CROWD FUNDING LETTING THE CROWD FUND YOUR SMALL BUSINESSSofya GindinaInternational Relations andManagement2775483
“Nearly two thirds of entrepreneurs (65%) are planning to seek alternative forms of finance in2012, after losing confidence in the banks funding their businesses.” Huddlebuy.co.uk
I What is Crowd Funding?II How to create a successful Crowd Funding campaign? Step 1: Choosing the right website Step 2: Setting realistic target and time limits Step 3: Creating a convincing campaign video Step 4: Offering rewards to the investors Step 5: Posting regular updatesIII What What are the Downsides of Crowd Funding? are the advantages of Crowd Funding?IV What are the downsides of Crowd Funding?V How successful is Crowd Funding?
I. WHAT ISAn alternative methodof raising finance for abusiness, project oridea by attracting a‘crowd’ of individualinvestors via theinternet.
II. HOW TO CRATE CROWD FUNDING
STEP CHOOSING THE 1 RIGHT WEBSITE
STEP SETTING REALISTIC 2 TARGET AND TIME LIMITS
STEP CREATING A 3 CONVINCING CAMPAIGN VIDEO
STEP OFFERING REWARDS 4 TO THE INVESTORS
STEP 5 UPDATES
III. WHAT ARE THEOF CROWD FUNDING ?
IV. WHAT ARE THEOF CROWD FUNDING? - Absence of long-term viability - Risk of exposure - Inability to present complicated concepts