As a sidebar to our lighthearted #FeeFreeFriday, this post looks at small business ticket sales in a more serious tone. Recent legal developments in the states of Maryland and Florida need to be closely monitored by small and mid-sized venues. The outcomes will impact your ability to make money.
“Nah, nah, hey, hey, goodbye…” is the verse you’ll be singing after reading this week’s Fee Free Friday. Why? Because earlier this week the NHL waived all ticket fees on home games! Such a positive development is immediately offset by a “personal seat license” fee being a final insult to injury for Dallas Cowboy fans. Plus, Fee…
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4 Points to Consider Regarding Fees Venues, promoters, and organizations selling event tickets should understand the impact fees have on ticket sales. Ticket fees may be either a sales deterrent or a profitable revenue stream when your venue retains 100% of the fees collected. These factors should weigh in your decisions regarding fees: 1. The Impact on Profitability and…
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