Booking: A place someone has agreed to buy.
Capacity: The number you can safely and lawfully serve.
Cash flow: When money actually comes in and goes out.
Contribution: The fee left after costs caused by one extra booking.
Deposit: Money paid before the full bill is due.
Fixed cost: A cost that stays the same within the stated plan.
Occupancy: How much of your available space is used.
Reserve: Money kept for a known duty or an unexpected problem.
Roster: A current list of people and their assignments.
Safeguarding: Steps that protect people from abuse, neglect, and unsafe conduct.
Variable cost: A cost that changes when the number of guests changes.
Break-even: The point where the modeled income covers the modeled costs. Break-even does not necessarily repay startup spending or leave the owner a profit.