[Convention] Break-Even Point for GRP State Convention - Revised

[Jim Bosman]

Adcom, Conv Com, State Com:

With additional information recieved:

2-Day Space Rental $3000
Insurance $500
Band $150 (possibly not happening)
Copying $350
Other $50
Childcare $350

Total $4400

We have 22 folks registered. I don't know if they are
all 2-day registrants, but they have remitted a total
of about $1500 ($700 in registration fees and $800 in
pre-ordered meals), so that is an average of $31 each
for registration fees. (Keep in mind, a fair amount of
these 22 registrants took advantage of the Green Hours
discount, so that would tend to depress the average
fee). The discounted 2-day sliding scale for
registering by March 25th was $25 to $75 so the
average is coming up on the low end of the scale -
significantly below the $50 midpoint.

Anyway, this leaves a balance of $3700 to make up
($4400-$700=$3700). We will need 82 MORE attendees at
an average of $45 each to break even. (Total
attendance would be 104. I have heard numbers ranging
from 70 to 110 attended last year's convention.)

If we only get 53 more attendees at $45 each (for a
total attendance of 75), the convention will loose
$1,315.

Jim


__________________________________
Do you Yahoo!?
Yahoo! Small Business $15K Web Design Giveaway 
http://promotions.yahoo.com/design_giveaway/