LAYOUT ON BUDGETING TABLE

Layout on Budgeting Table

Budgeted layout

Narrative for the indicative budget

Income (Revenue)

The expected revenue generations from the tickets are expected to be around £ 78,500. The break-up of the of the revenue generation from the tickets are as under:

Gallery

Capacity

Expected Occupancy

Ticket Price

Expected Income

Premier

60

60

£ 500.00 £ 30,000.00

1st Floor

310

290

£ 100.00 £ 29,000.00

2nd Floor

400

300

£ 65.00 £ 19,500.00

Total

770

650

x

£ 78,500.00

Sponsors

The two sponsors are going to sponsor the event with a total of £ 1,000. Each sponsor will provide with an amount of £ 500 each. (Matthews 2008, Pp. 2-21) The sponsor will place their advertisement hoardings ...