Isn't it better to get the money you need to launch the new product or service? Imagine what you can do with your vision if you only have the capital to truly make it happen. Fortunately, for entrepreneurs, there is a solution that just comes to the scene and it changes the face of the business today.
Funding the crowd is one of the most innovative and powerful tools to become small business people. This allows you to increase small or even large enough than everyday people like you and the best part is, the Securities Commission and the Exchange have given their blessings. You must read this informative post to know how to run a successful crowdfunding campaign.
What is crowdfund?
In short, crowdfunding allows entrepreneurs to collect up to $ 1 million per year in the capital of seeds from what is known as "not accredited" investors. These are only people who work regularly that generate a certain income and who have a limited amount of funds to invest. Because of crowdfunding, the average person is now permitted to invest a few thousand dollars their own money to the startup business where before, this opportunity is very limited.
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How does the fund's crowd work?
When you want to collect money for your project, you go to a crowdfunding portal like Kickstarter or Indiegogo and create a campaign. These sites provide guidelines and tell you about all the information you need to prepare to make your campaign legal and above. After your plan and financial documents exist, you can then promote your campaign.
People will find you through various ways and on the portal itself. Investor members of the CF portal can invest their money and when your investment amount is achieved, the portal releases funds to you and you go.