E F F I C I E N C Y O F T H E
F I N A N C I A L M A N A G E M E N T
Creating a budget . The four event managers took part in Roundabout ’ s annual Sleep Out fundraiser . The organisers felt that is was the most appropriate way to raise funds for the event . Roundabout agreed to let Enigma Events keep the funds to go towards the operational costs of The Perverse Playhouse .
Contracts and Agreements . Official contracts were created , agreed on and signed by all suppliers - venue , escape games and photographer . Job descriptions were created and written confirmation obtained from volunteers and actors .
Payments . Dates and payment plans were outlined within the contract and were abided by strictly .
" WITHOUT THE FUNDRAISER , WE WOULD HAVE MADE A LOSS ." 20
Acceptable production costs . The majority of the costs came from props and equipment for the escape games . The event also incurred a lot of last minute expenses as the escape game supplier demanded further props during the setup . These last minute additions meant event managers could not ‘ shop around ’ online for the best price , they had to purchase the first available items . Although the event still made money , Enigma Events could have made significant cost reduction if they were not responsible for purchasing all the escape game supplies .