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Published byQuentin Harmon Modified over 9 years ago
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The number one fundraising event. LKEP Tournaments By Elliot Langley
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For the last several weeks, I have been doing some research on a gaming tournament for our fundraising event. I think this would be most popular for us as previous tournaments have been a great success. Here are some reasons that the fundraising event would be most successful: It’s a fun day out Its different to most fundraising event Revolutionary Competition Simple Brings friends together Introduction To make sure that it would be successful, I did some research into the fundraising event. Here is a list of what I have done so far: 1.Brainstorm 2.Costs 3.Survey 4.Financial Model
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Brainstorm Before I started my research I did this mind map so I could see what I would need to specify in my fundraising event.
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Primary Research I conducted a survey to find out if people would actually want to come, the results were successful showing that the majority would like to come.
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Primary Research (2) Here are a few of the results that I got when I finished my questionnaire. I asked 27 people from my ICT group which was a reasonable amount for a small sample. The preferred price for the fundraising event was £2 which was reasonably sensible, although in second place, people would not mind paying £5 or more. So already I am making money just on the entrance fee. From looking at the pie chart, you can see that most people would prefer to spend 3 to 4 hours at the event. The weekend was the most popular choice to run the tournament as 14 people chose it, that’s over half of the sample.
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Money Matters To see if my fundraising event was going to be successful, I made a financial model which showed me how much money I would make; it showed me how much money I would make with the number of customers who would attend the event. Here is my Break even chart that shows me when I would start to make money depending on how many people attend the event. $ $ $
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THANK YOU
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