Professional Certificate in Theatre Production: Budget Management and Control
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⢠Budgeting for Theatre Productions – an overview of the budgeting process, including forecasting and planning expenses for a theatre production.
⢠Financial Management – understanding financial reports and statements, analyzing financial data, and making informed decisions regarding theatre production finances.
⢠Cost Control – managing expenses, identifying cost-saving opportunities, and ensuring that the production stays within budget.
⢠Revenue Management – strategies for maximizing revenue, including ticket pricing, sponsorships, and merchandising.
⢠Cash Flow Management – understanding cash flow, managing cash inflows and outflows, and ensuring the production has sufficient cash on hand.
⢠Financial Risks – identifying and managing financial risks associated with theatre production, including insurance and contingency planning.
⢠Legal and Regulatory Compliance – understanding legal and regulatory requirements for theatre production budgeting and financial management.
⢠Budget Monitoring and Reporting – monitoring the budget throughout the production process, and reporting on financial performance to stakeholders.
⢠Post-Production Financial Analysis – analyzing the financial performance of the production after it has closed, and using that information to inform future budgeting decisions.
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