How to Prepare a Budget Proposal

Preparing a professional, successful budget proposal involves using a computer spreadsheet program to organize your numbers and create an easy-to-read presentation. You will also need to write a brief description of each item and a justification for your budget request to give the reader more information on which to base his or her decision. The following steps will help you prepare a successful budget proposal.

Things You'll Need

  • Computer Spreadsheet program Word processing program
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Instructions

    • 1

      Open a spreadsheet program on your computer. Create columns for the items to be included in the budget, a second column for the costs of those items and a row at the bottom for the totals.

    • 2

      For a yearly budget, create columns for each month's expenses, with a final column for the yearly total. Across the bottom row of the spreadsheet, calculate the total expenses for each month.

    • 3

      Open a word processing program on your computer. Create a document that will become your finished proposal. Write the first section as a background to your proposal, describing your previous successes or the accomplishments of your department.

    • 4

      Format the numbers in the spreadsheet so that the totals are in bold print. Select the entire spreadsheet, copy it and paste it into your word processing document.

    • 5

      In your proposal document, write a justification for each of the budget items. Include a brief background of the usage and a description of the future need for each item.

    • 6

      Conclude your proposal by addressing the need to continue operations at the level indicated by your budget spreadsheet.

Tips & Warnings

  • When calculating costs, add an extra 5 percent to 10 percent, and use that figure in your proposal. It is easier to negotiate down than to have to request more.

  • Double-check all figures and write-ups to ensure they are accurate and speak to the reader, whether that is the budget director, a supervisor or the company president.

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