Auction Listings Are Vital to the Success of Fundraising Auctions

Fundraising Auction Tip: You should always provide potential bidders with a printed Auction Listing of both your Live and Silent Auction items at any Fundraising Auction. A printed Auction Listing is vital for several reasons:

An Auction Listing informs bidders of the order of sale, and what is coming up next. If you keep your bidders guessing, they will simply not bid.

If bidders are not 100% certain of what they are bidding on, they will not bid. A printed Auction Listing should answer any and all questions about what is being sold in order to encourage bidders to bid as much as possible.

Bidders often need time to plan their bidding strategies, especially on multiple and/or larger value items. A printed Auction Listing helps them to do that.

Couples often need time to consult with each other about what they are willing to spend on something. A printed Auction Listing helps them to do that.

Potential bidders need to know the specifics, the benefits, and the restrictions on any item they are going to bid on, especially on travel and/or other higher value items. A printed Auction Listing should answer all of their questions, in writing.

After bidders see that they have lost an item to another bidder, a printed Auction Listing makes it easier for them to re-strategize on what else they can bid on.
Printed Auction Listings generally come in 3 forms:

Printed in the Event Program or Auction Catalog.

Printed on loose sheets of paper and hand-inserted into the Event Program or Auction Catalog.

Printed on loose sheets of paper and hand-delivered to all attendees, or left on each dinner table in the room.
Auction Listings cost practically nothing to produce and they can make the difference between the success and failure of a Live and Silent Auction. You should never conduct a Fundraising Auction without one.

A Case Study

Let me share a real-life experience with you. Once I was hired to conduct a Fundraising Auction for a nationally renowned organization. The event was held in a major hotel, in one of the country’s largest cities, with several hundred “black tie” participants attending. It was an extremely professional event, with the music, singing, lighting, speeches, and awards all perfectly timed and choreographed. Everything was done to perfection… exception the Fundraising Auction.

Although I had signed an agreement to serve as their Auctioneer nearly one year in advance of the event, no one bothered to contact me for any advice or help. Approximately one week prior to the Auction date, I contacted the group to see if they had replaced me with another Auctioneer. But they said that I was still their man.

Upon arriving at the event I asked for a copy of the Auction Listing. I was told that there were none. I’m not sure whether they felt that the Auction Listing wasn’t necessary, or whether someone forgot to have them printed. This was never made clear. When I asked what I was to use at the podium, I was told to copy the list of Live Auction items from a committee member’s computer. It took me about 30 minutes to copy three pages of hand-written notes in order to prepare for my role as their Auctioneer.

I knew that they had created a PowerPoint program showing the various Live Auction items. When I asked whether the PowerPoint slide order corresponded to the order of sale I had copied from the committee member’s computer, I was met with a blank stare. The committee member left to check the slide order, and returned to let me know that the slide order did not correspond my notes, and he provided me with the correct slide order… hand-written on a paper napkin. This forced me to re-arrange my three pages of hand-written notes before taking the podium.

There was a Live Auction Table with descriptions of the Live Auction items that were to be sold, but the table was not clearly marked, and it received significantly less attention than the Silent Auction Tables, which were clearly identified. Since the Live Auction Table was located adjacent to the “Raffle Table”, it appeared that most people thought it was part of the raffle and therefore paid very little attention to it.

According to the event program (which did not include an Auction Listing), I knew approximately when I was to begin the Live Auction. At the designated time the Master of Ceremonies announced the start of the Live Auction to the several hundred people in attendance, and introduced me as Auctioneer. As I approached the podium I realized that photographs of award winners were still being taken… directly in front of the podium where I was to stand… which required me to stand aside for several minutes until the photographers were done. Can we say “awkward moment”?

As the photographers cleared, I approached the podium and began my Live Auction introduction. Approximately one minute into my introduction, the “Raffle Committee” approached the podium and stopped my Live Auction Introduction in order to pull the 8 or 9 Raffle Winners. These drawings lasted about 5 minutes. Upon it’s conclusion I was allowed to resume the start of the Live Auction.

When standing at the podium two intense and extremely bright spotlights were pointed directly at the podium. The lights were so bright that I literally could not see the center 1/3 of the room. I could see the tables on the right, and on the left, but was totally blinded when looking straight ahead. It took perhaps five minutes before the spotlights were turned off.

While at the podium and describing Lot #1, I had to ask someone to start the Lot #1 PowerPoint Slide… because apparently no one was assigned that job.

So with only the Auctioneer’s verbal description, and a PowerPoint slide, it appeared that few people in the room had any idea about what we were selling… or when we were selling it… until it was announced by the Auctioneer. As a result, bidding was extremely light and the final results fell several thousands of dollars short of where they should have been
The learning experience is this:

The Live Auction is where you place your better items, and where the real money should be made at any Fundraising Auction. Let bidders know as far in advance as possible what you will be selling, and the order of sale, so they can get excited about the Auction, and plan their bidding strategy accordingly.

Auction Listings are absolutely vital to the success of both Live & Silent Auctions. In my opinion, revenues at this Auction fell thousands of dollars short of where they should have been, because no Auction Listing was provided to the guests.

If bidders are not perfectly clear on what is being sold, including both the item’s specifics, benefits, and restrictions, they will not bid.

When you have a committee of volunteers, especially volunteers having full time jobs and/or very busy schedules, the services of a professional Fundraising Auctioneer can help to keep the committee on track.

And once you retain the services of a professional Fundraising Auctioneer… use the services that you are paying for.

Types of Hepatitis

Hepatitis is a disease taking on many forms which feature inflammation of the liver. The cause is depended on the prognosis and on the symptoms shown. Certain forms of hepatitis are unable to reveal many signs or symptoms and are only noticeable when the longstanding inflammation has led to the replacement of liver cells by connective tissue. General symptoms of hepatitis are noticed by fever, enlarged liver, abdominal pain, and jaundice (icterus).

Viral infections are the cause of most acute Hepatitis [http://www.hepatitisattack.com]. Hepatitis comes in 7 not so delicious flavours: Hepatitis A, B, C, D – Agent (which requires the presence of the hepatitis B virus to form), Hepatitis E, F, and G. None of these are very yummy, and should be avoided at all costs.

The most common of the 7 is Hepatitis A. It is transmitted through the orofecal route, or in other words, contaminated food. This one is the easiest to contract, but it does not reach a chronic stage, so the body is able to build up an immunity against it by creating antibodies. An excellent preventative measure is to get a Hepatitis A vaccination. This will prevent infection of the virus.

Hepatitis has a close brother – Hepatitis B. This evil twin is also very easy to contract. you can get it through blood, tattoos, sexually, and you can even inherit it from your mother when you are born. Hep. B can be acute, however, some peoples’ bodies are unable to produce antibodies against it, thus turning an acute virus into a chronic one.

The easiest way to avoid contracting Hepatitis is simple cleanliness and vaccinations. click the link to my website at the bottom for more information on all forms of Hepatitis.

Feel free to reprint this article as long as you keep the article, this caption and author biography in tact with all hyperlinks.

Getting Small Business Administration Loans With Recent Changes

In early 2013, getting small business administration loans became easier when the government streamlined the lending process and changed some features of the SBA’s popular loan programs. After complaints that the average SBA loan application was too complex and lengthy, the government decided to reduce the paperwork required to help expand upon the number of businesses with access to a loan or commercial mortgage. Some of the most difficult financing steps a business will face are the loans necessary at the startup phase. Getting initial funding for small business administration loans has been nearly impossible for some business owners, particularly because of the collateral and credit history requirements used in the past.One of the biggest changes to the SBA 7(a) and 504 loan programs has been the elimination of the personal resource test. Before this change, applicants would need to undergo a complex process to determine how much collateral might be required for a particular loan application. This change has benefited businesses seeking the commercial loan rates offered through SBA loans, particularly when conventional loans have been out of reach. In addition, the rule changes surrounding business affiliation have made it possible for certain companies to qualify for small business administration loans despite having a financial connection to larger companies with significant revenue.One of the biggest hurdles for qualifying for SBA loans has been the size requirement. The reason why the rules on affiliation were changed is because a large company with ties to a small company that was applying for an SBA loan wouldn’t benefit from trying to get a government-backed loan. Large companies have been able to qualify for conventional loans with rates lower than traditional SBA loan rates. However, loan limits were changed in 2010 to accommodate larger small business administration loans, as well as businesses with net income up to $5 million. This means that a company with $100 million in sales with only $5 in net income could actually satisfy SBA loan requirements.The recent changes were made to help small businesses, but overall the modifications have made it easier for larger businesses to get SBA loans, too. One of the ways in which SBA loans haven’t changed is the requirement for collateral. Despite changes to the personal resource test, business owners have still had the opportunity to put their personal assets into the application as collateral. Placing a personal home up as collateral for an SBA loan has remained a standard part of building a business from the ground up. Fortunately, the SBA has allowed applicants to use collateral not owned by the business to satisfy SBA loan requirements.Before deciding upon which loan to apply for with a local lender, a business borrower should figure out which SBA loan program would offer appropriate funds. Different loan programs available through lenders include CDC/504 loans for real estate and equipment, general SBA loans through the 7(a) program, and micro loans. The government even offers disaster loans that homeowners and renters can use. The variety of available small business administration loans ensures most small business owners can find an appropriate type.The economic recovery has helped make it easier to qualify for small business loans, and with the rule changes in effect, it has been the government’s hope that there would be additional businesses applying for SBA loans. When seeking a small business loan, it’s important for business applicants to research a variety of lenders to determine which offers the best opportunity for approval. Small business administration loans do have some eligibility requirements, but many businesses can meet those requirements by finding a lender who specializes in small business loans.