There are many ways where you can effectively plan your parties or events. One of them is by utilizing an event budget by using a template in Microsoft Excel. Even after using this type of budgeting tool, there are a lot of things to consider. You will have to do some surveys of the fees that you have to pay for your events. After that, then you can start to do the budgeting for the event itself. Not only that, but you will also have to consider if you are going to invite people that are out of town, their accommodation and their transportation tickets also. With all the budgeting that you have done, you will still have to make a backup budgeting plan too just in case something goes wrong.
If you are wondering what are all the things that you have to survey for your events. Here are some of them that you have to keep in mind. All of them need to be included, from the licensing of the event (especially during this pandemic situation), publication licensing, taxes, decorations, food and beverages, and many more. Most events will need some kind of licensing especially if you are going to create quite a big event. For taxes, most likely it will be a straight 10% tax especially if you are going to have your event in a public place. Other than that, for the decoration, venue of the event and food and beverages will need to be considered to be included in your event budgeting template.
Other Samples of Event Budget :
What would be the reason for creating a budget for your event? It is simply so that your event won’t be over-budgeted and the event could run smoothly. You will also be able to allocate the fees needed for each department. After that, you will be able to prioritize which ones are more important to take care of first. This is to ensure that the preparation of the event will run smoothly. If there is anything that needed to be changed or revised, it can be done in 1-2 days before the big day. To download this type of template, you can click on the free download link provided at the bottom of this page too.
Event Budget Template | Excel – download
