Updated budget plan
This is my budget if I was to use The London Theatre in New Cross for a two week run of the show. I will be using the theatre for a week rehearsal. I would like to put on a small piece of theatre consisting of 4 actors.
Expenditure
Cost
Running Total
Notes
Fringe venue
£900
£900
Based on rental price £450 a week.http://www.thelondontheatre.com/2.html
Fringe marketing
£10
£910
Based on websitehttp://www.thelondontheatre.com/2.html
250 posters and 10,000 flyers
£128
£1038
Based on a quote from a printing websitehttp://www.instantprint.co.uk
Set construction
N/A
N/A
There will be no set within this show but more props to make the stage interesting
Props
£500
£1538
Props will be brought from local charity shops and cheap shops, I would like a lot of props to cancel out the set.
Costumes
£500
£2038
Costumes will be very low budget which can be brought in from home or brought from cheap shops.
Rehearsal space hire
£175
£2213
Based on having one rehearsal week: £25 per day.http://www.thelondontheatre.com/2.html
Van hire
£86
£2299
Based on a quote from a van hire website: £43 per day for two days.http://www.enterprise.co.uk/car_rental/deeplinkmap.do?gpbr=U1D4&bid=004&cnty=GB
Accommodation
N/A
N/A
This will not be covered by me
WAGES
Director
£3202.95
£5501.95
Based on the TMA website for an artistic director: £640.59 a week.
Performer
£3348
£8849.95
Based on the equity’s version of the national minimum wage for an actor: £372 a week.
Administration
£299.32
£9149.27
Based on the TMA website: £21.38 per night
Contingency
£966.33
£10064.74
10% of budget
TOTAL BUDGET
£10064.74
To earn a profit my tickets would have to cost £15 each to earn a total profit of £435.26 if I was to sell my show out each night.
£15 x 50 seats = £750
£750 x 14 nights = £10500