Live event financial forecast - Outcome 1- Task 1C

Overview of projected costs (please add/delete rows as required)

Costs Costs of unit (Where No of units (Where Amount (£)
applicable) applicable)
Artist Fee (Headliner) 1 £0.00
Artist Fee (Support 1) 1 £0.00
Artist Fee (Support 2) 1 £0.00
Artist Fee (Support 3) 1 £0.00
Artist Fee (Support 4) 1 £0.00
Artist Fee (Support 5) 1 £0.00
Artist Fee (Support 6) 1 £0.00
Venue Hire £200.00
Tickets £0.00
Rider/catering £0.00
Marketing and promotion £0.00
Misc/other £0.00
Total Costs (projected) £200.00

Overview of projected income (please add/delete rows as required)

Advance ticket sales (£x per ticket) £6 0 £0.00
Advance ticket sales (£x per ticket) £3 122 £366.00
On the door ticket sales (£x per ticket) £6 2 £12.00
Merchandise £0.00
Merch item 1 (£x per unit) £0.00
Merch item 2 (£x per unit) £0.00
Programme sales (£ per unit) £0.00
Sponsorship £0.00
Misc/Other £0.00
Total income (Projected) £378.00

Event profit (Total income - total costs) £178.00

Break-even analysis -How many tickets need to be sold to cover costs? 67

Total Costs to be covered (£) £200.00
Ticket price (£) (Based on advance ticket price) 6
Break-even point (total cost divided by ticket price) 33.3333333