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Question - Simple Event Budget Task - You are planning a one-day conference and you hope to make £1,000 profit out of it.
The expected number of persons attending is 100. The conference program will have four (4) speakers and each will be paid £150 for their services on the day.
The venue is a hotel function room and it will cost £1,000 for the day.
Other expected costs include: Advertising £1,000, photocopying and printing £500, flowers and shrubs £200, table linen £100, giveaway stationery £200, and food and refreshments for all the participants at £10 per head.
What you must find out!
How much registration fees will you need to charge each conference participant to make the target £1,000 profit if you have 100 registrations?
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