In the business plan the consultants’ estimate of club membership is as follows:

The consultants also estimate membership fees as follows:

No. of members Probability of occurrence Year 1 Year 2 onwards 300 600 0.15 400 700 0.20 500 800 0.30 600 900 0.20 700 1,000 0.15 Membership fee Probability of occurrence Year 1 Year 2 onwards

£200 £300 0.15

£250 £350 0.20

£300 £400 0.30 £350 £450 0.20 £400 £500 0.15