Are you looking for the Best Crowdfunding in Springfield MO in 2019? Looking to raise money for a cause or business? While it is becoming more and more popular, how do you know which organization is the best and most trustworthy when it comes to raising funds for your business. For this reason, we have set out to help you in choosing a company that has a track record in assisting you set up your business’ funding campaign. What is their specialty? What experience do they have? How flexible are they and much more? After careful consideration, here is our choice.
SmartGuy® 2019 Best Crowdfunding in Springfield MO in 2019 is yet to be determined:
You have a great idea for raising money for a cause that is near and dear to your heart; or you want to finally get your business off the ground. What you need are funds to purchase your material or pay for your fundraising events. You’ve seen the GoFundMe postings on social media, and you hesitate to go that route, because it seems everyone is doing it. Is it really safe? Will people think that your crowdfunding project is a scam or hoax? Will your reputation take a hit? Well here is what we found out about Impact 101’s Crowdfunding Platform.
What is Crowdfunding?
The birth of business’ ability to raise funds for expansion or jump start a new business arose out of the deregulation in the laws which allow for unlicensed organizations to raise funds. It is perfectly legal as long as certain guidelines are met. With this more open regulation, Crowdfunding has made it possible for individuals and small business to put together campaigns to raise funds for important causes, and become financially sound within a short period of time.
Most entrepreneurs or businesses fail in the first five years because of lack of funding. Working with the best Crowdfunding organization will help an entrepreneur or company operate on the level that meets their business’ plan and trajectory.
Reward crowdfunding offers gifts in return for donation/investment. The person is investing in the campaign, but is not considered a traditional investor who received financial rewards for the investment.
This is a popular way to raise funds for projects. A new publishing company has a new book project that will be released in the spring. In order to fund the marketing and promotional materials the company needs a specific amount of money. They launch a campaign and offer in return for the donations several different levels of rewards.
The person donating can receive an autograph copy of the book or t-shirt; mugs all with the character’s picture on them. And, the reward ends there.
Debt crowdfunding, also known as Peer-to-Peer (P2), allows the person investing in the campaign a chance to fund the project and in exchange receive financial interest on their investment.
This kind of crowdfunding is attractive because it allows the investor to have a peer-to-peer relationship with the business and they have an opportunity to reap the rewards of the campaign as it grows; and they have an opportunity to grow with it by re-investing their monies.
Equity crowdfunding is closer to the traditional campaign which raises funds and in return offers shares or a small stake in the business or venture.
Donation crowdfunding is strictly to help an individual or business raise funds without offering anything in return. The most popular is the GoFundMe personal campaigns.