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Crowdfunding: A Revolutionary New Alternative Funding for Small Businesses

A revolutionary new source of funding to sweep across the internet in droves is crowdfunding! When you are starting or growing a small business, it typically comes down to a lack of resources to raise that much needed capital! Funding is a very important element to the success of any business remaining relevant in a competitive marketplace. If you've applied for a traditional loan; SBA Micro Loan; Unsecured Line of Credit; or even a Credit Card to no avail, then consider the HOT new trend in financing... CROWDFUNDING!

What is Crowdfunding?

Crowdfunding is a cutting edge way of raising the much needed money required by businesses to sustain. A group of investors share their resources to support endeavors initiated by individuals or organizations. Many industries can take advantage of best crowdfunding; from political campaigns; service or product based businesses; artist; scientific researchers to software development.

3 Business Preparation Tips for Crowdfunding

Select the Best Platform: There are many crowdfunding platforms available with new ones forming daily. It is important to choose the one that can best fit your project funding needs.

Create a 'WIFM' Rewards Program: Remember that old WIFM (what's in it for me)? Well, if you want to have a successful campaign, you'd better come up with some juicy reward for prospective investors. The rewards you create should be based on the type of campaign you are running. For example, the Crescent Theater was forced to upgrade its equipment and as a part of their reward program, the lowest reward offer is a free movie pass.

Design a Stellar Marketing Strategy: Consider multiple ways to connect with potential investors. The key is creating a diverse marketing campaign. A favorite by many and Google as well are videos! You can also add a slide presentation, a podcast and a simple written message.

3 ways that Crowdfunding can help you:

Independence from Banking Institutions

Banks are sitting on their cash and aren't lending to start-ups or small businesses that need capital. At a recent lecture at George Washington University, Federal Reserve Chairman Ben Bernanke innocuously remarked that lately "small businesses have... found it difficult to get credit." Most banks have high unreachable expectations along with a daunting process. Indeed, best crowdfunding sites for startups offers a more realistic approach to funding.

Free Publicity

The opportunity to publicly raise funds for your business idea or existing company to a gazillions of potential investors by way of the internet is astounding! Many entrepreneurs yearn for a chance to receive the type of publicity crowdfunding offers. If well handled, publicity can greatly catapult your business to immense success.

Validation

Validation of your business idea is important. Knowing that there are people globally who believe in your concept is empowering. People will generally invest in opportunities that are viable. So every contribution you receive from people simply means that they believe in the validity of it! Visit us - https://vital-dapp.com/

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How Crowdfunding Helps Startups

We often hear people thanking someone else for their success, be it their parents, mentors or spouse. Have you ever heard of someone thanking the crowd for their success?

While thinking of starting your own business, the first thing that comes to one's mind is funding. Personal savings, loans from friends, relatives, and bank loans are the most popular ways to fund a business startup, and with a detailed business plan, an entrepreneur could pitch to Venture Capital firms or Angel Investors for funding. With the change in era and technology, we now have an alternative source of funding available for startups which is Crowdfunding.

For those who are not familiar with the concept, online crowdfunding is an alternative way to raise funds from a large number of people via the internet. All you need to do is prepare a campaign and upload it on a crowdfunding website and make it viral with the help of social media. People who genuinely care about your project and find interest in the same will contribute to it. In return, they will get a reward or equity as the case may be.

As there are various types of crowdfunding, two of them which fit best for startups are:

Rewards based Crowdfunding - Under this type of crowdfunding, the backer gets a reward in return for his contribution. The reward could be a handwritten thank-you note or the early bird customized product itself. It depicts the gratitude of the project owner towards the backer, these are those things that money can't buy and gives a special feeling to the backer.

Equity-based Crowdfunding - Here, people who contribute to your campaign will receive equity/shares from the company in return.

With this unconventional technique of raising funds, the financial woes of entrepreneurs are lowering. They now do not have to knock on the door of investors, pitching and convincing them till the very end. You do not need to be frantic and give presentations to numerous people. All you need to do is present your business well online.

Online crowdfunding enables entrepreneurs to pitch their ideas to a broader audience rather than just specific investors. With social media prevailing so much nowadays, it is much easier to find like-minded people to contribute to your project. Anyone can contribute to your idea; you just have to make sure that people know about your project. Visit us - https://vital-dapp.com/

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Best Fundraising Sites For Startups

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

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Affordable Crowdfunding Platforms

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

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Online Fnding Platform For Creative Projects

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

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Best crowdfunding Sites In The World

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

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Largest Crowdfunded Projects

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

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Crowdfunding To Start A Business

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

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Top Crowdfunding Platforms

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

Visit us - https://vital-dapp.com/

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Online Crowdfunding

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

Visit us - https://vital-dapp.com/

[vitaldappcom]

Best Crowdfunding Sites For Startups

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

Visit us - https://vital-dapp.com/

[vitaldappcom]

Best Crowdfunding

Vital-dapp.com is a top-rated and best crowdfunding platform offering fundraising solutions and our unique expertise as a crowdfunding pioneer will lead you to success. So what are you waiting for, just visit vital-dapp.com, and Create & personalize your fundraiser in just a few clicks.

Visit us - https://vital-dapp.com/