There are over 600 of Crowdfunding sites online, but how does anyone know which is the best for their need. Well, for beginners one must realize that all crowdfunding sites are not created equal. What does that mean? That simply means that when it comes down to raising funds a loan does not have to be an option. What is also means is that you must do your research to locate the best Crowdfunding strategy to raise funds. Crowdfunding is a great way to do this but you must take this into consideration. For starters you must realize that there are different types of crowdfunding sites or platforms.
You have 3 types of websites/platforms:
1. Equity Based Crowdfunding allows Investors to have a stake your company.
2. Lending Based Crowdfunding means you will pay your Investors back .
3. Reward Based Crowdfunding involves you giving Investors item or service in return.
But, this is not all when it comes to crowdfunding. There's more to crowdfunding that you must be aware of. For example, crowdfunding in most cases are not 100% free.
There are all types of hidden fees. You have fees for:
* Total funds raised
* Credit card processing fees from 3% + 0.20 per pledge (On 1000 backers that could total $200)
* For pledges under $10 there are micropledge fees
* Fees for $100,000 worth of donation, 5% which would reduce your total to $92,000
* Funding Goal reach fees
* Funding goal not reached fees
* Campaign and website hosting fees
Some of the top Crowdfunding sites have these fees:
But, there is one Crowdfunding Platform That gives you 100% of your donations and has little or no fees.
That Crowdfunding Platform is Crowdfunding International and here is a listed of what it doesn't:
CFI there is only a one-time donation,
NO ongoing fees,
NO long exhaustive campaigns,
NO pleading for money.
NO returning fees or penalties because campaign goals weren't met.
NO returning donations because the goal wasn't reached
NO website or website hosting fees.
NO waiting until campaign is over to withdraw funds.
The system allows members to support one another and equitably
fund all projects, thereby CREATING A STRONG AND VIBRANT COMMUNITY.
Crowdfunding International has helped many fund businesses, projects and eliminate debt all over the world without all the hidden fees. The question that I had to ask myself was why pay all the fees that may reach into the thousands when I can pay a one-time fee that will help and support a community that will in return help me.
This why I chose CFI.
For more information and click here =>> Why CFI is the Best Crowdfunding Platform For Raising Funds
To start your own project =>> Raise Funds For A Business, Education, Health Concerns,etc