The key answer of exercise 1
The key to exercise solutions in chapter Trending Topics 7 for the textbook Identity B1+ with authors Elizabeth Sharman from Oxford University Press
Question
Have you got any ideas for a business or charity? Name three different ways that you could raise money for it.
Answer
- Product sales: Create and sell products or services related to the mission or goals of your business or charity. This could include merchandise, crafts, artwork, or digital products. By promoting and selling these items, you can generate revenue to support your organization's activities.
- Crowdfunding campaigns: Launch a crowdfunding campaign on platforms like Kickstarter, GoFundMe, or Indiegogo to raise funds from a large number of people online. You can set a fundraising goal and offer rewards or incentives to encourage donations. Crowdfunding campaigns are an effective way to engage with supporters and raise awareness about your cause or business.
- Events and fundraisers: Organize events and fundraisers to bring people together and raise money for your business or charity. This could include charity galas, auctions, benefit concerts, community festivals, or sports tournaments. Events provide an opportunity to engage with donors, sponsors, and volunteers, while also generating revenue through ticket sales, donations, and sponsorships.