Indiegogo amazed us with their forward thinking and their ability to lead in crowdfunding for small businesses. They literally pushed big banks aside and paved a path for small businesses. Just as online videos devastated brick and mortar video rental companies, so too will Indiegogo devastate banking’s small business lending. We’re fully on board and teaching small businesses how to you this great website. Here’s some things to keep in mind.
1. Although, Indiegogo does support exchanging equity in your company for funds, we suggest you use different rewards first.
2. Get a campaign manager that can guide you through the steps if you’re not able to put in the time to go through our materials.
4. Financial statements are necessary. They don’t need to be audited but you do need to have financial statements. Be sure to look up our suggested accounting firms that deal specifically with the needs of small businesses when using crowdfunding.
5. Updates to the campaign are essential. Tell people what you’re doing and how you’re doing. Keep them in the game.
6. Choose your category wisely and be sure to have a clear mission statement. We suggest having a business consultant review this for you. Be sure to see our list of business consultants that we recommend.