Archive for March 2012
School fundraising is a lot of work, so it is important to use the money that you earn carefully. Without a plan your earnings will quickly disappear and your school won’t have much to show for all of your efforts. Here are four quick tips for maximizing the spending power of your school fundraising earnings.
Start with a Plan
Before your fundraiser even begins you should have a plan in place for the fundraising earnings. Your plan needs to be very specific. For example if your spring cookie dough fundraiser is going to earn money for your school’s music program you should decide exactly how this money will be spent. Dedicate the fundraising earnings to a specific purchase like new violins or a band field trip. Then you can determine how much money you will need to earn to achieve your goal. You can also set up a backup plan for the extra money that you may earn as well.
Stick with the Plan
Once a plan is in place you need to stick with it. Don’t use the money that you earned for new playground equipment to purchase text books or to pay for a teacher’s retreat. It is so easy to let fundraising earnings slip away by using them for other needs in the budget. If you need more money, plan another fundraiser; don’t use the money that was earned for a different purpose. When you stick to the plan you will see progress and will know where your earnings are going. When you just use school fundraising earnings like cash, they will quickly disappear and your efforts will seem like they amounted to nothing.
Maximize Your Earnings
It is important to spend every dollar carefully, whether you earn hundreds or thousands with each fundraiser. In addition to spending carefully, you can also earn more with each fundraiser which will make the money that you earn last longer and buy more. Work with reputable fundraising companies. Before signing up for any school fundraiser, carefully research each company that you are considering. Try to find a provider that can offer your organization high profit margins and a quality product. Remember that shipping charges, upfront fees and other expenses can take away from your profit potential, so keep these expenses in mind as you determine which fundraising company will bring your school the highest earnings. Once you have a great fundraiser provider in place strive to sell as much as possible as this will also increase your profitability.
Use Your Earnings Wisely
Fundraising earnings will go quickly, so find ways to make the most of every dollar you spend. If you want new playground equipment shop around and find the best prices or see if you could receive a discount by ordering other items at the same time. Also try to fulfill some needs for your school with donations. You may be able to get local businesses to donate food or gifts to a teacher appreciation lunch or school supplies for your classrooms. These donations will save your school’s money and will allow you to use your fundraising money for larger ticket purchases.
Fundraising earnings are hard earned, so make the most of them. These money saving tips will help you to make sure that each dollar you earn in the fundraising process is used to provide maximum benefit for your school.
Candy bar fundraisers can be a great way to earn money for your school. They are easy to plan and can be very profitable if done correctly. Here are five helpful tips that will help you to make the most of your next candy bar fundraiser and to earn as much money as possible for your school.
Don’t Order Too Much
Most of the time you will need to pre-order your candy bars and then sell them. This means that you must estimate how many candy bars you will need. It is important to calculate carefully because if you order too much you probably won’t be able to make any returns. Ordering too much can really cut into your profits.
Make Sure You Order Enough
While you don’t want to order too many candy bars, you will want to be sure to order enough. Many candy bar fundraising companies offer higher profit margins to those that order larger quantities of candy, so order as much as you will be able to sell. One great way to determine how much to order is to calculate how many candy bars each student will be expected to sell and then to order accordingly.
Store Your Candy Properly
Proper candy storage is essential for keeping your candy fresh and tasty. Storage is an important concern any time of the year, but it is an especially important concern during the summer months. Chocolate candy bars melt quickly, so they will need to be stored in a cool environment at all times. Before you order your candy think about how you will store it. Once the candy arrives at your school make sure that it is stored properly and that you educate students about properly storing their candy as well to reduce melting and product loss. Any candy bars that you can’t sell will be profits lost for your school.
Take Advantage of Prime Selling Opportunities
Once you get into selling mode you will easily find many places to sell the candy bars that you order. They are great additions to snack stands and vending machines. They can also be sold at sporting events, around campus and even around the community. Make sure that you familiarize yourself with state and local regulations so that you can take advantage of these great selling opportunities. For example in some areas there are restrictions about the type of products that can be sold on school campuses. In these areas you may do better selling healthy treats to students rather than candy bars, since candy bars might not be able to be sold at school.
Evaluate and Try Again
Once your candy bar fundraiser comes to an end you can learn important lessons that will improve the results of your next school fundraiser. Were you able to sell all of the candy you ordered? Do you wish that you had ordered more? What products sold well? Which products did not sell as well? The answers to these questions will help you to determine how to increase your profitability and results with the next fundraiser. Each fundraiser will get a little easier and your profits will continue to increase. If you need a great fundraising choice for your next school fundraiser, consider candy bar sales. It is an easy and fun choice that can really earn great profits for your school.