A leading innovator of sport event management software and online registration, presents an informative slideshow on the top four tips for managing and sticking to your budgets
1. Compete-At.com
A leading innovator of sport event
management software and online
registration, presents an informative
slideshow on the top four tips for
managing and sticking to your
budgets
2. Top Four Tips for Managing and
Sticking to your Budgets
• Determining your break-even
point
• Leave money aside in case of
emergencies
• Prioritize items and requirements
• Appoint a finance chair
3. Determing Your Break-Even Point
• Your break-even point is the point where your
costs and revenue are equal
• This is the key to figuring out what your
registration fees are going to be
• You can look at the cost of the event and then
decide the fees by their breakpeven point
• You can also look at the likely registration fee
and the likely number of competitors
• The lower your registration fees, the more
competitors you are likely to have