Wednesday, 18 May 2011

Estimated Outgoing and Incomes

gig location:Nambuca
how many shows:1
number of musicians:15-20
OUTGOINGS£Notes
administration costs
telephone£25.00monthy payment
email £5.00Booster
web-site hosting£5.00Booster
transport costs
equipment£28.00Van Hire
personnel £2.00Train or Bus Fair
equipment hire
P.A.£150.00
back-line£0.00Already Have One
engineer£0.00Already Have One plus included with venue hire
roadie£0.00Already Have One
venue costs
hire£0.00No charge from pubs
other
studio costs
demo costs£180.00
studio hire£13.00Per hour
consumables
CD's£20.00buying blank CDs
instrumental stuff£5.00
marketing
adverts£80.00Gloss Posters and Flyers
production costs
your individual job-role costs£650.00Half Days Work for Events Manager
other job-role costs
total£1,163.00
INCOME£
Ticket sales £500.00
Grantsna
Sponsorshipna
Merchandising £180Cd's sold at  £3 each 
Other
total£680.00
PROFIT (LOSS)£483.00


Once I completed the spreadsheet, I’ve came to realise that there are many ways we could make a profit through events such as this through merchandise and CD sales. Whilst attempting to achieve a profit we’ll come across many things that could decrease the amount we make such as studio time, t shirt designing and making the product itself as it all cost a high amount of money. There are other roles in the event that is vital such as a door man for security purposes and a sound technician. This could be avoided by making CD’s in our own home studios, mastering your own personal record, use a friend to manage the door and technician. Using people and contacts you know through DIY are a well followed trend within the music industry nowadays.

The music that will be played at the gig includes varied set lists from different genres to satisfy the majority of our audience in our generation. We’ve set a ticket price of £3.00 which is affordable and worth it; also we’ve decided as a group that we will give 70% of these sales towards Japan for the saddening events happened recently. This will encourage people to come to our gig as it is for a good cause. As for my repertoire, we find that we are creating music that is commercial however a way for us to project our personal preferences.


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