Project: The Craft of Business For Crafters
Start Date:
End Date:
Assumptions:
1 seminar weekly for 52 weeks
1 paid local newspaper ad for each seminar
Maximum mileage charged: 200 miles one way
Budget:
Newspaper ads: 52 ads X $8.00 $ 416.00
Mileage: 400 miles X 52 X .30 $ 6,240.00
Slide Projector: ** $ 300.00
Handouts: 1000 X .05 $ 50.00
Instructional Time 208 hours X 15.00 $ 3,120.00
Misc. Costs $ 174.00
Total Budget: $10,000.00
** I have already purchased this item in anticipation of using it in this project. It is not added into the budget.
The budget is pretty straightforward. You will notice I put a cap on how much mileage I would charge.
The question of time value is also discounted. In the majority of state grants, you make most of your money in mileage reimbursements.
State departments understand mileage deal with it on a daily basis. Most of them get reimbursed for their mileage when they travel on state business. They are in their comfort zone with this strategy.
Did you notice the asterisk? Nice step – yeah?
Now go on and start on your budget. Remember to stay within the funding levels established by your state. AND to stay within their comfort zones.
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