Fundraising Ideas For Your Startup
Starting a business? Need funds to get the idea off the ground? Plenty of startup companies use fundraising to cover initial costs. Here are a few ways you can use fundraising to startup your business!
Hosting an event is a great way to receive funding for your business. Invite all of your friends and family to the event. Include your colleagues and local businesses to attend as well. Create awareness of the even through a website or social media. Be sure to be specific about the details of the event and what the money will be going towards. Offer businesses to sponsor the event and consider even donating a portion of the money raised towards a charity.
Crowdfunding can play an integral part in raising funds for your business. People have turned to crowdfunding sites to donate money to businesses and individuals alike. Some of the more popular crowdfunding sites are Indiegogo, Kickstarter and Gofundme. Set up an account for your business and make your target audience aware that you have created it. Be sure to include all information about your business and what you will be doing with the money. You can never be too specific about where the money is going to!
There have been many success stories of entrepreneurs becoming overnight successes because of some form of content they posted on social media. Look to utilize all avenues of social media to get the word out there about your business. Considering creating a video about your business, highlight the aspects of what your business could potentially be with the proper donations. Make the content noticeable and promote it with paid promotions on big social media platforms like Twitter and Facebook.
Consider using your birthday as a way of receiving money towards your business. Ask for gifts or money and make it known that the gifts or money you will be receiving will help fund your business. Invite family and friends to your birthday party and tell them the goal of the party. Of course, you will be missing a year of gifts for your birthday, but at least you are one step closer to accomplishing your goal of starting your business!
Sell your unused things for extra cash. Spring cleaning came a little early this year. Clean out your house and get rid of or sell any things you can. This will help you organize your home and raise more capital for your startup. It’s a win-win!