Difference between revisions of "Finances"

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Revision as of 13:27, 23 September 2011

Start-up Capital

By our naive calculations, we need around $11k to start.

  • Government grants
  • bank loans (last resort)
  • donations
  • fund raising
  • organization based projects

Sustainable Income

This depends a lot on the rent of the space we get, as that will be our major expense.

  • monthly membership fees
    • tiered membership levels, for example students/low-income pay less
  • rent out meeting/office/project space to members/user groups
  • drink / food sales (club-mate)