Retail florists tend to make the most money, with an average hourly wage of $19. Event and wedding florists typically make less. These wages vary based on several factors.
Running a floral design business is not a get-rich-quick scheme, but it can be rewarding and empowering work. Earning potential depends on various factors such as skills, clients, and business costs.
A successful florist business can generate significant income, although costs exist too. With dedication, floristry can be rewarding and lucrative.
Profitability of Florist Business
To succeed as a florist, achieving a 70% profit margin on flowers and supplies is crucial. Proper markups and design fees also play a critical role in maximizing profits.
According to the Bureau of Labor Statistics, the average mean salary for a florist is $27,750, with an hourly wage of about $13.34. Salaries can vary based on location, with some areas offering higher average wages.
Some popular flowers that can bring in good revenue include roses, daisies, lilies, irises, peonies, and daffodils.
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