RP1.1 Referral Assignment Brief Vauxhall Party Plan The Lifelines manager has asked you to organise the annual Halloween party for gym members. She wants you to come up with some ideas for the party and to
present projections for the costs and profit for the event. The Task There are two tasks to the assignment. For the first task you need to come up with ideas for the party. The second task is to project the costs, income and
profit for the event: • Decide how much people will pay for the party you are thinking of • Find the various costs you will incur for the party • Calculate the breakeven point for the party and the potential profit for the numbers you think will come • Make a recommendation to your manager of whether or not this is a profitable project to pursue Your party must be held at the VRC. The General Manager of VRC will be assessing the profitability of your proposal as if you were an external organisation
paying for the facilities, food etc. In other words you will not receive any discount just because you are part of the same organisation. After all, at this
time of year, VRC would have no difficulty finding customers to pay the full commercial rate for parties.
You have to plan the entire party. What do you think gym members want? How much will they pay for an evening out at such an event? How many people will come?
Is there going to be food? If so, is it going to be a buffet or a sit-down meal? Will there be a band or a disco? How will you promote the event? How much
will the promotion cost? You should use Excel for all your calculations. Try to produce a model that will allow you to experiment with different prices and costs. You should produce
a break-even chart for the event. The calculations and charts should be included as appendices to your report. Assessment Task 1 You submit your shortlist of good ideas and your preferred option, with reasons for your final choice for your party. 25% Task 2 A report for your manager, describing the proposed event and detailing the costs, breakeven point, income and potential profit for the event. 75%……….
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