Free calculator for wedding venue owners

Can you afford to hire an event coordinator?

An event coordinator lets you take more events in a season. The payback comes from extra bookings, and those land months after the hire starts.

Cash in the bank today$ Cash the business adds each month now$ Monthly cost of the event coordinator, with taxes and benefits$ Months until the event coordinator brings in revenuemonths Extra revenue per month after that$ Payroll per run today (for the safe line)$

Lowest cash, next 12 months

Cost before they pay off

wages paid before new revenue starts

Paid back by

month the hire covers its own cost

Month	Without the hire	With the hire

The starting numbers are an example for a wedding venue. Replace them with yours.

The worked example

Here an event coordinator costs $5,000 a month and starts bringing in $9,000 a month after 4 months. The business pays $20,000 before the hire covers a dollar of it.

How to make the hire safer in a wedding venue

Hire an event coordinator in the fall, when next year's bookings are already visible.
Tie the hire to a booking target, so the extra events cover the salary.
Keep deposits out of the cash you count when deciding if you can afford them.

See every hire in your forecast

One Page CFO adds the hire to your 13-week forecast and shows the tightest week before you commit.

Check if I fit →