Tuesday, May 12, 2015

Crowdfunding For Women And Similar Opportunities

By Alta Alexander


As crowdfunding is a rather new concept, there is a lot to be learned on the part of those establishing campaigns and those providing funds. Those sites dedicated to crowdfunding for women oriented products and services are seeing great success at the moment. One reason being that while all businesses, products and services are established by women, men can also contribute to these campaigns.

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.

Pine Alley and other similar sites have succeeded at a rate almost double the average of the industry as a whole. While other sites have similar success, Pine Valley is one of a kind in its development, funding and deployment. While the internet is not available in all areas, there are a number of different areas of the world in which these websites are viewed. Ultimately adding to the success rate of those whom have the knowledge and skill base to run a successful campaign.

While men are allowed to contribute, these sites only accept campaigns established by women. In addition, while men can and often do provide funding, the main focus continues to be in relation supporting other women. Still, as all donations are appreciated the women behind these projects appreciate all the support regardless of gender.

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.

As these sites also benefit financially, most are happy to share information. A number offer tips and tricks on how to raise money by using the best tools available. These tools generally assist in set-up, management and completion. One important aspect of any campaign or project is that the individual have a great deal of knowledge related to the product or service to be funded.

If not, the project may never make it past the initial start-up phase. When this is the case, those having donated funds generally expect to have monies refunded. That is, unless there is an upfront agreement which states the individual forfeits such funding even if the project is canceled over time.

While this type funding is now quite popular with those whom work online, others without online access still have other options. Some of these include applying to shows like Shark Tank, talking with a Small Business Bureau representative or borrowing money from a private investor. Of course, the better presentation, credit and reputation one has upon requesting this type funding, the more likely one will be to obtain the monies needed for the development of a product or service oriented business.




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