Fundraising Consultant
Startup Costs: $50,000 - $100,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
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.
The Market
567
Needed Equipment
567
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