Top tips

INTRODUCTORY OVERVIEW

start with costs that are easy to identify, such as wages and materials. Then tackle those costs – like stationery and phone bills – that are shared
to work out shared overheads, draw a small table noting key factors, such as number of people, office space used and worker time
don’t forget ongoing yearly costs, such as equipment wearing out and staff needing cover for maternity or paternity leave
voluntary and community organisations need to consider walking away or refusing contracts that are under-funded. As well as compromising the sustainability of the organisation, under-resourced services run contrary to the best interests of service users. They can also breach charity regulations

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