One of the fastest ways to raise money is through fundraising. But how?
While there is a long list of fundraising ideas that non-profit organisations use to generate funds for their respective causes, only a few of these ideas are proven successful in reaching the fundraisers’ financial goals.
If you are planning to conduct a fundraising, it is best to stick to convenient and profitable options to ensure that your fundraising goals are met.
Learn more about these easy fundraising ideas by reading the discussion below.
What Is the Most Profitable Fundraiser?
There are many factors to consider when determining the most profitable fundraising ideas. These include the amount of money that needs to be raised, the number of people who can be reached and the amount of time and effort required.
Fundraising ideas that are often considered very profitable is selling products or offering services. Services like car washing, yard sales or bake sales require more time and effort but can reach a larger audience. However, you need to attract more people to generate a lot of revenue.
Fortunately, there are other available options worth considering, and these include the following:
This is one of the most commonly used fundraising ideas. It would help if you would look for donors, such as local businesses, philanthropists and artists, to donate items that you can offer for auction. The proceeds from the auction will then form part of your or the organisation’s fund intended to further a particular cause.
There are various auction formats you can use. You should choose one according to the type that will suit your needs.
Live Auctions. In a live auction, there’s an auctioneer running the bidding process. They call out the auction items and guide the bid amounts. The guests raise bid paddles or call out amounts to catch the attention of the auctioneer.
Silent Auctions. In a silent auction, auction items are displayed on tables where guests can check them and put bids on. This type allows a casual social gathering wherein the donors and the staff can interact well.
Ballot Bidding. A classic paper-and-pen silent auction format, ballot bidding from the Helping Hand Group provides the guests with a chance to give their maximum bid. It keeps the audience engaged while encouraging them to bid their highest.
Online Auctions. As the name implies, this type is conducted online. As such, online auctions offer flexible runtime and allow you to obtain data conveniently.
At Helping Hand Group, we also run raffles using our electronic silent auction platform, which contains the auction item list and other event information. Guests also register and bid on this web-based platform.
Fundraising is an integral part of any project, big or small. This helps you find ways to raise funds to support your projects. To obtain the best results, you need to come up with a realistic budget. This will help you determine how much money you need and the type of fundraiser to use to raise that amount. Upon knowing the required amount, you can decide which type of fundraiser to use.
Ultimately, the most profitable fundraising idea will depend on your specific goals and fundraising needs. To determine which fundraising option is right for you, it may be helpful to consider your target audience, availability of resources and volunteers, and fundraising goals. With proper planning and the right preparation, you can find a fundraising idea that will help you reach your fundraising goals and impact your community.
What Is the Easiest Fundraiser?
Fundraising ideas can be a great way to raise money for your organisation. Some of the easiest fundraising ideas include selling baked goods or crafts, organising a fundraiser walk or race, and holding a fundraising event or raffle. You can also look into online fundraising platforms to help you get started. With a bit of creativity and effort, you can quickly raise funds to support your organisation.
How Can I Fundraise Money Fast?
When the immediate need for funds kicks in, the search for the best fundraising ideas that will enable you to earn funds fast always saves the day. Typically, these ideas could guide you in accomplishing your financial goals quickly. However, you need to select the most appropriate to obtain the desired outcomes.
One of the best ways to raise funds is by organising a fundraising event. This can be a fun day filled with activities or a more formal dinner and auction, such as a sponsored sporting event or a themed party. Whatever type of event you choose, it should be something that will appeal to your target audience so that people will want to attend and sponsor your project with their donations.
Helping Hand Group Auction Services: Lending You a Helping Hand
Do you need someone to lend you a helping hand to make your fundraising objective fruitful and successful?
We, at Helping Hand Group, can guide you on your fundraising ideas and offer you the best and most profitable ideas that also have a quick turnaround. With no worries on your end, we ensure that your fundraising event will get you somewhere to your cause.
Contact us today and learn how we do it.