For this assignment, you are to create a preliminary budget for your event using an Excel spreadsheet.Research your text, Web resources, and all course materials for estimated cost figures. Expenses would include fixed and variable costs.Note: To avoid major financial losses, income-generating sources will pay for the other 50% of the cost of the event.Include in your list all estimated expenses associated with the event.List at least 15 different budgeted items.Be sure to include all of the pre-event expenses, such as flyers (marketing), entertainment, equipment rental, and so forth.The biggest expense may be the food and beverages.
Include a comprehensive list covering all of these catering expenses.
There will also be expenses such as security, portable restrooms, sound system rental, portable stage rental, table and chair rental, signage, and banners.Calculate the numbers using rational estimations, and keep in mind that 50% has to be covered by your own created income generators (ticket sales, sponsorships, donations, and so on).To avoid major financial losses, list a minimum of 5 income-generating sources that will pay for the other 50% of the cost of the event.Provide detailed information on the income-generating sources, such as tickets, raffles, T-shirt sales, pre-event fundraisers, financial sponsorships, and so on.​