SPTE 203 Revenues and Expenses and Privatization

SPTE 203 Revenues and Expenses and Privatization - Revenues...

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Revenues and Expenses
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Goals Goals can be different for public vs. private businesses. Most private businesses must make a profit. Some public businesses are allowed to break even. Some public businesses may even be subsidized by a government agency.
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Pearl It is always safer to make money or at least break even, regardless of mission statement.
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Budgets Budget – Simply a structured way to allocate your resources. Before you can budget, you must understand your mission. Two kinds of budgets – Construction and Operating
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Operating Budget Much of operating budgets usually come from building generated revenue. Ticket Sales (in some cases) Premium Seating Concessions Catering Parking Licensed Merchandise
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Operating Budget Building Generated Revenue (cont.) Sponsorships Media Facility Rental/Lease User Fees/Memberships Student Fees Donations and Grants Advertising
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Operating Budget Building Generated Revenue
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This note was uploaded on 02/10/2011 for the course SPTE 203 taught by Professor Kenyon during the Fall '10 term at South Carolina.

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SPTE 203 Revenues and Expenses and Privatization - Revenues...

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