Start A Fundraising Consulting Business - Business Ideas

Pat Walls

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Updated: September 15th, 2022

Start A Fundraising Consulting Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

A fundraising consulting business helps organizations, non-profits, and individuals raise money for various causes or projects.

As a consultant, you would identify funding needs and develop and implement a strategy to meet them, including researching funding sources, writing grant proposals, organizing fundraising events, and managing donor relations.

To start this business, you will need a strong understanding of fundraising, a network of potential funding sources, and possibly licenses or certifications.

To be successful, you will need excellent communication and networking skills, the ability to think creatively and strategically, and an understanding of industry trends and best practices. You will also need to manage your business finances, including setting service prices and tracking income and expenses.

Starting a fundraising consulting business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell fundraising consulting, or selling fundraising consulting online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size

$250B

revenue (monthly)

$150K

starting costs

$11.7K

gross margin

90%

time to build

210 days

growth

SEO

business model

Subscriptions

time investment

Full time

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
Employee & Freelancer Expenses	$150	$250
Website Costs	$223	$7,015
Business Formation Fees	$600	$4,700
Software Expenses	$162	$2,894
Advertising & Marketing Costs	$0	$1,400
Total Startup Costs	$1,135	$23,259

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Case Studies

How I Started A Crowdfunding-As-A-Service Platform That Helped 200K Projects Raise Over $200M

My name is Daryl Hatton. I am a founder, CEO, and lead investor of a tea...

• $150K/mo

How I Make $7K Average Monthly Revenue As A Real-Estate Lender

My name is Eugene Nilus and I am a real estate lender and investor. One ...

• $7K/mo

The Most Sued Podcaster in SaaS - Nathan Latka

Latka founded his first SaaS company at Virginia Tech at 19. His experie...

• $167M/mo

See all success stories ➜

Successful Businesses

Business	URL	Rank
fundsforNGOs	fundsforngos.org	34,843
Bloomerang	bloomerang.co	65,330
Alejandro Cremades	alejandrocremades.com	80,892
ConnectionPoint	connectionpoint.com	91,062
Fund & Grow	fundandgrow.com	94,157
DonorDrive	donordrive.com	97,806
Ruffalo Noel Levitz	ruffalonl.com	148,119
Fundraiser Ideas and Fundraising Events	fundraisingip.com	168,558
EasyKnock	easyknock.com	625,514
Surplus Fund	go.surplusfund.com/	628,936
Calm Company Fund	calmfund.com	649,887

See all businesses ➜

Pros & Cons

Pros	Description
Flexibility	You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home	It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required	The cost to start a fundraising consulting business costs significantly less money than most businesses, ranging anywhere from 62 to 23,259.
Rewarding work	Starting a fundraising consulting business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable	With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs	To get your fundraising consulting business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

See all pros ➜

Cons	Description
Crowded Space	Competition is high when it comes to your fundraising consulting business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process	A fundraising consulting business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent	As a fundraising consulting business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits	With a fundraising consulting business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation	Often times, as a fundraising consulting business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes	As a fundraising consulting business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

See all cons ➜

Key Stats

Startup Costs

Case Studies

Successful Businesses

34,843

65,330

80,892

91,062

94,157

97,806

148,119

168,558

625,514

628,936

649,887

Pros & Cons