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Develop your initial operating budget.
Be sure to include:
Income
Expenses
Regular Expenses, Fixed Costs, Capital Expenses, and Start-up Costs.
Budget Narrative
Include a discussion of how you arrived at your income and expenses
Define the following terms in your narrative
Income
Regular Expenses
Fixed Costs
Program Costs
Capital Expenses
Start-Up Costs
Include examples of the cost listed above from your nonprofit in your narrative.
You must use the Excel template given.
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