Could Crowdfunding Work for You?

Could Crowdfunding Work for You?

Crowdfunding from Colour Accounting from HolstCrowdfunding is online ‘angel investing’ whereby a number of people invest in your business, rather than one individual. With investment amounts of £100 to £10,000 being common, this type of business funding can quickly provide a substantial investment pot.

Investors generally look for businesses offering a high return, sometimes within a high risk industry, or simply a sector in which they already have an interest. How it works:  You choose your crowdfunding platform, and then make a compelling pitch which usually consists of a video and definitive business information. This is the most important part of crowdfunding as you’re effectively selling yourself and the business. The campaign is launched, you drum up interest via social networks, answering questions and generally responding quickly to any queries. The benefits: 
  • The power of the internet provides you with a global pool of people looking to invest
  • You retain full control of your business
  • Gauge valuable consumer interest in your product
  • It’s free to set up – you only pay commission if the target investment amount is reached
  • Investors promote you within their own networks, giving you valuable online exposure
With bank loans hard to come by, crowdfunding is a great way to attract investment with little risk to you. Hard work and persistence are definitely required, but it’s potentially a source of media exposure as well as investment. Colour Accounting™ is our financial literacy course. Click here to secure your place. [traininglist slug=”colour-accounting-normal”]  ]]>

More to explore

Booking Enquiry

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.