Profit Margin

[Dewey]

i am considering bringing in another species of Cedar and reselling it..
What is considered a decent markup
Example if I buy a board for $10  What should I sell it for ?

[CCCLLC]

I'd  say double.  If your adding planer work, double  again. I'm  lazy and love the easy math. Very interested in others opinions.  Believe it is somewhat location  driven as well. I'm located  in triad area of NC.

[beenthere]

What value are you adding to the cedar board(s) ??

[Bradm]

Too many variables to answer the question as asked.

What are your variable operating costs?
What are your fixed costs?
What is your material cost?  ($10 in this example)
How much do these add up to?
How much profit will you need to keep inventory, maintenance, and cover receivables until you get paid?
How much profit do you want to make above your labor cost?
How much do local competitors sell that board for?
Will your potential customer base be willing to pay what you need/want for the product?

[Magicman]

Those same questions hold true whether you are selling a product or selling your services.  If both as in value added to a product, then both have to be factored.