Crowdfunding is now considered as one of the more exciting developments in small business, offering a viable alternative to traditional financing. Here are some of the serious and weird crowdfunding theories that may affect the campaign:
1) “I’ll only crowd-fund part of the money I need.”
2) Use your friends to start funding off.
3) Your pitch doesn’t need to be as thorough.
4) The public is easier to please.
5) Crowdfunding is less risky than a traditional investment approach.
SOURCE LINK:http://smallbusiness.uprinting.com/five-myths-crowd-funding-debunked/Read More →
Provides relevant knowledge on crowdfunding, the new type of investing.Read More →
This video includes the basic of crowdfunding, and pertains to the after actions of the campaign.Read More →
The range of causes highlighted by crowdfunding website-Fundrazr speaks to the needs it answers that Kickstarter and Indiegogo won’t.Kickstarter doesn’t allow charity,cause or “fund my life” drives—and even when people do make it through the loopholes, the all-or-nothing funding requirement creates a large risk. Indiegogo allows for campaigns like Fundrazr’s, but takes twice as much off the top as Fundrazr does if the campaign fails.Educational campaigns are just one slice of the pie; many successful campaigns are for health bills,particularly in the United States, and internationally people are willing to donate very generously for the well-being of animals.
SOURCE LINK:http://www.techvibes.com/blog/fundrazr-hits-20-million-in-donations-2013-02-28?goback=%252Egmr_1985057%252Egde_1985057_member_218587291Read More →
In depth discussion on strategies and tactics for successfully executing a crowdfunding campaign.Read More →
Rebirth Financial Launches Nationally- Small Businesses Across America Now Have A Better Way to Secure A Loan
Rebirth Financial, Inc. today announced the nationwide launch of its successful small business lending-program. Since launching in 2010,Rebirth Financial has helped hundreds of small businesses in Louisiana and Tennessee gain access to millions of dollars in loans.
“I am extremely proud that Rebirth Financial is now able to help small businesses across the country.For the last two years,we have been getting daily calls from entrepreneurs in all 50 states,asking when Rebirth Financial will be able to help them,”said Chonchol Gupta, CEO of Rebirth Financial.”I am happy to tell the entrepreneurs of America that today, help is on the way.”
SOURCE:http://www.prnewswire.com/news-releases/rebirth-financial-launches-nationally–small-businesses-across-america-now-have-a-better-way-to-secure-a-loan-193314501.htmlRead More →
With Crowdfunding, a project’s success is not limited to 5 highly paid Sharks wanting equity of a company or a 5% royalty paid in perpetuity. Instead, the project creator is in control. They create the “pitch”. They determine their financial goals and decide how the funds will be spent. Contributions come in all sizes.
SOURCE:http://www.pr.com/press-release/474446Read More →