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Charity Auction Service

About Startup Costs

The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.

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Business At A Glance

Charity Auction Service

Startup Costs: $2,000 - $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.

About

Franchises Available? Yes
Online Operation? No

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If you're looking to startup in the nonprofit world, this could be the right business for you.

Business Overview

One of the best methods for charities to raise funds for their particular need is to host a charity auction. Typically, local merchants will donate products and services to be auctioned. The focus of this business startup is to organize the event and act as the auctioneer and solicit local business owners for donations of products and services to be auctioned. The best charities to build alliances with are local ones that serve the community exclusively. Note: An auctioneer's license may be required to operate this service, so check with local authorities.