Most schools and non-profits do not receive enough funds to run the programs they have in place. Each year, local and federal government bodies are looking for ways to cut spending and they are not always favorable on educational and not for profit organizations. As a result, they turn to fundraising companies, but these businesses are not all the same. Here are some of the things you may want to avoid and tips for finding the best services, before you plan your next event.
Dine Out Fundraisers
Some fundraisers provide a small portion of sales to people that eat in a certain restaurant or eating establishment. For example, on a specific night between the hours of 5pm and 7pm, a local burger shop may donate ten percent of sales to the school. This can make money, but it greatly limits your earnings potential. You may need to use several fundraising companies to meet your goals.
Big Prizes to Kids
Some fundraising companies still have large school assemblies and promise kids fabulous and expensive prizes for selling products. Most of these services make an enormous amount of profits and the chances of winning really great prizes are quite slim. This can lead to a great deal of frustration and heartache for the kids.
Up Front Costs
Many fundraising companies offer promotional materials at a cost. This is a bad idea because profit margins may be so low that promotional costs make it very hard to meet fundraiser goals. It’s best to choose companies offering free promotional materials with no upfront costs.
Choosing the Best Fundraiser
Ideally, the best fundraising companies are willing to work with the school or organization. They offer a wide selection of affordably priced products to induce customers to buy. They do not charge for promotional assistance like online marketing, signs and flyers.