Inspiration
Business needs to be more efficient in order to function better around campus.
What it does
Our new model is better organized and makes things more intuitive for the business and for the customer.
How we built it
We took a year's worth of data from payroll and billing and put it into excel. From all this data, we were able to see find what our cost and revenue drivers are. With this, we could work on reducing costs that weren't necessary, and charge groups what they should be charged instead of a flat rate.
Challenges we ran into
The biggest challenge we ran into was figuring out what the new base price should be in order to cover all operating costs while still keeping the price of shows down.
Accomplishments that we're proud of
What we learned
Office hours cost a lot.
What's next for New BSSL Financial Model
Possible implementation.
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