I have an idea to make my own halal company. I am, however, worried about the price range for my product.
I want to make energy shots, with all organic and non-GMO ingredients (ingredients which have been proven to give energy): It takes about $1.00-$1.20 to make each bottle of energy shots. I was thinking since my ingredients are high quality (exotic herbs) that I should place a price between $2.10-$2.60 for each bottle on the market. There is lots of competition and I think that's somewhere near the middle for an energy shot.
Is there an Islamic limit to how much profit I can make on such a product? If so, is my plan acceptable? I need guidance since I don't want a haram profit and I don't want the displeasure of Allah.