Hey everyone let's talk dosh, mula, wangah, ol casheroony. Let's talk pounds, shillings and pence. Let's talk money.
So what do you do after you come home from a long 3hr rehearsal late at night - chat with your loved one? Watch TV? Go to bed? Do you know what I did...sat working out budgets for the show. Yep, my life is wild beyond comprehension.
Perception is that it's all a bit arty, this theatre thing, but in the end it does come down to cold hard cash. We have a certain number of seats to sell (about 450 per night), we need to set a ticket price that isn't stupid (particularly in this economic climate) - then you times seats by ticket price and that gives you your cap for a budget. Spend more than your income and you make a loss, spend less and you make a profit. Obviously it's a bit more complicated than that but I, quite frankly, can't be arsed to get into all.
I'm not going to talk figures as, Sue (Treasurer/Accountant) will actually grate my testicles off if I do, but compared to other larger groups in the area who can spend £60-70,000 on a show we're small(ish) fry in budget terms. The trick is use the budget cleverly to make the show look twice as expensive as it actually is.
So I have a rough budget calculated (taking into account all the big spends: theatre, musicians, sound hire, costume etc etc) - a number ending in several zeros (I think I'm safe in giving that much away) - and a rough ticket price. And I'm fairly happy.
This show is about flag waving and letting people know who we are - so the aim is to break even. The last show we (Neil, George, Pete) did sold out well in advance with a relatively unknown show, so I'm fairly confident we can repeat it this time round. Hey, look, a glass half full attitude will get you everywhere....
Neil
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