Something I've not seen mentioned is checking with other venues nearby. Doesn't mean you need to match or undercut their prices, but it gives you a bit more grounding than the 'finger in the air' mentioned. It also means you make contact with other neighbouring venues, and where appropriate agree to send enquiries you're not able to help. Or suggest a group move too when they're no longer suitable at your building (ukulele classes being one example - three or four was o.k. over a dozen was more than a bit much.... especially opposite a Premises meeting! ) Yours in peace, Wendrie Heywood she/her MindfulBusinessServices.com Book a meeting with me <https://calendly.com/mindful-business-services> On Sun, 1 Oct 2023 at 20:54, Lancaster Quakers <lancasterquakers@gmail.com> wrote:
Hi all
At Lancaster i understand its the Finance Committee that considers and is ultimately responsible for deciding room hire charges. The Committee met about 2 days after I started (or possibly just before I started). I'm not sure whether the Warden is usually asked for any input.
The decision is taken approximately 3 to 4 months before any changes are made to make sure everyone's given three month's notice. We'll be increasing the charges by approximately 7% rounded (up or down as appropriate) to the nearest 50p for any booking from 1 January2024. Most of the rooms are therefore, increasing by 50p per hour, with only the most expensive rooms at the top charging 'band' increasing by £1.00. The % increase is slightly high because the 2023 increase was lower than it 'needed' to be to cover increased running costs. My understanding is that the decision process is something like interest percentage rate plus what the building costs to staff, run, and and maintain and then a bit of finger in the air rounding... I'm hoping next year I'll have a better idea of the decision making process and how it relates to budget setting and costs, as well as affordability and comparison to other venues in the city.
All the best
Tasha
Natasha Heny Warden Lancaster Quaker Meeting House Meeting House Lane Lancaster LA1 1TX
Lancasterquakers@gmail.com
On Sat, 30 Sep 2023, 17:13 Edinburgh Quaker Meeting House, < office@equaker.org.uk> wrote:
Hello,
Are any of you planning to put up your room hire charges in 2024?
What data will you use to guide this increase? Consumer price inflation index? Bank of England interest rates? Standing charges for electricity increase?
Or the not very scientific method of "stick a finger in the air and guess which way the wind might blow"?
Many thanks,
Miranda Girdlestone
Edinburgh Quaker Meeting House
-- Quaker Meeting House Tel: 0131 225 4825 7 Victoria Terrace Email: office@equaker.org.uk Edinburgh EH1 2JL what3words.com/cloud.renew.sport
Scottish Charity No. SCO19165 Religious Society of Friends (Quakers) in Britain: South East Scotland Area Meeting
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