Budgeting for your Class Reunion or How Much Should a Ticket Cost?
About a ten months before the reunion you should decide on where to have the reunion. Once that's decided, you'll need to figure out how much to charge for a reunion ticket so you can start selling tickets immediately. You will make the decision based on a number of factors: Basic Charges 1. Price per person for food. 2. Open bar vs. Cash bar 3. Tax and service charges _____________________________________ Say food is $50.00 cash bar is 0.00 Tax in NJ is 7% 3.50 Service Charge at our hotel is 21% = 10.50 ____________________________________ Price per person is: $64.00 So is that the amount you charge your classmates? NO!!!!! Because you have to take in account all the other costs involved in reunion planning Ancillary charges (try to get as much for free here as you can...