Question
Does anyone have any experience with crowdfunding campaigns? Are these a good alternative to seed funding for health/fitness hardware in the UK? If so, what considerations are there? Thanks!!
Answers: 2 public & 0 private
Crowdfunding is a viable way of raising initial funds for your project. However, my advice will be to determine the structure of assets the project rely on whether proprietary information regarding the is required as part of the funding process. Not every venture is suitable for crowdfunding due to some information you have to disclose regarding your project.
Crowdfunding is a good option for sole proprietor or partnership business, but the campaign that you decided must plan beforehand to ensure success. There are indie filmmakers in order to make short films using crowd funding method, some of them succeed, but not all of them. Hope this helps.
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