How to Start a Small Business
Starting a Fundraising Business
Starting a fundraising business is a rewarding experience as long as you separate yourself from the competition. We offer nuts-and-bolts information to develop the business successfully.
Thinking about opening a fundraising business? We tell you what you need to know to get started.
Best Fundraising Company Business Plans
As a startup small business owner, you need to have a business plan you can rely on for both external and internal purposes.
At the end of the day, your fundraising business can't afford to skate by with an inferior business plan. Why? Because there are a multitude of reasons why your company can't succeed without a sound business plan.
From a business ownership perspective, that makes business planning your first priority - and not a task that can be assigned to the back burner.
Don't Ignore the Competition
Prior to opening a fundraising business in your area, it's essential to determine how strong the competition is. Try our link below to generate a list of competitors in your city. Simply enter your city, state and zip code to get a list of fundraising businesses in your town.
Before you open up shop, make sure you know what you will offer to your customers that provides a significant advantage over your competition's offering.
Learning More About the Industry
As part of your due diligence on opening a fundraising business, it's essential that you speak with somebody who is already in the business. If you think owners of nearby fundraising businesses will give you advice, think again. What's in it for them?
Fortunately, somebody who runs a fundraising business in a different city will be much more likely to talk with you, once they realize that you are not going to directly compete with them in their community. In fact, they are often very willing to share startup advice with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
How do you find an owner of a fundraising business in another community?
Here's one way to do it. Just use our link below, find somebody and call them.
Advantages of Using a Business Broker
Business owners are decision makers. And the first decision you'll need to make is between a fundraising business startup and an acquisition. In most cases, there are compelling financial and practical reasons buying an existing fundraising business.
If a business purchase seems like the right move, your first step should be to contact a qualified business broker. Why? Because business brokers offer several advantages to fundraising business entrepreneurs.
By leveraging the skills, expertise and network of a first-rate business broker, you eliminate the hassles commonly associated with the business buying experience.
Don't Forget About Franchising As an Option
As an entrepreneur, your chances making a success of your new business are greatly increased when you opt to franchise and benefit from the prior work of others and their lessons learned.
Prior to making the decision to open a fundraising business, you would be wise to assess whether franchise opportunities in your space might make sense for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
Entrepreneur Interviews
These interviews should be of interest to you.
- Interview with Desiree Vargas, Founder of GiveForward.org
- Interview with Jaclyn Foutz, Founder of Human Tribe Project
Related Articles on Starting a Company
These additional resources regarding starting a business may be of interest to you.
Share this article
Additional Resources for Entrepreneurs