Originally Posted by
Oricalcos
You would need to divide the areas of the LAN into several areas and have one or two people managing each one, with an overall manager. For example, you would need Networking, Catering, Setup, Support, Sponsorship etc. And then, you would most likely need to do Health and Safety assessments and then you would have to fund some of it before you sold tickets.
Say you had a 50 person LAN with and entrance of £40 (assuming 50 people in the current climate would spend £40 on a new event, although tens of thousand just spend £170 on a new music festival). If you sold out, that is £2000 revenue. From that, you will have to fund all of the spending on the above, as well as funding prize, event hire, security, wages etc. You will also need a good bit of profit in order to re-invest into future events and expand it, as well as make it less reliant on personal funding or loaned funds, which the first few would be. Plus if you don't sell all the tickets, you will likely make a loss.
This assumes it will be a freely open commercial venture. If it was ATK-only, then costs would be estimated, and then all costs simply split among all members, with no profit made.
EDIT - If you were to do this as a commercial venture, I would be more than happy help run the business-side of the event, such as spreadsheets, cashflows and budgets, since that's the sort of thing I'm into and kind of the premise of my Uni course.