Finally, someone breaking it down to brass tax. I like it.
Thanks hobbit.
Ps. I think it should be spread over a short period as Imurg posted though, I’d hate to stump a cost up only to realise I didn’t like the product I’d been sold.
Spreading it is a good idea. If the budgeting/forecast is a rolling 5 year plan, it’s possible to factor in Joe Bloggs only paying £350 in year 1 instead of £1,000. It looks like there’s a £650 deficit but there isn’t because Fred Bloggs is paying his 2nd £350 and Mick Bloggs is paying his 3rd £350. By pitching the joining fee slightly high, wrong terminology, you can cover those that only pay £350/£700 then leave.