By Katherine Brunt CrowdFundBeat Guest Contributor,
Whenever the word crowd comes it means a huge amount of people mainly causing a havoc and mismanagement but that does not really go with crowdfunding. Today’s most easiest, consistent and quick generation method of business is crowdfunding.
Have money? Why to waste it and devalue it by just keeping it inside a bank locker rather invest it in a small amount in a bigger project, this is what crowdfunding is all about.
This method has escalated quite quickly from just being a buzzword to mow a mainstream method of fundraising model. Crowdfunding projects usually reach out the problems that bothers maximum number of audience and such projects are a golden jackpot to not only just the project developers but the investors also.
This article is based on advantages of crowdfunding and would tell you what wonders crowdfunding can elicit in your financial condition:
1- Less money more pay back:
The core advantage on investing in a crowdfunding is that you only have to give in a small amount of money relatively and this gains you more profit. You invest in a business that caters the most wanted product of the current time, the more the product gets publicized and sold the more profit with regard of your share you would receive. It saves a lot of investment about marketing, time for looking up investors and legalities. Hence there is more advantage than possible disadvantages.
2- You get to be an Entrepreneur:
The best thing about investing in crowdfunding and crowdfunding is the fact that everyone gets a chance to be an entrepreneur. You sit back, invest the certain amount of money you want and all you have to do is keep following until you get the profit, just like an entrepreneur. Lots of investors at a single point gives you a lot of exposure to the market world and comparing your views with the other investors can make you improve and keep a check on your personal intuitions.
3- Crowdfunding helps in starting multiple projects:
Crowdfunding is a platform where you can invest with small capital into various projects. Now you don’t have to wait to build in a huge amount of capital to invest into business rather you can invest in multiple projects at a time via crowdfunding. Crowdfunding supports multiple projects at a time and cater multiple investors from different domains, this not only creates diversity but also gives opportunity to the investors to invest in to the business of their interest and field.
4- Credibility and Protection:
Since crowdfunding is online business this certainly arises the insecurity of getting your money looted or raiding but crowdfunding is the new trend and trustworthy where investors gain shareholder agreement laws, company/project security laws and insurances. So you can certainly invest without any resistance or second thoughts. Crowdfunding makes sure that they give every possible information about the project/company/brand and keep everything transparent, this helps them gain not only the trust of the investors but also more clients that seek them for their projects so it is a win-win for both the parties.
5- Access to the bigger picture:
Investing in a single project of crowdfunding you can most likely come across many people with better and well established self-run businesses and you can definitely take help from them and build your business network. This not only helps you become a better entrepreneur but also you never know when you come across the major investor you have been looking for to support your business all this time. So crowdfunding also serves as a medium of building communication and business network.
Author Bio: Katherine Brunt is a software engineer she works for 1 click dissertation. Her job responsibly is to track those sites or people who look to do the crowdfunding and she has got lots of success in it.