Question: Objective: To develop a comprehensive budget for the Annual Santa Shuffle charity run in support of the Salvation Army. This assignment consists of three main
Objective: To develop a comprehensive budget for the Annual Santa Shuffle charity run in support of the Salvation Army. This assignment consists of three main components: a OnePage Event Budget Overview, the creation of a new revenue stream, and a Comprehensive Budget in Excel. Submission Guidelines: Ensure all components are submitted in a wellorganized WORD and EXCEL document Use clear headings and subheadings for each section The assignment should be submitted electronically, in Brightspace on or before the due date. Components: WORD DOCUMENT: I. OnePage Event Budget Overview marks: Provide a brief description of the event, including its name, date, and location. Offer a concise overview of the event's purpose and significance. Explain your cash flow management strategy. Calculate the BreakEven Point: Clearly show the mathematical calculation indicating how many registrations must be sold to cover costs. II Create a New Revenue Stream marks: a Describe the new revenuegenerating activityidea: Clearly outline the details of the new revenue stream. Explain why this ideaactivity is a good fit for the event and its audience.b Add the new revenue stream to the event budget as an income stream.c Provide an estimate of the revenue it will generate: Explain the rationale behind the revenue estimate, citing any relevant sources. EXECL DOCUMENT: III. Comprehensive Excel Budget Sheet marks: Summarize your findings in an Excel spreadsheet. Income Section: Detail various income sources such as registration fees, sponsorships, and the new revenue stream. Expenses Section: List and categorize all anticipated expenses related to the event. ProfitLoss Summary: Present a ProfitLoss summary to be shared with event stakeholders. Additional Information: Cite your sources in APA format to support your research. The assignment will be marked based on the criteria outlined in the rubric, with a total of marks available. Be thorough and detailed in your explanations. Important Note: Failure to provide a Disclosure Statement if AI was used or proper citations may impact the overall assessment of the assignment and result in a grade of Ensure all information is accurate, wellreasoned, and supported by relevant sources. MarkCriteriaOne Page Budget Overview: Include a description of the event including the name, date and location and brief event description Explain your cash flow management strategy What is the Break Event Point for this event? How many registrations must be sold? show the mathCreate a NEW Revenue Generating ideaactivity Describe the new revenue generating ideaactivity to add to next years event and why it is a good fit for the event and audience. Provide an estimate of revenue it will generate and explain your reasoning behind that number. Excel Budget Sheet Summarize your findings in a spreadsheet Income Expenses ProfitLoss summary
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