Small Business Fundraising?

hostie

hostie

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Well, I've talked about this previously, but our business is now ready to expand.

We are looking to do some fundraising, or something along those lines.

What are your suggestions on fundraising? We are looking for $20,000 to expand and be where we need to be.

We posted a campaign on IndieGoGo, I just don't see small businesses getting much funding on that network.

We are very unfamiliar with raising money for anything, so any direction you give us is a good direction.

I'm all ears.


Thanks
 
Last edited:
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hostie said:
Well, I've talked about this previously, but our business is now ready to expand.

We are looking to do some fundraising, or something along those lines.

What are your suggestions on fundraising? We are looking for $20,000 to expand and be where we need to be.

We posted a campaign on IndieGoGo, I just don't see small businesses getting much funding on that network.

We are very unfamiliar with raising money for anything, so any direction you give us is a good direction.

I'm all ears.


Thanks
Click to expand...

I dont get it, your ready to expand, meaning you must be making profit, so wht's the need for fundraising?
 
hits79 said:
I dont get it, your ready to expand, meaning you must be making profit, so wht's the need for fundraising?
Click to expand...

So he has more money for marketing? Or for employing people?
 
Yeah please elaborate on why you need to fund raise?
 
There are some places that will buy or loan money to you based on your monthly receivables. Or you could go after private investors, but you will need a solid plan and enticing returns.
 
Sleinad said:
So he has more money for marketing? Or for employing people?
Click to expand...

Exactly.

I've got a really detailed business plan in the works. Going to hit a few private investment groups and banks.

If I can get more than $20,000 I could really put a dent into our surrounding community, along with a full staff. $20k is just the small investment goal.
 
TimSB23 said:
you can try gobignetwork.com
Click to expand...

That's funny you shared GBN, I was just on the phone with a client not even 5 minutes ago who suggested I go there as well.

Thanks.
 
If you already have a stable business you should have no trouble acquiring a $20,000 loan.
 
KraftyKyle said:
If you already have a stable business you should have no trouble acquiring a $20,000 loan.
Click to expand...

All banks I've approached locally have required a solid business plan, which is in the works now. (Have one currently, it's just extremely vague)

Will update thread with what happens.
 
I am looking to work with any good charity who have an online affiliate program and pay good commission per donation. please share if you know any. thank you
 
I am also looking to work with any excellent charitable organizations who have an online system and pay an excellent percentage per contribution. Please discuss if you know any. I will thankful to you for this discussion.
 
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