Develop a budget for the theater
Make a list of expenses, as well as potential income. If you own a theatre, you may need to pay for the upkeep of the space. Some businesses need money to keep the theatre clean and in good condition. You may have to pay rent and insurance for a rehearsal and performance space. Some theater businesses may need to purchase or rent lighting and sound equipment, sets and properties. If you produce a published play, you may need to pay royalties to the publisher.