Know Your Numbers
One mistake that can cost you greatly regarding time and emotion is not dedicating enough time to ensure that you are starting your support-raising process with the most accurate numbers. Do you know if the budget you have is 100% correct? Because you don't want to enter the process with the initial number only to later find out it wasn't sufficient, this could be emotionally draining. Additionally, it could damage your credibility with those from whom you are requesting funds. Budgeting accurately demonstrates diligence and attention to detail.?
Therefore, ensure you allocate the necessary time to establish the correct budget to communicate your needs. Once you have this number, I recommend raising an additional five to ten percent for miscellaneous and overhead expenses to safeguard against any unforeseen circumstances.