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Published byWarren Jefferson Modified over 8 years ago
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Companies must attempt to define annual costs of doing business. Example: Sixty percent of monies are allocated for player/personnel.
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Administrative expenses include: Entertainment of potential/existing sponsors. Health insurance for employees, including Workers’ Compensation. Office supplies. Rent for office space. Staffing. Trademark development and maintenance. Travel.
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Talent expenses include: Compensation. Gifts. Parties.
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EVENT EXPENSES: Advertising. After-event entertainment. Food & beverage services. Judges. Officials. Photographers. Prize money.
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Production expenses include: Crew per diem (allowances for daily expenses). Lights. Practice venue. Site preparation. Sound & stage setup. Sponsor gifts. Ticket production.
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Facility expenses include: Facility rental. Risk management and liability insurance. Storage space rental. Security. Utilities.
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