Negotiate a BUDGET.
December 14th, 2011 | 
Author: How you plan to spend money may decide whether you, your business or your school wins funding or not. A detailed budget must be submitted when requesting grant funds, after which months of negotiating can ensue. Negotiating a budget is just as important for a one-time event as for an ongoing activity.
Gather your data. When negotiating a budget, you must create an organized plan for the use for every penny of the money you are seeking. Have a written plan with at least one copy for yourself and a copy for the funding organization. Be prepared to justify your budget verbally or in a written presentation.
Summarize why you need the exact amount for which you have applied. Explain which parts of your program will suffer if you receive less than you requested. If you obtained funding for similar programs in the past, make sure the successes of those programs are part of your application.
By Charlotte Johnson, eHow Contributor
Posted in General