Ok, let’s see, …..where were we? ….poker…matchsticks…20 pounds of quarters….profit/patron, cost/patron and patron/vendor ratios…big pies…..and little pieces. Remember? If not, you can refresh your memory by reading ‘playing by the numbers, part 1’ It’s a funny thing about numbers. When you ask someone the time of day, a baseball score, or the age of their… Continue reading Playing by the Numbers, part 2, None of your Business
Tag: Value
Playing by the Numbers, part 1, Patron/Vendor Ratio
Editor’s note: This is the first installment in Al’s series that uses metrics to determine the financial relationship between vendors and festivals.Following articles will end up with internal links here (Part 2). It’s high-season in the outdoor festival business, but we’ll get them to you eventually. I love to play poker. When I was a… Continue reading Playing by the Numbers, part 1, Patron/Vendor Ratio
The Velvet Cage
Editor’s note: This week we have a post by our friend John Davis. He’s one of many friends who have utilized their festival experience to build other exciting careers. His motivational speeches are highly sought after in the corporate world, and we are very happy to have him as part of the Festival Prose team.… Continue reading The Velvet Cage
Park Design Considerations, When Vendors are Also Investors
While I believe it differs little from a shopping mall lease agreement, the agreement between Vendors and Renaissance Festival Management involves the Vendor building and maintaining a structure on the Festival’s property, then paying a show fee to vend from that building during the event. (Mall leases involve Lessors paying for their own “build-out”; then… Continue reading Park Design Considerations, When Vendors are Also Investors
Profitability Through Play
The other night I was channel surfing and paused briefly on ‘Rawhide’, an old black & white weekly western series. Wishbone was servin’ up the grub. Rowdy, Scarlet, Mister Favor, the whole gang was sitting around the campfire, eating beans off of metal plates and soaking up the sunset. I was there with them,… Continue reading Profitability Through Play
Recognizing Your Customers and Avoiding the Fail
Some of the worst Customer Service failures occur when a worker isn’t able to recognize who their customer is. In a well-run commercial kitchen, each station has a different customer. Yes, the Guest is everyone’s customer, but in order for that Guest to have an optimum experience, the entire team has to function at its… Continue reading Recognizing Your Customers and Avoiding the Fail
The 9 Most Common Problems in the Renaissance Faire Building Industry
AKA, The Harsh Conversation I had with a Young Carpenter. The dynamics of the Vendor/Builder/Festival Management matrix are complex, and there are many places where the deal can go wrong for one or more of the parties. All three legs must be considered for this table to stand. On the one hand, talented carpenters get… Continue reading The 9 Most Common Problems in the Renaissance Faire Building Industry
How to Grow a Festival, Part Two
In part one of this conversation, I mentioned that because a festival is an experience, it is the responsibility of the participants at a festival to help create real growth. But what about those shows where the participants are doing everything they can, but the Festival Management drops the ball? It happens. Someone doesn’t order… Continue reading How to Grow a Festival, Part Two
The Value of a Lifestyle Business
Why is the term “Lifestyle Business” spoken with derision? Is it because “real businesspeople” discount the value of them, or is it because the Lifestyle business owners themselves belittle the amount of income generated by their businesses? In a world so full of people that *don’t * like the things they do to make a… Continue reading The Value of a Lifestyle Business