Fundraising... it's difficult for those who have to raise funds... it's also hard on those who are always asked to give. A necessary evil perhaps? I thought it would be good to review why Overflow Coffee Bar is raising funds.
1. Bank loans hard to come by, especially for people like us who do not own a home. Without fundraising, Overflow would never be able to open simply because bank loans aren't plausible for us. (Private loans on the other hand are more likely, if you'd be interested in doing one, please let us know.)
2. At many businesses, loan interests are often passed on to customers through an increase in prices. We want to avoid this and keep our prices as low as possible. Your gift to Overflow helps us keep our prices low when we open!
3. Fundraising is also a good way to test the ideas behind our business. While fundraising, we talk with people who have great feedback about our ideas and ideas of their own. Through implementing the feedback and new ideas, Overflow becomes better.
MOST IMPORTANTLY, I want to make sure people understand that our fundraising is a
ONE-TIME OCCURRENCE. Once the doors of Overflow open, fundraising to support Overflow will cease. Instead, we will be able to support nonprofit work with the profits we make from selling food and drink. In other words,
we multiply your gift to Overflow and support many nonprofits over many years.