What are the different consequences of a crowdfunding business and a regular business?

What are the different consequences of a crowdfunding business and a regular business?

1. Reduction of losses related to investment

Bank loans like conventional businesses. There is no need to invest a large amount of corrupt funds. Even if the campaign is unsuccessful, there is no need to pay a lot of debt.

2. Being the best way to market

If people are willing to invest in your business, this is a sign of demand for your business. When your campaign is successful, you will have proven that there is a place in the market for your product or service.

3. Helping to build reputation or branding about the product

Those people will already know about your company because many have invested with confidence. After that, if the reward you give back is of reasonable quality, then build your company's branding through people and their environment. will be able to.

4. Easy and fast to increase capital

If you have been able to build branding, you can find more investment money on the crowdfunding platform to expand your business.

The last point is...

5. Are you in contact with potential partners and clients?

Of course...connecting with people as your business can lead to opportunities to create better products in the future.

Su See Yar operates according to the same systematic rules as international crowdfunding, and is a platform designed for entrepreneurs in Myanmar who need financial capital, so we welcome them with open arms.

Reference : https://www.businessnewsdaily.com/