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View Poll Results: How much is your average cost per gig?

Voters
49. You may not vote on this poll
  • £0 - £25 per gig

    1 2.04%
  • £26 - £50 per gig

    3 6.12%
  • £51 - £75 per gig

    3 6.12%
  • £76 - £100 per gig

    11 22.45%
  • £101 - £125 per gig

    9 18.37%
  • £126 - £150 per gig

    6 12.24%
  • £151 - £175 per gig

    4 8.16%
  • £176 - £200 per gig

    5 10.20%
  • £201 - £225 per gig

    1 2.04%
  • Over £226 per gig

    6 12.24%
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Results 1 to 10 of 21

Thread: Have you properly evaluated your costs?

  1. #1

    Join Date
    Jan 2006
    Location
    Berkshire
    Age
    61
    Posts
    793

    Default Have you properly evaluated your costs?

    Following on from another thread with a familiar theme, I wonder if you have worked out what it costs per gig for you to DJ?

    I don't mean just petrol etc. for the day, I mean a proper costing which adds up the annual expenditure and divides it by the average number of gigs you do in a year.

    Costs should include:

    Operating Costs
    Depreciation of operating equipment (speakers, players etc) at 25% per annum
    Disposables (eg. bulbs, leads, fuses)
    Giveaways (glowsticks etc.)
    Roadies
    Vehicle costs including servicing, tyres, tax and insurance etc.
    Music Purchases
    Clothing Purchases and cleaning
    Equipment repairs
    PA Testing
    PLI
    Other insurances (eg. equipment)
    Licences
    Fuel costs
    Parking costs

    Office costs
    Computer
    Paper and Ink
    Postage
    Telephone & Fax
    Heat, light & power for office/home (an appropriate proportion)
    Advertising
    Internet costs (hosting, ISP, email etc.)
    Subscriptions

    I know what it costs me per gig and set my charges accordingly.

    Be realistic about the costs and how many gigs you would do in a year.
    Do the calculation annual costs divided by gigs and post our result here nad in the poll.
    Last edited by kilmeedyman; 15-10-2008 at 01:51 AM.

  2. #2
    ppentertainments
    Guest

    Default

    Don't think I could accurately work this out. Would just be a total guess if I am honest

  3. #3

    Join Date
    Feb 2007
    Location
    North Surrey
    Age
    60
    Posts
    24,608

    Default

    I didn't know this figure before, but it was only a case of looking at my business expenses & capital allowances on last year's tax return and the total number of discos I did.

    For me, the total expenses per gig come out at around £125, which I must admit is a fair bit higher than I'd have thought.

    Good thread!

  4. #4
    ppentertainments
    Guest

    Default

    Last years figures worked out a £108 for everything - not just discos.
    Again higher than imagined

  5. #5
    soundtracker's Avatar
    Join Date
    Jun 2005
    Location
    Herefordshire and surrounding counties.
    Age
    66
    Posts
    7,699

    Default

    So therefore a cheap booking at £240 doesn't look so attractive does it?

    Covering, West Midlands, Cotswolds, South & Mid Wales. Have van, will travel!
    National Association of DJs

  6. #6

    Join Date
    Jul 2005
    Location
    Surrey
    Posts
    1,525

    Default

    Great thread Phil, very timely.

    Exit stage left...

  7. #7
    ppentertainments
    Guest

    Default

    Whoever put over £226 must have bought some great equipment or needs another accountant I think

  8. #8

    Join Date
    Feb 2007
    Location
    North Surrey
    Age
    60
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    24,608

    Default

    Quote Originally Posted by rob1963 View Post
    I didn't know this figure before, but it was only a case of looking at my business expenses & capital allowances on last year's tax return and the total number of discos I did.

    For me, the total expenses per gig come out at around £125, which I must admit is a fair bit higher than I'd have thought.
    I've just realized something.

    The figure for me will be lower than £125, as the business expenses I used to work out the figure also included my quiz expenses, a large part of which are travelling expenses...so my expenses figure per disco is probably more like £100. (Still higher than I'd have expected!)
    Last edited by rob1963; 15-10-2008 at 03:10 PM.

  9. #9
    theoloyla's Avatar
    Join Date
    Aug 2005
    Location
    Birchington, Kent
    Age
    74
    Posts
    3,134

    Default

    Mine was a little high but some of my costs are also charged to line dancing as I dont divide costs; so I'm in the same boat as Rob.
    Last edited by theoloyla; 15-10-2008 at 03:59 PM. Reason: Addition
    Banana Power Travelling Discotheque - legendary entertainment since 1966
    www.facebook.com/BananaPowerTravellingDisco

  10. #10
    Danno13's Avatar
    Join Date
    Jun 2005
    Location
    Worcestershire, West Midlands/Cotswolds Border
    Age
    37
    Posts
    4,903

    Default

    In answer to the origanal question, YES! most definitley, I use Sage to do my accounts so am always aware of where my profit is going!

    I recently worked it out to £280 a week, this doesn't include labour costs when I provide other DJs, and allows for a couple of weeks holiday a year.

    That's based on the first 6 months of this financial year, so it may drop over the rest of the year considering things like van insurance, PLI, PAT, ProDub, Advertising renewals have all been paid already.
    DJs, PA, Lighting & AV Hire, LED Uplighting & Wedding Lighting, Dance Floor Hire, Starcloth & Room Decor - Covering the Midlands & Cotswolds.
    Revolution Event Services Ltd - Wedding Lighting
    01386 898 113

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