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A PUBLICATION OF NDFP DART REFERENCE MANUAL All Rights Reserved 2005 - 2007©

BUDGET

|Expense and Revenue|

Budget is an itemized estimate of the expected income and expenses of the tournament or league. The budget is often the preliminary basis to determine the total cash prize, entry fees and sponsorship requirements.

NDFP DART REFERENCE MANUAL
Related Topics:
Overview
Planning the Tournament
Formats
Events
Entry Fees
Prize Money Breakdown
Playing Venues
Budget
Sponsors
Event Promotions
Tournament Director

Chalkers
Miscellaneous
 
   
Expense and Revenue  

In drawing up a budget, all the expenses that will be incurred must first be determined and a specific amount is allotted for each of the expenses, including the cash prize. When all of the probable expenses are tabulated, then the potential revenues or income are computed and the viability of the undertaking is assessed as to whether to pursue the tournament or adjust the budgetary requirements.

Example of expense items are:
• Prize money
• Awards (trophies, medals, etc.)
• Sound system rental
• Venue rental
• Tournament Director’s fee
• Flyers / brochures
• Event streamer/s
• Press releases
• Set-up expenses such as dartboards, dart stands etc.
• Ingress and egress expenses

Example of revenue items are:
• Sponsorships
• Entry fees
• Others such as sales from food and drinks and other miscellaneous items

 
A PUBLICATION OF NDFP DART REFERENCE MANUAL All Rights Reserved 2005 - 2007©
This material may not be published, rewritten or redistributed except with the expressed written permission of the Copyright Holder.
 

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