You will need to make an estimate of how much your stock is likely to cost you every month.
You will already have worked out your monthly income from sales of alcoholic and non-alcoholic drink, food and snacks, entry fees and so on and you can use this figure to come up with an estimate of your monthly stock costs.
As a very rough guide your stock costs are likely to account for between 30% and 40% of your sales income. Things that will affect this include:
- your pricing policy
- how much your entry fees are
- how much your stock costs you
- how much wastage, theft and other losses you suffer