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Community Theater Green Room Discussion Board :Theater Administration :Money Talk |
Topic: Financial Forecasting NEED HELP | |
Author | Message |
nickjarrettmba
Walk-On Joined: 2/05/11 Location: United States Online Status: Offline Posts: 0 |
Topic: Financial Forecasting NEED HELP Posted: 2/05/11 at 10:02pm |
I just assumed the VP role in my community theater board of which I have not been much involved in the past. I have an MBA so they wanted me in the position to help them get a better handle on their money problems. The first task I have place upon myself is to devise some sort of financial forecast from which we can see what our financial goals should be. Where do I begin. I am going to go over our expenses with our Treasurer Tuesday and see what exactly our expenses are and where from and how much money are we earning. I guess my biggest question is how do I break down the expenses and income and where should I get the data to support my forecast.
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SeanReidLaw
Player Joined: 4/25/10 Location: United States Online Status: Offline Posts: 10 |
Posted: 2/17/11 at 6:05pm |
Nick,
There are several ways to do this. While you need to find what works best for you and your company, I general send theater companies to http://www.vastage.com/tools/companyinfo/files/0004.pdf for an example of a financial breakdown. Edited by SeanReidLaw - 2/17/11 at 6:06pm |
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