3.6 Key Takeaways
Step 3: Key Takeaways
- Every program begins with a vision…and ends with a budget;
- The theme “doing more with less” is ubiquitous throughout the field of Recreation and Leisure Services and requires programmers to have the ability to defend and rationalize every dollar proposed to be spent;
- Remember the magic Equation: Revenue minus (−) Expenses Equals (=) PROFIT
- The ways in which organizations generate revenue can vary widely and will be informed largely by the sector under which the organization falls.
