OK, three questions for Paul / Andy from your experience in venues hire and general finance:
Timing
– From experience is it possible to do a ‘standard’ session (intro, starter video, two main videos, ending video) in two hours? Financially it doesn’t seem worth it to be worth it for three hours in terms of venue hire.
Admission
– I need to make sure I break even comfortably. I want to charge £5 (easy in terms of collecting money) but this feels too much. Is £4 considered reasonable in your experience?
– Do you have a ‘first session is free policy?’
Finance and record keeping
– How do you track your income and expenses? What kind of records do we need to keep for accountability?
– What do you include as expenses besides venue hire, kit and refreshments? Do you include travel expenses as well?
– Is there a common ‘Thinking Box’ account that we all share or do we keep things separate for now?
Sorry for the question overload.
Cheers!
Weikai