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.
Business At A Glance
Fundraising Consultant
Startup Costs: $50,000 - $100,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Use your sales and financial experience to be a fundraising consultant.
Business Overview
Acting on behalf of charities as a fundraising consultant can earn you as much as $100,000 per year, of course providing you have the skills and abilities to raise funds for the charities that your service represents. The first step required for establishing a fundraising service is to build alliances with local or national charities to represent the charities as a fundraising specialist. The next step is to establish a fundraising program for the charity, similar to a business plan. The plan or program should outline how the funds will be raised, as well as the fee you will charge for your service. Typically, fundraising consultants charge a commission for services based on a percentage of the total amount of money raised, and the commission rate will range from 10 percent on amounts in excess of $100,000 to percentages as high as 50 percent for amounts under $1,000. As lucrative as the business sounds, remember the cost to establish, advertise, and manage the fundraising program comes directly from the fees charged for providing the service.
Related Articles
How to Start a Consulting Business
Everyone has an untapped reservoir of knowledge. Put yours to work for you as an independent consultant by teaching your skills to others.
Related Franchises
Manufacturing Management Associates
Manufacturing consulting
Browse Business Ideas by:
|
Search Business Ideas by:
Required
Select Category:
Required
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.
Select Startup Cost Range:
About costs
|