Canadian Cyclist - Sample Team Budget

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October 29/04 7:34 am - Sample Team Budget

Posted by Editor on 10/29/04

Sample Team Budget

Ed Arzouian, former manager of the Evian-Miko team in the early 1990s, recently sent us a sample yearly budget from the squad. It is instructive to see the break down of costs from what would now probably be a Division II professional team.

	1999	% of Total	January	February	March	April	May	June	July	August	September	October	November	December
Reveneues:
Sponsors	960000	0.9907	180000	$103, 750	90000	98750	100000	93750	90000	108750	95000	0	0	0
Prizes	9000	0.0093	0	0	0	500	2000	2000	2000	2000	500	0	0	0
Total Revenues	969000	1	180000	103750	90000	99250	102000	95750	92000	110750	95500	0	0	0


Expenses:
Salaries:
Top Rider	100000	0.1032	8333	8333	8333	8333	8333	8333	8333	8333	8333	8333	8333	8333
Second Rider	70000	0.0722	5833	5833	5833	5833	5833	5833	5833	5833	5833	5833	5833	5833
Third Rider	50000	0.0516	4167	4167	4167	4167	4167	4167	4167	4167	4167	4167	4167	4167
2 Riders @ X	80000	0.0826	6667	6667	6667	6667	6667	6667	6667	6667	6667	6667	6667	6667
2 Riders @ Y	125000	0.129	10417	10417	10417	10417	10417	10417	10417	10417	10417	10417	10417	10417
Development Team (4 riders)	24792	0.0256	2066	2066	2066	2066	2066	2066	2066	2066	2066	2066	2066	2066
Subtotal	449792	0.4642	37483	37483	37483	37483	37483	37483	37483	37483	37483	37483	37483	37483

Professional Services:
Full Time Employees (4)	140000	0.1445	11667	11667	11667	11667	11667	11667	11667	11667	11667	11667	11667	11667
Chief Mechanic	20000	0.0206	1667	1667	1667	1667	1667	1667	1667	1667	1667	1667	1667	1667
Masseur	10000	0.0103	833	833	833	833	833	833	833	833	833	833	833	833
Asssistant Mechanic	5000	0.0052	417	417	417	417	417	417	417	417	417	417	417	417
Subtotal	175000	0.1806	14584	14584	14584	14584	14584	14584	14584	14584	14584	14584	14584	14584

Benefits:
Group Insurance	20000	0.0206	1667	1667	1667	1667	1667	1667	1667	1667	1667	1667	1667	1667
Unemployment premiums	10200	0.0105	850	850	850	850	850	850	850	850	850	850	850	850
Pension Plan	6204	0.0064	517	517	517	517	517	517	517	517	517	517	517	517
Medicare	11400	0.0118	950	950	950	950	950	950	950	950	950	950	950	950
Subtotal	47804	0.0493	3984	3984	3984	3984	3984	3984	3984	3984	3984	3984	3984	3984

General & Administrative:
Equipment	12000	0.0124	1000	1000	1000	1000	1000	1000	1000	1000	1000	1000	1000	1000
Telephone	9600	0.0099	800	800	800	800	800	800	800	800	800	800	800	800
Office Equipment	8400	0.0087	700	700	700	700	700	700	700	700	700	700	700	700
Office & Warehouse	12000	0.0124	1000	1000	1000	1000	1000	1000	1000	1000	1000	1000	1000	1000
Insurance	1000	0.001	1000	0	0	0	0	0	0	0	0	0	0	0
Subtotal	43000	0.0444	4500	3500	3500	3500	3500	3500	3500	3500	3500	3500	3500	3500

Competitons:
Registration Fees	55600	0.0574	0	2400	1000	2000	27000	7000	7000	7000	1200	1000	0	0
Transport	95000	0.098	10000	8000	8000	5000	6000	15000	14000	13000	8000	8000	0	0
Food Allowances	41500	0.0428	1500	1500	6600	4500	3000	7000	6400	5000	3000	2000	1000	0
Housing	51800	0.0535	2000	3800	4000	3500	3000	8500	7000	8000	9000	2000	1000	0
Licenses	5000	0.0052	5000	0	0	0	0	0	0	0	0	0	0	0
Race Food	4500	0.0046	0	200	600	300	600	600	600	600	400	400	200	0
Subtotal	253400	0.2615	18500	15900	20200	15300	39600	38100	35000	33600	21600	13400	2200	0

Total Expenses	968996	1	79051	75451	79751	74851	99151	97651	94551	93151	81151	72951	61751	59551

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