This article was originally posted on the Glazier Coaching Blog.
An option to consider if you don’t want to run a sales or donation based fundraiser, one option is to hold and event fundraiser.
The short video from Glazier’s Fundraising Academy (Powered by Instaraise) walks you through some of the pros and cons. You can see the entire series of Fundraising Academy videos on Glazie Drive.
Pros
💰Has potential to generate significant revenue. You can get local business sponsors, donations, sell advertising, charge a ticket price for entry.
🎉Can bring the community together in one place at the same time to celebrate your team and show support.
Fun and can enhance team camaraderie
Cons
💦Demand extensive planning, coordination, and often months of work to plan. Need many volunteers and committees.Your volunteers need to be dedicated.
😲There can be significant upfront costs, so you will need to have money in your account.
🌧️The success of outdoor events are dependent on the weather.
🗺️The reach and scope of your fundraiser is limited to your local area.
💵Collecting and handling money securely can be difficult.
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