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...Gw II. EGBDF / FACE...
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Welcome to Guitarweek!
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The end of 2006 is here and the numbers show that guitarweek continues to grow, When everything is in low numbers then the resulting increase can be somewhat bloated or even severely thinned. This report is kinda for our own reference, for tax purposes, and for projections, With that said here is the basic financial data for the years end of 2006...
$152.65 - 2005 revenue
$213.7 - 2006 revenue
39.99% increase in revenue
$823.81 - 2006 expenses
$-610.11 - 2006 net revenue
2 members - 2004
35 members - 2005
43 members - 2006
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80 Total Members
22.86% increase in memberships...
These figures are not a stable factor in determining our growth. Revenues from 'memberships' will eventually maxout and should not be factored in at all when projecting future results, Our future goal is to establish revenues through sale of merchandise and membership fees are meant to act as seed money to get to that point...
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