Do you find that you make huge profits month after month? That’s great news – it means your business is running efficiently and that there is a real call for your services or products. Have you considered how you could use your profits? Some are best off left in the bank to gather interest. Some of that money should be used to invest in the business and buy new equipment and tools. But the rest? Well, why not donate some of it to a charity?
You might think that supporting a charity is a waste of your money. But that really isn’t the case! In actual fact, fundraising for a local charity could really help your company and its reputation. Here are some reasons why that is.
You’ll Be Making The Local Community Better
When you give money to charity, you are providing them with the funds they need to make the local community a better place. For example, if you support a charity that helps the homeless people in your local area, you are helping people get off the streets and get the help they need. Similarly, you might want to donate a boat to the Chapman School of Seamanship so that they can help improve their lessons for students. So, if you want your business to be known as a company that helps local people, start looking for a charity to support!
People Will Really Respect Your Business
Once you start supporting a local charity, you will find that you start to get a lot of respect from everyone in your local area. There are lots of people who try to only do business with companies who have a social conscience. So, if you show that you have one and have a very charitable nature, you will find that your customer base might increase!
It’s A Great Way To Build Connections
You should see every opportunity that comes your way a chance to network and build your business connections. And this includes all your company’s charitable work! You will start to get to know a lot of important people who work at charitable organizations. And these people might be able to introduce you to some of their key contacts as well. And it’s never a bad thing to try and add as many new people to your phone book as possible!
It Can Help With Team Work
Some companies encourage their employees to do things in aid of charity. This can be anything from hosting a fundraising event, like a cake sale, to taking part in a big challenge, like running a marathon. But no matter what all your team chooses to do, you can be sure of one thing – it will help them to bond and will certainly be a great team working experience.
As you can see, there are heaps of reasons why you should consider supporting a local charity with your business. Just make sure you do your research before you commit to a charity organization so that you fully understand what you are signing up for.