PAB (Friday 13th November) company budgeting

HTop ten budgeting rules

One- be realistic with you budgets for each section.

Two- over estimate your spending rather than under.

Three- only spend on nessesatys, things that are luxuarys should come second.

Four- research about your company and how much things are approximately.

Five- negotiate for better prices.

Six- if you know you will be spending more on something's, try to cut down on other things, to balance it out.

Seven- make the most of publicity and promoting the company.

Eight- look around for the best prices

Nine- offer out sponsors in the performance, to get your name out there.

Ten- be innovative with fund raising, eg...workshops

Research into costs for rights.

£65 per performance (need to call to double check)

£9.99 per script X15 (only available in paperback)

Contacting hire company's and theatres

I began by calling CPS which is a technical theatre hire company, I called them to enquire about hiring out a truss unit but over the phone I realised that the cost would have gone over my insal budget, so I requested a quote for a 10x10 meter truss. They quoted me between £1000-1500 for full hire and recoverable side panels, and I also asked if this would include set up fees and they said that it does.

My second phone call was to 'stage electrics' and I was enquire about lighting hire, to do with special hires. I got quote about a follow spot and four programable, moving lights that can take gels. I am currently awaiting on the quote over the phone.

My final quote for the day was to the Capitol a Theatre and Bristol theatres. This was to get some information about the theatres and what they can offer. For Bristol they gave me this information:

Their theatre has 528 seats within three levels and then the dress circle is wheelchair accessible.

They have three dressing rooms, with shower facility's and a green room. 

In terms of their tech you can have anything within the theatre, including the basic rig and sound desk but you can hire in your own things independently or through them which may work out cheaper.

Performing Arts Course Funding

Uni Grants UK

They are a funding company that offer support and help to those looking to go onto further education to study a range of subjects.

They also help set up student bank accounts, this is useful as they often have better ratings and offer better balances. They also offer extras to draw people in but also help. HSBC offer 2 years worth or Travel Insurance with a student back account. NatWest give student discount and vouchers of laptops to students. Lloyds extend the NUS card for a further three years and give free music downloads. Finally Halifax offer 25% off AA Breakdown cover. By the banks offering this is gives students a reason to go with them and get benefits from it.

Uni Grants UK offer 'Crowed Funding'. This is where you put money into something with an idea and people can fund towards it to help you out, you then put a time scale onto it (IE how many months you want it last for) and then after that you have the time to pay back what you were given.

Dadas Funding

 



This stands for Dance and Drama awards, they pin point student looking to study dance and drama, they base how much you get off how much your family income is, for example if your family doesn't earn as much you would get a higher grant. They also go off how popular the course you are applying for is and if you would need more money to fund for it.

 

To be able to get funding though this company you have to be living in the EU for over three years, and have had at least one of these qualifications:

 

Level 6 diploma in acting (3 yrs)

Level 5 diploma in acting (1 yr)

Level 5 diploma in drama (in classical ballet or contemporary dance) (2 yrs)

level 6 diploma in dance (3 yrs)

level 6 diploma in musical theatre (3 yrs)

 

To be considered for this funding scheme you must be between the ages of 16-23 for the dance courses or 18-23 for the acting based courses.

 

They will only offer funding for students looking to study at these schools:

 

ALRA

ArtsED

Bird College

Cambridge Performing Arts

Elmhurst School

English National Ballet School

The Hammond School.

 

 

CDET Council for Dance Education Training

 

You must have a household income of £30,000  or lower to get funding through them. No fee will be charged but you will receive a scholarship. If your household is lower the £21,000 you will receive a maximum of £5,185per annual year, this can be put towards living costs and is also available for first years. To go the accredited drama schools CDET cover it costs between £7000 and £30,000

 

They will give funding to a range of different courses, this includes dance, drama, musical theatre, jazz, ballet, contemporary, commercial or street. They will also offer a smaller help towards vocal training.

 

Anyone is eligible to the funding all you have to do is fill out a membership form to see how much you are entitled to and where you will get it from. Membership forms have to go through Equity, UK theatre, Society of London Theatre and Spotlight.