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Try our fully loaded systems and get lost in the game. Determining Ticket Price 5. Generally when asked the question, "How much money would you like to raise at this event?
Having a realistic goal of how much money you would like to raise is the key starting point. It should determine the price of your entrance fee and the limit of your expenses.
Decide how much money you would like to make from this event. Draft a statement of your proposed Revenue and Expenses. Obviously the key is to maximize your revenue and minimize your expenses.
As fundamental as this concept is, most organizations disregard it when running one of these events. Revenues Revenue for a fund-raiser will typically take the form of one, some, or all of the following: Delegate the task of ticket sales to more than one person.
It is far easier for 20 people to each sell 10 tickets than it is for 1 person to sell tickets. Hold each of these 20 people responsible for the sale of their allotment of tickets.
This is usually your primary source of revenue and the financial success of your event depends on meeting your goal of tickets sold.
Find at least one table sponsor for each casino table being used and the sponsored amount should generally at least cover the table cost.
Encourage your sponsors to provide "gag" gifts that promote their business to be distributed at "their" table.
For example - a blackjack table sponsored by a dentist could give away a free toothbrush with the sponsor's name imprinted for each blackjack that is dealt.
Or, the dealer could be dressed in the sponsor uniform. Make your sponsors feel as though they are getting value for their donation and not only are they more likely to attend the event, getting a similar sponsorship the next year will be much easier.
Table sponsorship should cover at least the entire rental cost of the casino equipment and staff. This will vary depending on the "upscaleness" of your event.
Ticket prices and what people are getting for their money will generally determine whether guest's drinks are included in the ticket price or if they need to pay for them.
Typically, the more expensive the entrance fees the less likely you are to charge additional for drinks. On "drink inclusive" events a limited bar beer, wine, soda is suggested to curb costs.
On other events entrance fee usually includes two "drinks tickets" which are typically redeemed at a rate of one ticket for a soft drink and two tickets for wine or beer.
Additional drinks require the purchase of more drink tickets. Drinks can vary between being a good source of revenue to being a very large expense.
Manage your bar wisely. Rave Reviews From Clients. The feedback has been nothing but positive. I received several unsolicited comments from many people who could not say enough great things about the program and the facilitators.
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I do not know or have a budget.