Earning money for your school is a primary concern for almost every school fundraiser, but odds are that your school isn’t earning as much with each fundraiser as they could be earning. By increasing your school fundraising earnings you will have more money available to pay for art programs, after school sports, computer equipment and other essential items that your school needs. Let’s look at three reasons why your school may be able to earn more money on their next fundraiser.
Lost or Misplaced Orders
When your school is holding a catalog style fundraiser every order placed equates to profits. This means that every order is valuable. It can be so easy to misplace order forms and to lose out on these profits. This not only loses money for your school, but can frustrate purchasers when their items are not received which will discourage them from buying from your school in the future. When students turn in their fundraising order forms and money, make sure that you keep track of them. It may be a good idea to recruit a volunteer to help with this essential task. Being organized from the first day of the fundraiser will help you to ensure that you know who has ordered what.
Another similar problem can arise when students misplace or forget to turn in their order forms. One way to combat this problem is to allow students to turn in their order forms and fundraising earnings at any point during the fundraiser. Students won’t have to worry about losing their orders before the time comes to turn them in. It may also help to have all students turn in an order form regardless of whether they have made any sales so that you can be sure that all orders have been turned in before you place your school’s order with the fundraising company.
Wrong Fundraising Provider
Your fundraising company will play a big impact on the amount of profit that your school can earn with each fundraiser. If you aren’t earning as much money as you think you should, you may need to find a new fundraising company. Call a few companies and ask about profit margins. Remember that profits can vary depending on the type of fundraiser that you choose, so be sure to compare a few options within each company. Don’t forget to ask about shipping charges, handling fees and other fundraising expenses as these will impact your overall profitability.
Not Enough Fundraising
Many schools hold one or two fundraisers during the year. If you hold more fundraisers your school will earn more money. Consider adding a couple more fundraising opportunities to your schedule this year. If you already hold a cookie dough fundraiser, you may want to consider adding in a catalog sale or a candy bar fundraiser. Partnering with local businesses for a profit sharing night or holding a school wide carnival are other great fundraising ideas. Don’t limit your school’s profits to just one fundraiser.
Your school might be able to increase their fundraising earnings exponentially by simply instituting one or two of these great ideas. When you earn more through school fundraising you can provide a better quality education to your students.