Variations
Training budgets have other possible variations.
Fee variations
- You may wish to give scholarships (effectively fee discounts) to attract highly gifted students or to help worthy students in cases of hardship.
- You may reduce the fees for spouses of full-time students
- You may wish to encourage auditors (people who go to listen but are not assessed for credit)
- You may give fee reductions to staff.
Windfalls
Unless you expect significant income from these sources, you will probably count them as windfalls.
- Selling materials and recordings
- Licensing the program to other providers
When you get bigger, these may regular become part of your regular budget.