Definition
Crowdfunding is a financing method where individuals or businesses raise funds from a large number of people, typically via online platforms.
Related Services
Fundraising strategy consulting, legal advisory, and marketing services help businesses plan successful crowdfunding campaigns.
Problem and Application
Poorly planned crowdfunding efforts can fail to meet funding goals. Businesses must create compelling pitches, engage backers, and provide transparency.
Conclusion
Crowdfunding is a viable funding option for startups and creative projects. Success requires strategic marketing, clear messaging, and strong community engagement.
