What should I include in a charity run budget?
When creating a budget for a charity run, consider including expenses like venue rental, permits, insurance, marketing, and supplies.
What about income? How can I estimate that?
You can estimate income from registration fees, sponsorships, donations, and merchandise sales. It's good to research similar events for benchmarks.
How do I handle unexpected expenses?
It's wise to set aside a contingency fund, typically around 10-15% of your total budget, to cover any unexpected costs.
Can you give me examples of marketing costs?
Sure! Marketing costs can include social media ads, flyers, posters, and promotional materials. Don't forget to factor in any costs for online registration platforms.
What if I go over budget?
If you go over budget, review your expenses to identify areas to cut back, and consider reaching out to sponsors for additional support.
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