Before you think about launching a crowdfunding campaign, make sure you have a realistic budget in place. As emphasised by Time magazine in a recent feature on crowdfunding, it is not just about lowering costs, but also about asking for enough money from funders. Projects need to take into account the total costs associated with a crowdfunding project like paying a commission to the platform, shipping costs for rewards, potential tax implications and the cost of making a pitch video.
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benham
05 Dec 12, 12:41pm (3 months ago)
Administration taking note
It's great to see crowdfunding getting picked up by administration - happy days! : )