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JASON. Are you for real. NOT according to your own figures.
On £1600 taking a night and paying for entertainment and extra staff a publican or club owner woundn't even break even.
BTW. Where do you get this 400 from and £1600 quid takings. Most mediem sized venues like pubs cam only accommodate around 100 which coindentaly produces the same sortof takings.
I suugest that you get behind the bar because publicans in particular are begining to realise that as far as the bottom line is concerned they make just as much with just a few good spending locals in without all the hassle.
UPDATE :
Held my first club night last night! Made a loss! Due to several reasons! Only £200. But still a loss
Event deposit : £200
Which was returned as soon as we hit £500 bar spend
DJ Costs £350
£100 marketing costs.
We took in £450 at the cash desk entry. Bar spend was £750.
So by the time paid the deposit ( which was borrowed at the time )
We ended up with a loss!
Our main competitor for the night closed at midnight with 4 people when we had over 70+ of their customers! For a launch night for a brand new club night, we did good!
Our next night is already getting planned!
Reasons for not enough customers : Lack of student marketing, 95% of marketing we did was online. Rest was flyers on the night, and promo cd's.
Door staff were not the best, turned down around 20 people for no reason! Which was mentioned to management which was then sorted.
Students were not fully back and exams were on for some. So lack of student crowd.
Good luck for next time I hope its profitable next time...sounds good...I agree the DJ Fee may of been too much! He is BIG up in Sunny Scotland in the Urban scene! So i felt he was worth it! But defo look at a better deal with him for next time!
Didnt help the fact of students being off/exams too! And today is pay day for most folk so again people having lack of funds to go out!
Not giving up! next event planned is a month away, so learn from the mistakes!
UPDATE :
Made a loss! Due to several reasons! Only £200. But still a loss
Event deposit : £200
Which was returned as soon as we hit £500 bar spend
DJ Costs £350
£100 marketing costs.
We took in £450 at the cash desk entry. Bar spend was £750.
So by the time paid the deposit ( which was borrowed at the time )
We ended up with a loss!
£100 for promo on top of the £100 for marketing you mentioned earlier? Or is this the same £100? Photographers are ten a penny and I'm surprised that at your first small event you paid out well for one (when I worked small venues we always had three or four keen teenagers, many of them photography students) who would turn up with top end cameras that they'd saved for months for and snap away (and the results were easily good enough to use ourselves). As for "pr staff", what exactly did they do?
I hope you don't feel like I'm asking too many questions, it's just that when I started out I trod very carefully and saved money wherever possible. It's the only way to go, build up a decent amount of money behind you and then further develop a really successful night/s off the back of it. If you have any questions on costing or anything for the next one, do drop me a PM.