mspibb
Gold Member
- 342
At conference a couple of years ago I met someone who said she does fundraisers as a regular cooking show. All the orders are paid in full. She chooses one person to get the "free" product (although that person has paid for their order). By doing it this way the amount that is owed on the show is less than the money collected. She then pays back the difference as the group's earnings-which gets the group around 25% (She makes their cut 25% even if she has to pay a small amount)
I really couldn't wrap my head around this but I just took my $1600 fundraiser and created a test cooking show. I entered all the orders into the cooking show. The free product value was $265 for the show. I still had one large order that I put in as the free product value and then took a couple of small items off another order to make the free product come out even. When I took the difference between the total money collected on the fundraiser and subtracted what I would have owed on the cooking show it was $6 from being 25%!
anybody done a fundraiser this way?
I really couldn't wrap my head around this but I just took my $1600 fundraiser and created a test cooking show. I entered all the orders into the cooking show. The free product value was $265 for the show. I still had one large order that I put in as the free product value and then took a couple of small items off another order to make the free product come out even. When I took the difference between the total money collected on the fundraiser and subtracted what I would have owed on the cooking show it was $6 from being 25%!
anybody done a fundraiser this way?