How To Spend Your Research Budget Where It Matters

How To Spend Your Research Budget Where It Matters

Planning a budget for scientific research takes a lot of careful thought and consideration. This is especially true if you’re applying for outside funding. REUZEit is dedicated to providing you with surplus lab equipment so you can make the most of your research budget. While creating a budget for a proposal, there are a couple of key things you need to take into account to ensure you’re spending money where it matters.


Direct Costs

Direct costs are the activities or items associated entirely with the project or program. This may include project materials, program staff salaries, science lab equipment, and other fees that pertain to your research. These are usually hard costs that are easy to calculate using a simple spreadsheet method. This is typically the most painless part of the budget-building process.


Indirect Costs

Indirect costs include items that are associated with running the research as a whole. This is often referred to as “facilities and administrative” or “overhead” costs. Indirect costs include expenses like administrative staff salaries, rent, utilities, office supplies, etc. Indirect costs can be directly affected if your research is delayed. Calculating indirect costs can be very difficult, however it’s an imperative part of building your search budget.


Budget Essentials

Knowing what ticket items are essential to your research is the best way to prioritize your spending. If a surprise expenditure arises, having a list of the essentials and nonessentials can make budget adjustments less hectic. 


Save Money With REUZEit

Lab Equipment can be expensive, so knowing where to find lab supplies on a budget can save you a ton of money and help stretch your budget. REUZEit obtains new and used laboratory equipment and supplies them to our scientific community at a lower rate than traditional lab equipment distributors. We prioritize reliability and functionality in all discount lab supplies listed on the REUZEit website. Gently used biotech and pharmaceutical equipment are always inspected for performance, ensuring that your used lab equipment works as hard as you do for a fraction of the cost. For over 20 years, we have saved our customers millions of dollars on high-functioning equipment that fuels their research and development. 


Investing in laboratory equipment for your scientific research is a necessary cost, but it doesn’t have to be an expensive one. Money saved on one product can be used to finance another resource that is just as important to your progress. Harness the technology you need to fuel significant scientific research. Whether you’re searching for innovative chemistry lab equipment or looking to replace broken lab equipment, REUZEit offers low-cost solutions that work as hard as you do. Browse the best surplus and gently used biotech and pharmaceutical equipment on the market! Check out our USA-based store or our European Store to shop discount laboratory equipment.