Sunday, March 8, 2009

Supporting Minor Hockey

No can deny the vital role play sports plays in overall development of children. Benefits includes improving health, social and life skills; discipline, leadership, collaboration and communication. It teaches kids a sense of community and belonging.

When approached by the Cape Breton West MHA to be their Gold Sponsor the 2008/2009 Bantam Provincial Provincial Tournament, we at Knowledge Bridge jumped at the chance.

To find out more about the role play and sports has in the development of kids, visit Right to Play

Monday, February 11, 2008

Partnership Relationships Between Veneus and Planners


Knowledge Bridge Presents at Carlson Worldwide Hotels National Sales Blitz

Dedicated to fostering education in the event industry Knowledge Bridge presented the inside view of how to successfully partner with an event management firm to the Calson Hotels

We are strong believers in bulding stronger partnership relationships is the foundation for any event company who has a dedicated to their clients needs to deliver exceptional sellout events. The bonds forged with industry partners like Carlson Hotels helps the Knowledge Bridge team represent our clients best interest to negotiate reduced room rates, block meeting room space in peak periods, postpone events without penalty, receive complimentary parking and internet.

Wednesday, May 2, 2007

How much do you charge for your registration fees?

Are you trying to figure out where to start when setting your ticket and or registration fees for your next event?

To find out if at which point when the meeting revenue will cover meeting expenses, you can use a break even analysis.

Terms

Fixed Expenses — costs that do not vary bases on the number of attendees. (i.e. room rental fees, speaker fees, entertainers, and photographers)

Variable Costs Per Unit — are charges that are levied base on the number of people attending or per person. (i.e. plated meals, hotel rooms, tickets to events)

If you know the total amount of fixed expenses, the price of admission, and the variable costs per unit (or person), then you can find the minimum number of attendees that are needed to cover your expenses.

Break Even Units: look for the number of attendees needed to break even.

Break Even Units = total fixed costs/
Price – variable cost per unit

Determining the Break Even Price for Registration/Tickets Fees

If you know the total amount of fixed expenses, the number of attendees expected, and the variable costs per unit (or person), then you can find the minimum price of admission to charge to cover your expenses.

Break Even Event Price: finds the registration price needed to be charged in order to break even

Break Even Event Price = (total fixed expenses + variable costs per unit)/Number of attendees

If this looks to daunting, call Knowledge Bridge 613-762-8641 today, and we would be happy to assist you to set your registration fees for your next event.

Wednesday, April 25, 2007