labor
4. Packaging
5. Licensing

These are the main factors to consider first before placing a mark-up, usually somewhere between 20 to 25% on the average. Then there is the suggested retail price of which provides allowance for discounts, something that most retailers and end-buyers would normally ask from suppliers before they are channeled out for distribution.

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