Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved Agenda Review chapter four Chapter quiz Discussion of quiz Opening activity Chapter five mini-lecture Questions and Answers Assignment Conclusion CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved Understand basic Event Leadership financial and accounting terminology Maintain event financial records Understand and interpret the event balance sheet and income statement Calculate the break-even point and profit margin for your event CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved Forecast projected revenues and expenses for your event Estimate reliable budget goals for your event Identify sustainable funding for your event Manage your event during turbulent economic times Plan and allocate your event budget CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved Read and be prepared to discuss chapter six. CHAPTER 5 Copyright 2011 by John Wiley & Sons, Inc. All Rights Reserved CHAPTER 5