Empty space
1x
2x
3x
Drag & drop  image files orbrowse to upload
Budget Proposal
Empty space
1x
2x
3x
Prepared for:
[Client Company]

Prepared by:
[Company Name]

Budget Proposal

Overview

Drag & drop  here
This Budget Proposal lays out all the necessary costs and pricing in relation to the project, [Project Name].

The details of which have been stated below:

  • [Reason 1 for Project]
  • [Reason 2 for Project]
  • [Reason 2 for Project]
Empty space
1x
2x
3x

About Us

[Company Name] has been in the business since [Year of Establishment] and widely recognized for [Products/Services].
With our intensive focus on quality and time adherence, we have an existing client base of [No. of clients] clients in notably [Industry 1], [Industry 2], and [Industry 3].
[Company Name] is looking forward to doing the project [Project Name] with [Client Company] and hope it meets the requested expectations.
Drag & drop  here
Empty space
1x
2x
3x

Mission

A commitment to providing customized finance solutions which [Mention the Benefits]. We are determined to produce the best through our determination and years of expertise.
Empty space
1x
2x
3x

Vision

Realizing the full potential of the [Product Name] and to drive a new era of [Mention Long Term Aspirations].
Empty space
1x
2x
3x

Our Team

Drag & drop  here
Drag & drop  here
Drag & drop  here
[Name]
[Designation]
[Qualification/Special Mentions]
[Name]
[Designation]
[Qualification/Special Mentions]
[Name]
[Designation]
[Qualification/Special Mentions]
Empty space
1x
2x
3x

Project Framework

We follow a step by step methodology to reach our end goal. Please find below the details of the plan:
[Thorough Description of Project]
Phases
Timeline
[Phase 1]
[No. of Days]
[Phase 2]
[No. of Days]
[Phase 3]
[No. of Days]
Empty space
1x
2x
3x

Statement of Need

This Budget Proposal is written to find solutions such as [State the possible solutions] to the problems such as [State the problems].
Empty space
1x
2x
3x

Advantages

Here are all the added advantages and perks of choosing us:
[Please mention all the advantages]
Empty space
1x
2x
3x

Market Feedback

Drag & drop  here
Drag & drop  here
[Client Name]
[Client Company]
[Client Designation]
[Client Feedback]
[Client Name]
[Client Company]
[Client Designation]
[Client Feedback]
Empty space
1x
2x
3x

Our Services

[Company Name] offers [Mention Focus Are of Service]. 
A detailed overview of our services is mentioned below:
  1. [Name of Service]
  1. [Mention Service Details]
         
  1. [Name of Service]
  1. Mention Service Details]
Empty space
1x
2x
3x

Budget Allocation

The break up for the expenditure is described below:
[Breakup] - Make necessary changes below

1. Direct Labour

Tip: Connect your google sheet and edit directly. Visit this link to know more: https://help.revvsales.com/docs/how-do-i-link-a-google-sheet-to-a-document
Title
Contractor/ Employee
Name of Contractor/ Employee
Rate in hours
Total Working Hours
Amount
[Details]
[Details]
[Details]
$ [0.00]
1
$ [0.00]
[Details]
[Details]
[Details]
$ [0.00]
1
$ [0.00]
[Details]
[Details]
[Details]
$ [0.00]
1
$ [0.00]

(Inclusive of All Taxes) Total: $ [0.00]

2. Equipment Materials

Equipment Description
Quantity
Rate per unit
Amount
[Equipment Description]
1
$ [0.00]
$ [0.00]
[Equipment Description]
1
$ [0.00]
$ [0.00]
[Equipment Description]
1
$ [0.00]
$ [0.00]

(Inclusive of All Taxes) Total: $ [0.00]

3. Travel and Miscellaneous

Expense Type
Description
Estimated Amount
[Expense Type 1]
[Description 1]
$ [0.00]
[Expense Type 2]
[Description 2]
$ [0.00]
[Expense Type 3]
[Description 3]
$ [0.00]

(Inclusive of All Taxes) Total: $ [0.00]

4.Summary

The total cost estimate can be tabulated as below:
Cost Element
Estimated Total Cost
[Direct Labor]
$ [0.00]
[Equipment and Material]
$ [0.00]
[Travel and Miscellaneous]
$ [0.00]

(Inclusive of All Taxes) Total: $ [0.00]

Empty space
1x
2x
3x

Terms and Conditions

  1. Payments: All forms of payments are to be done in USD through [Mode of Payment] upon acceptance of this proposal.
  1. Cancellations: Cancellation of all or part of this proposal must take place at least [Weeks/Days] prior to the next meeting.
  1. A normal fee of [0.00]% of the total quoted price will be charged if cancellation occurs at any time.
  1. Any modifications to the cancellation clause must be provided in writing and should be approved by both parties.
  1. If you cancel less than [Insert Number] days before the event, there will be no refund.
  1. Governing Law: The Parties agree that this Proposal and the Contract arising out of the acceptance of this Proposal shall be governed by the laws of [State]

Acceptance and Signature

You can provide your acceptance by signing below:
[Company Name]
[Company Signature]
[Client Company]
[Client Signature]
Signature
Assign signer 1
Name
Assign signer 1
Date
Assign signer 1
Signature
Assign signer 2
Name
Assign signer 2
Date
Assign signer 2
Empty space
1x
2x
3x

Thank You

Empty space
1x
2x
3x

Annexures

[Attach related files with this document using Attachment Icon on the right pane]
Empty space
1x
2x
3x
DISCLAIMER: Revvsales, Inc is not a law firm. The content provided herein is for general information purposes only, and does not constitute legal advice. Revvsales, Inc and its partners make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information mentioned hereunder. The use or reliance of any information contained herein is for your personal use and solely at your own risk. You agree to fully release and indemnify Revvsales, Inc from any liability associated with the use of this content. You are advised to obtain independent legal advice before taking or refraining from any action on the basis of the content provided here.
DISCLAIMER: Revvsales, Inc is not a law firm. The content provided herein is for general information purposes only, and does not constitute legal advice. Revvsales, Inc and its partners make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information mentioned hereunder. The use or reliance of any information contained herein is for your personal use and solely at your own risk. You agree to fully release and indemnify Revvsales, Inc from any liability associated with the use of this content. You are advised to obtain independent legal advice before taking or refraining from any action on the basis of the content provided here.

Free Budget Proposal Template

A budget proposal template is required regardless of the kind of business you run. It helps a company/business calculate the estimated costs and account for the upcoming expenses in a project. Use this carefully written budget proposal template to design single and bulk budget proposals suitable for your organization.

What is a Budget Proposal?

A budget proposal clearly lays out the financial budget strategy for a company, a project, or a campaign in detail. It helps in obtaining the necessary funding or finding the right investors for the completion of a project. 

A budget proposal includes: 

  • Details of the project

  • An elaborate list of expenses (including equipment support, hiring/employing resources, estimated travel cost, dependency on various other materials, and the expected spend on utility and rent, among many others.)  

  • Proposed budget 

  • Benefits of the project

  • Budget allocation for each category and more  

Why do you need to write a Budget Proposal? 

To make a fresh project idea a reality, you'll need the appropriate people on board.  While the deliverables for the project can be developed by skilled resources, to kickstart and complete a project, necessary funding is required. 

To get the appropriate financial support, you need to get your project budget approved by your investors and stakeholders. It’s like a marketing activity where you must present your budget proposal in the best possible light before them. This entails planning ahead and conducting research on your project concept. A budget proposal gives your business, stakeholders, and other parties involved a comprehensive idea of your project, the expected costs, etc. Some other benefits of having budget proposals are:

  • Gives detailed classification of the expenses

  • Provides financial transparency by giving an estimate of your spending

  • Sets the right expectations for the stakeholders

  • Gives insights on expected profits

  • Helps to compare with previous budget proposals and take a constructive decision

  • Expedites the negotiation and funding process

Why should you use Budget Proposal Templates?

A budget proposal is a critical document as it is key to getting your funding. It gives investors/clients a fair idea about the total amount needed by an organization for their different projects. Whether your project initiative will excel or fail may depend on how well your project budget proposal is written. And, to draft proposals from scratch means more research and effort, which can be daunting and labor-intensive. You can overcome such challenges, if you have professional budget proposal templates for aid. 

Following are some of the benefits you will get while using budget proposal templates:

1. Saves time to create single and bulk budget proposals 

The amount of research and labor to write a budget proposal from scratch is reduced because a proposal template/sample gives you pre-established themes and guidelines for arranging your information exactly where it is needed. This helps you save a ton of time and labor when writing proposals and ensures that the information provided is accurate and of the highest quality. You will also be able to create bulk documents faster when you use templates. For instance, if you need to create bulk proposals to pitch your company or a project to multiple investors or financiers.  

2. Eliminates miscommunication and ensures clear messaging  

A professional budget proposal template ensures that the right business budget information is provided. It ensures all the materials included in the budget proposal are written clearly and effectively, eliminating any chance of miscommunication, ambiguity, and disagreements between you and your clients. 

3. Reminds you to include all the costs involved in a project

When preparing a budget proposal, it might be challenging to recall each category of the cost you need to include. But a budget proposal template takes into account such scenarios and provides you with different cost categories where you can write the estimated spending details for your project’s expenses. 

4. Simple and quick customizations 

Be it small, medium, or large businesses, every organization needs financial help for implementing various projects. And for that, you need to create multiple budget proposals. Using a budget proposal template, the labor in creating and customizing your proposals can be reduced from days to a few hours! Since a proposal template is readily editable, you will be able to devise detailed proposals suitable for your request and needs.

Important elements that should be included in a Budget Proposal Template  

Now, you clearly know how critical a budget proposal is for your organization. Drafting an all-inclusive proposal can still be confusing. Hence in this part, we will discuss what are the key elements to be included while drafting your budget proposal. 

Overview

This is the number one section in your budget proposal where you need to mention your project, the reason for implementing it, along with an overview of the proposed budget request. 

About us

In this segment, you have to give a brief introduction about your organization, a general estimate of the number of clients with whom you have collaborated, and the categories of projects you have handled for them. It should be like a sample of your potential - a striking resume about your actual experience.

Vision

Herein, provide your actual plan or roadmap that aligns with your project and the direction you take as a firm. Give a brief description of what your company has set out to achieve and how you position yourself in the future. 

Mission

This section highlights your principles as a firm. It is all about your modus operandi. In other words, it should reflect your actual business objectives and a methodology to reach those goals you proposed in your vision.

Our team

Herein include the details of your team who will be working on the project, their designation, qualification, and their other achievements.  

Project framework

This is where you bring the reader to the same page. It gives a thorough description of the project and how it will be implemented, in what phases, and the total period (number of days/months/years) it will take to complete.    

Statement of need

This is where you need to explain the existing blockers or problems for which the whole project proposal and the respective budget request are raised. You need to also give a sound explanation (possibly with an example) for why you need your project to be greenlit.

Advantages

Herein tell the readers about the benefits your firm can bring to the table from the project.  

Market feedback/Testimonials 

To get money or funding for your project, it is important to build trust and credibility.  Impress your potential investors by showcasing testimonials from your best and most illustrious clients. You can highlight what kind of project you had undertaken for them and show a sample of how successfully they have been implemented. 

Our services

In this segment, you need to explain the different services you will be catering to as part of the project and the total impact they will have on the business. In the event of new requests coming in the future, you can also mention additional and specialized services that are offered. 

Budget allocation

This is the main part of the budget proposal where you will give the total amount for implementing the project. 

A detailed breakup of the expenses is written in precise table format for easier understanding of investors. 

The following cost category can be included in your proposed budget template:

  1. Hiring Resources: Give details for hiring employees or resources. You must also provide the exact number, total hours they will work, and salary allocated to them.

  2. Equipment support or materials required for the project: In this part provide equipment details and estimate the cost incurred to purchase or rent them.  

  3. Travel and Miscellaneous: You can include the data on the total travel and miscellaneous costs here.

  4. Summary: Whatever category of costs you have mentioned in the above parts, calculate the total amount for them and provide it here. 

Terms and conditions

It is an important section of a budget proposal wherein details of receiving payments, termination policy, and governing laws are mentioned.

Acceptance and signatures

This is the last segment of any budget proposal template. If all parties involved in the proposal are in agreement with the conditions mentioned, then they can readily accept and sign it.    

Secure funding with Revv’s ready-to-use Budget Proposal Template

If you want to be noticed by investors, your budget proposal should be impressive and should highlight you as a successful project implementer. The budget proposal should make it clearer for potential financiers why they should invest in your project. You can create compelling budget proposals faster and easier with Revv’s customizable budget proposal template. 

You can download Revv’s budget proposal template provided on this page and create beautiful budget proposals of your choice.  

Ready-to-use and customizable templates 

Revv’s budget proposal template can be completely customized to your needs with the help of the document editor. With a simple drag-and-drop feature, you will be able to add images, text, tables, integrate payment systems, and more. You can also connect Google Sheets to the template and import data to the document. 

Faster approvals and reviews 

A budget proposal contains a lot of information related to price calculations and other important data. To ensure all the price information is correct and error-free, oftentimes these proposal documents need to be thoroughly vetted. A company’s internal team head or manager can review the proposals before sending them out to investors.

With Revv you can send any budget proposal to the approval manager or other team members for their review and approval using the Check and send for internal approval feature. 

Seamless collaboration with colleagues 

If you want your proposal letter to be reviewed by your peer, or want some additional input from other internal department members, you can do it with Revv’s Notes feature. Collaborate in real-time with your teammates and direct it to them by tagging them using @mentions. You can even add public or private comments, or ask them to attach documents or images to your existing proposal document. The tagged person will receive an email notification for the same. 

Access your budget proposal template from anywhere

You can access your budget proposals anytime, anywhere, and from any device since Revv is a cloud-based document management and eSign platform. 

Safe and secure eSignature  

Revv makes your proposals legally binding with its bank-grade eSignatures. It follows all local and global laws such as ESIGN Act, UETA, and eIDAS, among others. 

Easy to track any activity on the budget proposal   

From the Activity tracking feature, you can easily track real-time happenings in your proposals.  

Get instant notifications

Revv sends auto-generated email notifications to both the sender and recipients, notifying them of the actions to be taken on the budget proposal.  

Generates Evidence Summary certificate for all signed proposals

Revv generates an electronic copy of audit trails in the form of an Evidence Summary for all eSigned proposal documents. Evidence Summary is a digital certificate that records each action taken during the signing process. It acts as legal proof in the event of a dispute in the future. A user can download the certificate for free.  

With Revv, design a direct, well-structured budget proposal to impress your investors. To know more, Sign up today!