Setting Your Fundraising Auction Budget
Earlier today, I received a request from someone who had downloaded and read our eBook, The SchoolAuction.net Guide to Running a Fundraising Auction. She was very nice; said she found it really helpful, but that it was missing one thing: a template she could use to set up her fundraising auction budget.
My wife would NOT be surprised that this didn’t make it in to the book. I tend to be a lot more focused on the top line than the bottom line. But it should have been in there, and will be in the next revision.
Off the top of my head, I came up with this list of major line items that need to be in a fundraising auction budget.
- Venue Rental
- Catering/Bar
- Decorations
- Auctioneer
- Software annual plan fee
- Payment Processing Fees
- Printing (invitations, bid sheets, bid paddles, etc.)
- Audio/Visual
Some other items you might need to include would be:
- Computer/Printer rental
- Event Planner fees
- Mailing Expenses (if you mail invitations or catalogs)
- Event-night staff
- Raffle permits and prizes
What did I miss? Let us know in the comments…
