Creative Fundraising Ideas For Your Business

Often when you want to venture out on your own and want to have your own brand, ideas are not what is deficient but money is. A business requires a lot of capital which a person may not have initially. Raising money to start a business is easy if you know the tactics. One method is crowdfunding for small business. Here you will get to know some of the best crowdfunding platforms and also how to raise money to start a business.

How to get funding for a business?

This is the question that most businessmen have in the beginning. The traditional method is to chalk out a business plan which is fool proof and then approach leading businesses or sponsors to lend you money for fund raising. Since we have come a long way, there are also other ways that have developed by which you can raise money. The newest way is online fund raising where you can use online blogs, email marketing, social networking sites like Facebook and Twitter and website to raise money.

What is crowdfunding for business?

Crowdfunding for business which is also known as community fund raising generally means engaging a large number of audiences who will then help you out financially to start or sustain your business. This does not mean that the people involved or your investors are from a single community. They may be your friends, relatives, customers or even unknown strangers who are impressed by your business plan and have faith in your product. This faith can be developed among your crowdfunding community through marketing and growing your brand name.

Some community fundraising ideas

Community crowdfunding requires a lot of creativity as influencing a large number of people to financially help you is not an easy task. Here are some community fundraising ideas which you can use to fund your new business.

· You can search for local bands that are eager to showcase their talents to the audience for free and help you for your cause. You can then print invites and sell passes for your mini concert.

· You can also conduct games and challenges where people can participate by paying an entry amount. This is a very good idea as there is going to be just one winner but the entry fee is to be paid by all the members.

· Education crowdfunding can be done by charging people on a per hour basis in exchange for your knowledge on a specific subject. This can be done on a small or large scale depending upon the availability of space.

· If your cause is for social welfare then you can definitely give out brochures and ask people to donate clothing money or food and then keep the cash, sell the food and clothing to gather some money.

These are some of the many ways in which you can raise money both online and offline. Just a little bit of creativity and a presence of mind is what it takes to raise a good amount.

ABOUT THE AUTHOR

Matthew Jolie is an avid writer and blogger, whose major occupation is professional entrepreneur and visionary. He identified funding resources for campaigners and had shared different articles and blogs to help them. He recommends Crowdfundingbum.com to his readers.