Budget

For the open house, our client gave us $500 to work with. This money needed to be used between four different categories; food and beverage, decorations, marketing, and activities. To prevent spending too much of our budget, or not allocating enough of it, we came up with a budget that each category has to stay under. Our client chose the following limits in each category:

Food and Beverage: $215.94

Decorations: $72.68

Marketing: $95

Activities/prizes: $83.99

For each of these categories, we were able to stay under budget, but it was tricky for some of the categories. For example, we had plenty of money to spend on decorations and we were able to splurge, but we were very tight with the money we spent on food and beverages.