Monday, July 16, 2007
Planning a Money-EarningProject
  In planning a money-earningproject, your post should follow these guidelines:  • Determine whether you
really need the money.  First, review your current   budget to be sure that participants’ dues will not be
sufficient for your needs. If they aren’t, determine how much money you need to raise for which specific needs.
Then, develop a specific
budget based on your needs
and goals.
• Be realistic.
Consider carefully what your participants will actually
do. Explorers have not been  very successful with selling
products door-to-door. Posts  are more successful with onetime
projects, such as a  dinner or car wash.
• Decide how funds will be  accounted for. Decide in advance whether all funds raised will  go into the post general funds,  into individual Explorer  accounts (within the post account) based upon hours  worked and profits made, or a  percentage into the post general  funds and the balance into individual Explorer  accounts. Explorer accounts belong to the post and can be  used by an Explorer only to defray his or her share of
costs of post activities.










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