American Institute of Floral Designer's monthly tip for members |
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Submit your tip!
AIFD is always looking for members to send in creative tips and ideas that you use. If you would like to have your idea featured in a monthly Floral Food for Thought send it in, complete with details and pictures if you have them, to Molly Baldwin-Abbott, AIFD's Director of Communication and Marketing, at
molly@stringfellowgroup.net. |
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Utilizing Spreadsheets to Analyze Profit
By Jenny Thomasson AIFD PFCI, CFD
Getting a fresh start on a new year is a great time to look at progress in our businesses. Consider coming up with a process to show the profit you make in your event business. Let yourself know how successful it is (or isn't) for the time and money that you put out to accommodate your clients.
We have always had recipes for our events, ordering using those and staying in line with our costs. This year we are utilizing spreadsheets to look at cost after the events are done thus giving us a total profit on each. Knowing that sometimes when the weekend has passed and the party is over we don't necessarily look back at those specifics. This method has proven worth while for us so far and eye opening to everything that goes into providing large scale design.
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Copyright © 2017. All Rights Reserved. |
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Christina Burton-Fox AIFD
floral artist & instructor
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