Budgeting for your event
Make sure you write a checklist of all of your expenditure and how much money you realistically expect to raise and keep your checklist updated along the course of the event.
Using a simple checklist like the one below will make sure that you do not overspend.
(a) Forecasted Expenditure
Item of Expenditure
Venue/Room Hire:
Printing/advertising:
Food Costs:
Entertainment Costs:
Postage:
Stationery:
Total Cost = (a)
(b) Forecasted Income
Item of Income
Sponsorship:
Ticket Sales:
Donations:
Raffle/Tombola:
Auction:
Drink/Food Sales:
Total Income = (b)
(c) Total Forecasted Fundraising for Event
(b) – (a) = (c)