Crowdfunding For Women And Why Its Important

By Alta Alexander


Crowdfunding is a rather new concept. Crowdfunding for women is one way to raise money for a number of different type projects. As such, each and every woman whomever wanted to become an entrepreneur may want to check out these new opportunities. While there are multiple websites associated with the process directed only at supporting women based start-ups, some are better than others.

Also, as the entire process is rather new, it is important to understand how the process works. Generally, one can post different types of projects asking for financial support. Some projects which already exist are related to business, entertainment, financial investments and others. One of the most popular is that of Pine Alley.

Many of these women oriented sites have now seen twice the success as others in the industry. While others have seen success, one of the most successful related to women in business is that of Pine Alley. Most likely because it is one of a kind in its funding, development and deployment of products and services established by and for women but in which men can also provide funding.

In some cases, men may support these campaigns. Whereas, there are also sites which are totally dedicated to projects which are created and funded by women. A rather large network of which is now forming around the world to support one another over the course of a campaign and well into the completion phase.

Most women oriented funding sites create an easy path to setting up a campaign. In fact, most provide step-by-step instructions on set-up through completion. Whereas, some even provide business consultants which can provide ideas and services either free or for a nominal fee. The best of which provide this opportunity of counseling on an ongoing basis when it comes to questions or issues which may arise over the course of the campaign.

Most are happy to share this information as all such sites tend to benefit financially, especially when users post positive reviews. As such, most tend to offer the best tools, tips and tricks possible to set up a successful plan which will result in the product or service finding its way to market. Although, it is also important that all involved have the necessary knowledge and skill base to set up, manage, develop and distribute information in a way that is clear and concise.

Otherwise, the idea behind the product or service may remain only an idea even once a campaign has started. While at times individuals can keep funds provided if a campaign fails, most often a donor expects any funding provided be returned. Most all project funding websites have upfront agreements. It is expected that individuals read and understand these guidelines before becoming involved in the process whether the individual is a registered owner or funder of a campaign.

For those who are not internet savvy and wish to look towards more traditional funding, the option of seeking traditional funding still remains. Although, individuals may want to look toward shows like Shark Tank, or a private investor rather than going through a bank or credit union. For one thing, the interest and percentage of applicable fees is much greater with banks and credit unions than with private individuals or opportunities which allow the individual to share a percentage of the business rather than impose interest over time.




About the Author:



No comments:

Post a Comment