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Financial Year?

  • 21-08-2007 2:00pm
    #1
    Registered Users Posts: 147 ✭✭


    Hi

    I'm trying to organize sponsorship for 2008 to help me compete in motorsport. I was just wondering could someone tell me when the finiancial year starts and when are the 'quatars' we hear about? When is the best time to approach a company before they make their spending decisions for 2008?

    thanks


Comments

  • Registered Users Posts: 1,425 ✭✭✭digitally-yours


    Please correct me if i stand wrong here

    * 1st Quarter: October 1, 2006 – December 31, 2006
    * 2nd Quarter: January 1, 2007 – March 31, 2007
    * 3rd Quarter: April 1, 2007 – June 30, 2007
    * 4th Quarter: July 1, 2007 – September 30, 2007


  • Closed Accounts Posts: 11 Woof


    Approach them immediately - 2008 budget is probably already spent depending size of company. The bigger the company the bigger the spend and usually the quicker it is allocated for sponsorship.


    Financial year ends are when ever a company designates.

    Generally Qtr 1 relates to the first quarter of that specific company. i.e. if a company choses to have its year-end as 31st August, then QTR1 is the period from September to December and so on.


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