The second chapter of the theatre management book is about finding a performance space appropriate for the needs of your theatre company. Some things to consider when searching for a performance space are audience potential and public access. Also, theatre owners needs to consider whether or not they want to buy, rent, or share an existing space. There are a dozen different things that need to be prepared in order to open up a new theatre; including: theatre consultants, architects, engineers, management personel, construction teams, designers, and many others.
Another thing to consider is a budget. A budget should be figured out and agreed upon before the building/renting/sharing of a space begins. Without a correct and stable budget, a theatre could fall until in a matter of weeks. You also need to consider what type of stage you will require. If a company has a large number of members and is expecting an even larger turn out of audience members, then they will need a space that can accomidate all of their patrons.
The most successful way of finding a proper space is to simply find on fit to your theatre's unique needs. It depends on several different factors and no one theatre company is alike.
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