Financial Decision Making for Creative Projects & Events Report

This report assesses the financial decision-making process for creative projects and events, focusing on a company managers' quarterly meeting at Queen Club. The event budget is set at £1500, with a target contribution of £900. Funding will be sourced from bank loans and retained earnings. Pricing strategies will utilize regression and T-tests to align expenses with revenue. The report recommends organizing the event only if attendance exceeds 10 members to achieve break-even. Statistical tools are emphasized for effective pricing decisions, with income streams derived from food items and facilities. The report concludes by highlighting the importance of using statistical tools to make pricing decisions and recommends the event to be organized only when the number of people exceeds the breakeven point.