13 THINGS TO CONSIDER – OLD SCHOOLA.REVIEW EVERYTHING:1.Send items out for quotes. Even long term vendors. It keeps them ontheir toes and assures your membership that you are seekingcompetitive pricing.Printing, insurance, telephone, gas, credit card processing fees,landscarping, copier and postage machine leases, office supplies,security, extermination servies, preventative maintenance contracts for HVAC. Have you looked into rebates for energy efficient lighting,insulation, etc. Kiddushes.2.Have you attempted to renegotiate any mortgages or loans that thesynagogue has.3.What unrealized income do you possess?Cemetery plots, yahrzeit plaques, simcha wall plaques, tree of life.4.Your fee structure.Dues, Tuition, bar/bat mitzvah fee. Are you competitive?What add-ons are a possibility for you?B.EXPLORE NEW AVENUES:1.Get some O.P.M. (Other People’s Money).a.Scrip - Scrip is a substitute for money in the form of negotiablecertificates or cards that can be used like cash to purchase products or services from merchants who have issued them.Scrip can be used to purchase anything from groceries, fuel,clothing, toys and cosmetics to entertainment, electronics, homeimprovement, or household services. (
What is the potential of such a program?
If a family spends an average of $300 per month on groceries through the scrip program that would provide a benefit to your synagouge of $15.00 (or 5%). Over three months that’s $45. Over a year that’s $180. Multiply that
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