What price should I be selling at

[harrydennis]

Hey, Ive been running my business for about 2 months now and has been relatively sucsessful

Ive jsut receantly started selling to shops. I buy my product for around £2.20. Shops sell it at around £15-£20 maybe £25. It's competitors prices are alot higher, but better quality.

What is the normal mark up amount, I'm unsure how much to charge the shops and what is the norm.

Also, Do i need to register as a business or inform anyone?