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  • Level: GCSE
  • Subject: Drama
  • Word count: 1656

In this report I will be reviewing the present situation at the Broadway Theatre.

Extracts from this document...

Introduction

Report 2 - Review of the Broadway Theatre In this report I will be reviewing the present situation at the Broadway Theatre. The staffing structure This staffing structure shows that the Owner is in charge of the Manager even though he plays no part in the running of the business. In turn the Manager has a span of control over of his 3 assistant managers. The 3 assistant managers are each in charge of the department managers. This means that the Catering Manager is in charge of the Barperson; the Sales Manager is in charge of the Bookings Clerk and the Administrator is in charge of the Secretary. Their is a clear chain of command shown by this organisation chart, this is shown by the vertical lines of authority. Orders will passed down the chain until they are carried out. The horizontal line across the assistant managers shows they are of equal rank. Staff Responsibilities Manager - The Manager is responsible for all aspects of day-to-day management; he is also responsible for his 3 assistant managers. Assistant Manager - The Assistant Manager deputises for the Manager and is responsible for morning and afternoon events. Assistant Manager - The Assistant Manager deputises for the Manager and is responsible for the administration, sales, and catering staff. ...read more.

Middle

A factor is a firm which will take over a business's debts for a fee. This can be an effective way of solving a liquidity problem as the firm will not have to employ any debt collectors. However, the fee that the factor will charge will be an expensive one. Therefore, the firm may try to delay the payments of their bills or even ask that receipts are paid more promptly. The components of a cash flow forecast include: The cash flow forecast breaks down the receipts and payments to give the total receipts at the end of each month and the total payments. Then, by subtracting the total payments for the end of the month from the total receipts for the end of the month, the net cash flow is calculated. This net cash flow is added to the opening balance for the month to give the closing balance for the month. The closing balance for the month then becomes next months opening balance. Theatre's grounds Located within the theatre's grounds is a disused bandstand, a car park, and a duck pond. The rest of the area owned by the theatre is made up of open land and trees. ...read more.

Conclusion

This presents a problem which needs to be addressed in order to encourage people to return to the theatre time and time again. It is not good enough to just attract a customer for a one-off occasion you should aim to gain their regular custom and build up a sound reputation. Located within the theatre's grounds is a disused bandstand that presents a whole window of opportunity. The theatre would do hard to go wrong if they brought it back into use and made a feature of it primarily for the summer months. The Broadway Theatre has a lot to offer the public, however if many of the public do not have regular access to theatre after 8.00 p.m. then the theatre can not demonstrate what it has to offer to the public. It is vital that the theatre address's this problem in order to boost ticket sales. It also appears that the theatre's target audience is the elder generation. At first glance this may not appear to be a problem, however, their are as many old people as young people who all enjoy attending the theatre it would be an idea to also accomodate younger people. This concludes my findings for the key problems I have identified. ...read more.

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