How much $ would you ask of a new sponsor?

[Jim Craig]

Well........if you are the NHRA, its sponsoring the GatorNat's................

[Wade_Owens]

These would be about 17"x12" decals, about the size of the Jegs All Stars decals for the trailer. Not looking at doing the "wrap" stuff.............

Wade

[FED 387]

decals might still qualify you as a business/for profit per IRS rules!!!!--- Not to be too greedy what class is car your car racing in??? Comp387

[BobUnkefer]

Wade, check your PM

[Wade_Owens]

Originally Posted by FED 387

decals might still qualify you as a business/for profit per IRS rules!!!!--- Not to be too greedy what class is car your car racing in??? Comp387

Stock Eliminator....

[FED 387]

I would figure how many races you plan on going to,the cost of those expenses plus uniforms,signage etc ----the car displays/shows and any other expenses like race gas/oil/slicks/other parts, maybe a trans or engine rebuild etc.BE REALISTIC with yourself and add 20% to that number see what it looks like.. Then think if your sponsor will gag on the number and if not run it by him. Let him bargain you down a bit if you will but make sure you get enough at the beginning so you do not hafta go back for more---maybe get a partial payment up front then get some as you go along over the season, might be easier for him to budget. You know what it costs to go racing you hafta convince your sponsor if it is worth it to him to spend the money for the sales results/return he is going to get for his investment...Think of it this way if He gives you $5000 will he get $50,000 in increased business from this deal---then answer yourself realistically----Good luck hope you get it!!!----Comp 387

[Steves68Nova]

Originally Posted by FED 387

Think of it this way if He gives you $5000 will he get $50,000 in increased business from this deal---then answer yourself realistically----Good luck hope you get it!!!----Comp 387

If he gets returns like that for a $5000 investment the sponsers would be fighting over us.

When I was doing mailings I would *TRY* to get 2 hits out of 100 cards. I would mail 10000 to 25000 cards. If I thought I would have gotten $50,000 worth of business for $5,000 I would have broken my arm writing the check.

Steve

[FED 387]

Not saying for $5k he WILL get $50K merely using that as an example for a potential sponsor to justify spending X dollars based on MAYBE the potential return he MIGHT HOPE to expect for his investment---Every case will be different but at least Wade I think gets the idea of what Im getting at-- X dollars should/could/might yield how much more business-----Comp 387

[SuperStockDodge]

Sponsorship? What's that????????????????????????????????