Street Market Commerce Report - November 18th, 2012 - $234.80

Table Rental = $166.00

50/50 Draw = $32.86

Coffee/Juice = $35.94

No Bannock

No DNC Sales

Despite the bad weather, we faired quite well... mostly due to the great effort on Thursday by Rob M, Robert F, Rocky D, Glenn F and Jacek L to go down to the Lux and put together working tents out of all of our broken ones.

Looking at the graph (attached) one can clearly see that table/tent rentals was a record day. The previous best day was two weeks ago, also a rainy day!

Major expenses since the last market day were...

(charged to commerce petty cash, not out of VANDU administered grant)

1) $50 for tent fixing

2) $14 to Richard C for postering for the vendor meeting

3) $50 for new plastic signs 

4) $20 for more coffee

5) $25 to Kelvin for left over bannock from last week (unsold)

6) $50 for 4th installment of payment on tent loan from VANDU

According to my estimates, we have $388 in our revenue generated petty cash box.

I also estimate that we have $6,000 left in the VANDU administered grant. We now run out of money in the beginning of February at $500 per week.

Since the next grant from the city does not come until mid march, we need to trim our spending, or get a bridge loan of about a minimum of $2-$4k to survive the gap from Feb to March. Since we should be assured of a funding yes or no by then, this does not seem impossible (right VANDU?, hint hint).

Just as a matter of discussion, the revenue generation experiment has produced over $7,100. About $4,400 has been eaten up in the cost of doing business, with about $1,500 of that being labor ie) extra capacity. Over $1,800 has gone to capital improvement purchases - tents, tables, etc...

Not too bad considering this was done with no starting money. 

That's my report. If anyone has the emails of more of the street market committee, let me know and I will include them.

Cheers,

   Roland