Saturday, May 28, 2011

Easy Fundraising for School

School Fundraiser: The Productivity Of Your Fundraiser

            To continue the activities of non-profit organizations such as sports teams, charities and school clubs, they need funds. The funds that these groups need are based according to how big their activities are; the bigger the organization the bigger the needed funds. There are numerous ways for them to get the funds they need. One of the most effective ways to raise funds is to organize a school fundraiser.

            Through a school fundraiser you can effectively get the funds you need as soon as possible especially when the school’s administration really needs it. You might be searching for the best fundraiser idea around but some of them are not suitable for your goals and objectives. It’s not also necessary to follow every step of any previous successful fundraiser in order to be successful. There are certain factors that are needed to be considered first since not all fundraisers work the same. There are two things that you need to take into account so you can fully understand how a fundraising campaign works. The first thing to consider is to be familiar with the sales percentage of your chosen fundraiser idea. You must estimate the expected overall expenses of the fundraising campaign and also its returns so that you can easily decide if it is worth the effort or not. Ensure that your income is much higher than the overall expenses if you want high profitability for your fundraiser; 2 times higher is highly recommended. It is also recommended that you have experience in financial management or knows someone in your team that does. Otherwise, you can hire a person that has this experience so they will be responsible for all the financial aspects of your fundraiser. If you’re having trouble finding a person with such experience, you can hire a fundraising company since they already know how to do these kinds of tasks. But your fundraising company should know all parts of your fundraising plan so that they can help you even further. The company you hired will also be your supplier for your fundraising needs, most especially your products since most fundraising companies nowadays now offer fundraising products. Be like a businessman that sets all financial aspects a top priority since your main goal is to make money for your cause.

            Ensuring that every product you sell for your fundraiser is worth the amount for your customers to buy is another aspect to consider. Most people don’t buy items that are worthless, so sell items that are worth every penny. Always consider the quality of your products. Check if they are of high quality. To avoid low quality products, purchase from a trusted supplier that offers high quality products so you can easily sell them to your customers as well as a chance to have numerous repeat sales. Having repeat sales are vital for the success of the fundraiser since this is an indication that your customers are satisfied of the products and services you offered to them. To retain repeat sales, you must not only keep the quality your products to maximum but you also need to price them properly.



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