Summary: The Vanguard Advertising Department

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The biggest concern that we see coming up for the following two fiscal quarters is the performance from The Vanguard Advertising Department. The Ad department started off the year with a completely new team, all senior members had left at the end of Spring term. This has clearly affected the department to bring in the same amount of revenue as it did during the previous fiscal year. During the past two quarters (Q1 and Q2) Ad has brought in a total of $24,757. Anticipated earnings are on the conservative side with Ad expected to only earn 1.5x the amount of the previous quarters for the rest of the year. Ad should see an increase in sales during Spring term due to graduation advertising runs. Total expected Ad revenue is to reach $65,000, which
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