Budget - Sports Management
Importance of Budget
- 1. Needed for Planning future course overall activity
- 2. Organisation of Competition
- 3. Arrangement for Equipment
- 4. Preparation of Play Ground
- 5. Arrangement of Refreshment
- 6.Awards and Trophies
- 7. Officials
- 8. Guest
- 9. Publicity
- 10. Uniform and Dressing
Criteria of Budget
- Budget is a operational plan for define period of Time
- Knowledge of all Aspects of Expenses
- Budget should be on easy Format
- Knowledge about Expenses and Expenditure
Purpose of Budgeting
- Transitive / Objective into Expending Pattern
- Planing makes Derivation
- Allow and Utilisation of Finance/Money
- To Financial Success
Preparing of Budget
- Organisational and Structured
- Statistical data
- Chart of Account
- Managerial Support
- Formal Budget process and Procedure