Need for money
The amount of money a Chapter/Sig needs depends on how large your group membership is, what sorts of activities you want the chapter to engage in, and the skill sets of your Board and Membership.
A small group that focuses primarily on activities like peer consultation groups and networking may not need any money at all. This is particularly apt to be the case if Board members and member volunteers are able to contribute time to managing membership rosters, listservs, etc.
Raising Money
If your group wants to host workshops or trainings, then some money will be needed. Some groups collect funds via membership dues. Several groups have started out by having Board members “front” the money for venue reservations and other up front expenses.
For those who want to host a revenue-generating event, consider requesting a “seed loan” from The Chapter & Sig Committee.