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Budgeting for sustainability – How to develop a successful budget for your...
Tue 25 April 2017, 10:00 – 16:00 BST
Budgeting is essential for the sustainability of voluntary organisations. In today’s difficult economic climate, organisations that achieve success are those that are able to develop sound budgets and make informed strategic decisions about the financial viability of their organisations. Preparing a budget helps you to plan your spending and your fundraising and to be realistic about what you can afford to do.
This workshop will take you through the budgeting process and equip you with the understanding you need to develop budgets that could help you apply for grants and manage your finances effectively.
the meaning and purpose of a budget
the difference between direct and indirect/overhead costs and their relevance to the budgeting process
costing your project accurately using thefull cost recovery approach
what funders look for, in budgets for project funding
learning how to manage your budget
the common pitfalls in the budgeting process and how to avoid them.
We expect you to:
understand the concept of budgeting and its importance to the sustainable growth of their organisations
gain the tools and insights to craft budgets that could stand up to the scrutiny of funders, the board and external regulators
be able control a budget to avoid over-spends enjoy an interactive session in a friendly and open atmosphere.
You will receive a budget template that you can immediately use to effectively prepare and present a full cost recovery budget.
Who should attend
This workshop is for staff, trustees or volunteers of charitable organisations who are new to, or have limited experience in preparing and managing budgets for internal financial control or fundraising purposes.
The workshop is free to attend but places are limited so please complete the online booking form to reserve your place. If you have any access or special dietary needs, or would prefer further information about the workshop, please contact Sam Obeng-Dokyi either by phone on 07841 561 632 or by email to firstname.lastname@example.org.
Please note: in the event of a no show without at least 24 hours notice of cancellation, we reserve the right to charge a fee of £50.00 per person to cover our costs.