Sempal-Bel Business Blog

Archive for the ‘Fundraising’ Category

Compared to cash contracts, which require payment against the physical delivery of goods immediately or after a specified period, a futures contract is a special type of agreement made strictly under the rules of a commodity exchange, which may or may not call for the actual delivery of goods and payment in cash on a future date.

According to Emery, a futures contract can be defined as a contract for the future delivery of some commodity without reference to specific lots, made under the rules of some commercial body, in a set form, by which the conditions as to unit of amount, the quality and time of delivery are stereotyped, and only the determination of the total amounts and the price is left open to the contracting parties.

Such contracts are meant exclusively for future settlement, though the exact date of the settlement is decided by reference to the wishes of the seller and the established rules of the commodity exchange. Such contracts do not specify the particular grade of a commodity, but impliedly refer to a basic grade called the contract grade, accepted as the common grade for all futures dealings. The details in respect to the amount, the time of settlement, the quality and so forth are mentioned in the rules and regulations, and are common to all such contracts. The contracting parties have to decide upon the price at which the contract is to be settled, sometime in one of the trading months specified by the exchange.

Futures contracts are made only in the ‘ring’ of the commodity exchanges, and not outside the exchanges. Only members of a commodity exchange can enter into such a deal. No outsider can become a party to a futures agreement. Such contracts can be made only in multiples of a fixed unit of trading. No such contracts can be made in fractions of these units.

Looking for good school fundraiser? Cookie dough sales are an easy moneymaker. What is a cookie dough fundraiser? The basic concept is the same as all order taker fundraisers. You equip your sellers with a brochure, an order form, and a basic sales script.

Your group does catalog sales of a three-pound tub of cookie dough. Average retail price is $10 per three-pound tub. The dough comes in a wide variety of flavors, including some that are sugar free.

Some suppliers are now offering the dough in pre-sliced packages to further simplify the baking process.

Others are offering it in a dry mix that doesn’t need to be refrigerated. All you do is add water, mix by hand, and you have your cookie dough ready for baking.

Profitability
Most fundraising companies offer the three-pound tubs of cookie dough at a 40%-50% discount. Some suppliers also offer a larger four-pond tub for slightly more.

Cookie dough needs to be refrigerated, so this fundraiser requires a little more delivery preparation.  Kids like selling this because it’s something that they enjoy themselves.

The average seller makes ten sales or approximately $100 in revenue. That translates to roughly $50 in profit per seller, which is quite good.

Factors affecting your cookie dough fundraiser profitability include freight charges, quantity discounts, quality of the brochure, number of available cookie dough choices, and the need to keep the dough refrigerated.

This product works well for both elementary school and high school fundraising.

Larger groups can easily earn a quantity discount above 50%. As always, do an RFQ fax quote to the supplier list and get your best possible discount up front.

Sales Tips
Here’s what they need to do to sell:

1 – Smile, use their name in greeting, and introduce yourself
2 – Use the power of “because” (give a reason why)
3 – Ask for their help (ask for the order)
4 – Make eye contact and suggest a favorite

Example sales script: (Keep it short & sweet)

Hi, Mrs. Johnson! (Smile & make eye contact)

I’m Jimmy Roberts from down the street. (Hand over sales flyer with large bold print)

Our school is doing a cookie dough fundraiser because we need new computers.

Can you help us out with a $10 contribution? That gets you a three-pound tub of cookie dough. My favorite is the chocolate chip, but peanut butter is real popular too!

(Pause and wait for a response)

The important points are to smile, use a sales flyer, use the word because, ask for their help, and suggest an order size, then wait for a response.

Each prospect has a potential dollar value to your organization. Don’t waste prospects by not being prepared. Make sure all your sellers know what to say and how to say it.

Incoming search terms:

• cookie dough fundraiser (1)

Perhaps nothing matches the enthusiasm and zeal of elementary school children. This carries over to elementary school fundraising events where young students strive to complete every assigned fundraising chore with determination and dedication. Teachers and parents participate and guide the children to ensure their hard work is successful and raises a lot of money.

Candy is a favorite of children, and candy makes a great fundraiser for elementary schools. Gourmet, Hershey, Maredy Candy are a few companies that provide excellent fundraising programs. You can find out more about the companies and the programs on the Internet or by calling the company.

Selling perfumed candles is a traditional way for children to raise school funds and the returns are quite good. Companies offer attractive brochures for customers to browse through and place orders. The company, in turn, gives a percentage back to the school.  Avia Candles, Botika Candles, and Christ’s Light Candles are some of the companies who offer a variety of attractive candles for fundraising.

Book fairs and carnivals are excellent ways to raise funds for elementary schools. School carnivals could include game booths, talent shows and bake sales. Sporting events with parent/child participation have also proven to be successful fundraisers for elementary schools.

An important point to remember with any elementary school fundraiser is the children participating need close supervision throughout the event – safety comes first above everything else.

One thing to keep in mind is that if elementary students want to fundraise door to door, a parent or guardian should accompany them.