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Date Posted: 12:35:53 07/31/09 Fri
Author: Joe Sottnik (FeisWorx)
Subject: Careful of your arithmetic...
In reply to: Bob 's message, "Oops...Inside should read "increase each competition fee by a small amount"" on 06:42:18 07/31/09 Fri

You suggested multiplying the family fee revenues by the number of competitors. More typically, family fees are charged once per family and the number of families at a feis is lower than the number of competitors.

A realistic ballpark is 85%. If you count on 200 competitors, figure on about 170 families. 170 x $15 in your examples would be $2,550 (a bit lower than the $3,000 in the example).

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