The Otium Analytics Financial Operational Model provides an assessment of a facility’s anticipated operations and utilisation. The model considers the facility’s catchment, anticipated revenue streams, programming, membership, staffing structure, overhead expenses, additional costs (such as pre-opening expenses and add on costs), accounts for CPI and business growth over a 10-year period.
The key model inputs include:
- Anticipated revenue sources, which could include class income, membership, leases, admission fees etc.
- Programming of spaces
- Overhead expenses and distribution
- Staffing levels and wages
- Business growth.
The model outputs include:
- Overall operating position, income per activity space, expenses per activity space
- Total anticipated visitors per activity space
- Revenue and expense per visitor
- Total FTE and wages.
