Lesson
Event Budgeting: Breaking Even
Summary
Understand how to manage event planning expenses in order to break even.
Activities
Bellringer: First Things First
- Given a budget to plan a party, where should you start?
Instruction
- Fixed vs variable costs
- Break even formula
Discussion: Battle of the Budget
- Imagine you're planning a Battle of the Bands and your budget needs to shift.
- Consider how you would adjust the budget last minute.
Activity: Prompreneur Project
- Have students continue working on the Prompreneur Project.
- Students may need to finish their progress in the Event Budgeting module.
Wrap-Up & Assessment
- What is the formula for breaking even on an event?
- What's the difference between a fixed and variable cost?
| Est. Time | Activity | Description |
|---|---|---|
| 5 min | Bellringer: First Things First |
|
| 8 min | Instruction |
|
| 7 min | Discussion: Battle of the Budget |
|
| 20 min | Activity: Prompreneur Project |
|
| 5 min | Wrap-Up & Assessment |
|
Lesson Prep
Prompreneur Project
Become your own prompreneur by managing the budget and logistics of the prom.
Event Budgeting
Make a plan for the event of your choice.
Class Presentation
Includes a 17-slide deck with teacher notes. Present from Banzai, download a PDF, or copy it to Google Slides.
Presentations, Ready to Go
- Built-in PresentationPresent full screen, straight from Banzai
- Copy to Google SlidesMake an editable copy for your class
- Download or PrintSave as a PDF or print
- Teacher NotesSlide-by-slide guidance, printable as one handout
Event Planning as Entrepreneurship
1
Event Planning
Planning and executing an event is a great way to start building key entrepreneurship skills.
2
Current Lesson
Event Budgeting: Breaking Even
Understand how to manage event planning expenses in order to break even.
3
Event Budgeting: Contingency Planning
Explain the importance of contingency planning when budgeting for an event.
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