How to prepare your fundraising budget
Raising money for a non profit isn't always easy, as a matter of fact, sometimes it's down right hard but here is the beautiful truth, It can be done. All you need is a plan and the ability to stick to the plan
PREPARE YOUR BUDGET
It is no secret that fundraising events will generally require an initial investment. However, knowing how to manage your financial resources cleverly can make a world of difference for the better.
STEP ONE, BUDGET:
Write down an estimate of your costs. Once you’ve made note of all costs and estimates, you can begin to plan out the possibilities of revenue.
STEP TWO: PLAN FOR THE UNEXPECTED EXPENSES
Emergency costs can arise, so it’s always better to have a “rainy day fund” that you can use.
STEP THREE: PARTNER UP
Connect with your local businesses and community leaders. Offer them partnerships as a way to share the expenses of organizing the event.
PREPARE YOUR BUDGET
It is no secret that fundraising events will generally require an initial investment. However, knowing how to manage your financial resources cleverly can make a world of difference for the better.
STEP ONE, BUDGET:
Write down an estimate of your costs. Once you’ve made note of all costs and estimates, you can begin to plan out the possibilities of revenue.
STEP TWO: PLAN FOR THE UNEXPECTED EXPENSES
Emergency costs can arise, so it’s always better to have a “rainy day fund” that you can use.
STEP THREE: PARTNER UP
Connect with your local businesses and community leaders. Offer them partnerships as a way to share the expenses of organizing the event.