Determined Posted September 16, 2016 Share Posted September 16, 2016 Hi! What would your pitch be to a nonprofit organization? Charity or commission? There's a couple churches in my area that have thrift stores. I was wondering what would be the best way to approach them? Link to comment Share on other sites More sharing options...
musser Posted September 16, 2016 Share Posted September 16, 2016 They are REAL charities, just pay them something. Link to comment Share on other sites More sharing options...
Determined Posted September 16, 2016 Author Share Posted September 16, 2016 You don't think that the nccs is a real charity? I also asked the question because I've been told once before that because it's "nonprofit" no one's technically allowed to earn money on the premises? So maybe it's a tough sell. Link to comment Share on other sites More sharing options...
rodney69 Posted September 16, 2016 Share Posted September 16, 2016 Charities themselves can't show a profit, but the people working there make plenty on the bigger ones Link to comment Share on other sites More sharing options...
Gunpowder Posted September 16, 2016 Share Posted September 16, 2016 1 hour ago, rodney69 said: Charities themselves can't show a profit, but the people working there make plenty on the bigger ones Actually not true. They have to spend a percent of their income. They can make money for their mission. Eved a profit over multiple years for their mission (Raise funds for a church expansion via a multi-year campaign) Link to comment Share on other sites More sharing options...
Gunpowder Posted September 16, 2016 Share Posted September 16, 2016 My recommendation if you want to expand your vending into these areas. Consider profit sharing. I once participated in a bubblegum machine profit sharing program with a local club I was a member of. The membership went out and found sites that the vendor incorporated into his route. We received a percentage check periodically. Eventually it fell apart as the vendor sold the route (or attempted to) multiple times and the buyers would back out. It made money but the buyers were ignorant of vending. Eventually it sold bu tthe buyer refused to pay us. I still find machines periodically with our label in the glass. At one time we had maybe 45-50 sites. All we added for a cut. I think it was only 15% Link to comment Share on other sites More sharing options...
rodney69 Posted September 16, 2016 Share Posted September 16, 2016 24 minutes ago, Gunpowder said: Actually not true. They have to spend a percent of their income. They can make money for their mission. Eved a profit over multiple years for their mission (Raise funds for a church expansion via a multi-year campaign) Right, but it's delegated towards the building. That's not profit, that's used for expansion. Link to comment Share on other sites More sharing options...
Determined Posted September 16, 2016 Author Share Posted September 16, 2016 4 hours ago, Determined said: You don't think that the nccs is a real charity? I also asked the question because I've been told once before that because it's "nonprofit" no one's technically allowed to earn money on the premises? So maybe it's a tough sell. I should have stated make money for personal gain. Link to comment Share on other sites More sharing options...
Determined Posted September 16, 2016 Author Share Posted September 16, 2016 26 minutes ago, Gunpowder said: My recommendation if you want to expand your vending into these areas. Consider profit sharing. I once participated in a bubblegum machine profit sharing program with a local club I was a member of. The membership went out and found sites that the vendor incorporated into his route. We received a percentage check periodically. Eventually it fell apart as the vendor sold the route (or attempted to) multiple times and the buyers would back out. It made money but the buyers were ignorant of vending. Eventually it sold bu tthe buyer refused to pay us. I still find machines periodically with our label in the glass. At one time we had maybe 45-50 sites. All we added for a cut. I think it was only 15% I've approached a couple previous charities with a plan like this and they didn't show much interest unfortunately. Link to comment Share on other sites More sharing options...
Zigzag Vending Posted September 16, 2016 Share Posted September 16, 2016 I just put a sticker machine in a kids museum and since they are a 501 (c) i just donate 25% of gross to them. I pitched 20% of any other machines added later, like toy or gumball, since COG can fluctuate quite a bit. But it's great because my daughter loves going there and they are looking to expand in the next few years to add more stuff and appeal to a broader age group and im proud to help. I would bet those stores would be great locations, just remember that it may be easier to earmark their cut as a "donation" as opposed to a "commission". For their paperwork. Link to comment Share on other sites More sharing options...
Determined Posted September 16, 2016 Author Share Posted September 16, 2016 32 minutes ago, Zigzag Vending said: I just put a sticker machine in a kids museum and since they are a 501 (c) i just donate 25% of gross to them. I pitched 20% of any other machines added later, like toy or gumball, since COG can fluctuate quite a bit. But it's great because my daughter loves going there and they are looking to expand in the next few years to add more stuff and appeal to a broader age group and im proud to help. I would bet those stores would be great locations, just remember that it may be easier to earmark their cut as a "donation" as opposed to a "commission". For their paperwork. I'll try that donation instead of commission. I do think they will be great locations if I can get them. Link to comment Share on other sites More sharing options...
jerrybrooksvendall Posted September 17, 2016 Share Posted September 17, 2016 I just put a sticker machine in a kids museum and since they are a 501 © i just donate 25% of gross to them. I pitched 20% of any other machines added later, like toy or gumball, since COG can fluctuate quite a bit. But it's great because my daughter loves going there and they are looking to expand in the next few years to add more stuff and appeal to a broader age group and im proud to help. I would bet those stores would be great locations, just remember that it may be easier to earmark their cut as a "donation" as opposed to a "commission". For their paperwork.That's pretty cool. I never thought a museum would take a machine.Sent from my Z987 using Tapatalk Link to comment Share on other sites More sharing options...
Zigzag Vending Posted September 17, 2016 Share Posted September 17, 2016 It's just a small locally organized learning center with alot of hands on stuff. Museum is probably a misleading description but thats what they call it. Link to comment Share on other sites More sharing options...
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