{"id":6669,"date":"2024-03-05T12:14:08","date_gmt":"2024-03-05T17:14:08","guid":{"rendered":"https:\/\/futurpreneur.ca\/resource\/is-crowdfunding-right-for-your-business\/"},"modified":"2025-12-16T10:41:32","modified_gmt":"2025-12-16T15:41:32","slug":"is-crowdfunding-right-for-your-business","status":"publish","type":"resource","link":"https:\/\/futurpreneur.ca\/en\/resource\/is-crowdfunding-right-for-your-business\/","title":{"rendered":"Is crowdfunding right for your business?"},"content":{"rendered":"\n<p>Crowdfunding is becoming a popular option for start-ups, but before committing make sure it makes sense for your business.<\/p>\n\n\n\n<p>Before we go any further into whether crowdfunding is right for your business, let\u2019s first clarify what it is.<\/p>\n\n\n\n<p>Crowdfunding is sourcing small investments or contributions from many individuals through social networks and online fundraising platforms such as Kickstarter, Indiegogo, GoFundMe and StartSomeGood. <\/p>\n\n\n\n<p>Although the term is \u2018crowdfunding\u2019 it is more accurately, \u2018peer funding\u2019 as the process leverages personal and professional contacts across social media platforms. <\/p>\n\n\n\n<p>So now that we\u2019ve defined what it is, it\u2019s important to determine if it\u2019s an alternative financing option that suits your business. To help you decide, take our crowdfunding self-assessment quiz. <\/p>\n\n\n\n<p>Looking to download this quiz to do offline? Click the download resource button at the top of this page.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crowdfunding is becoming a popular option for start-ups, but before committing make sure it makes sense for your business. Before we go any further into whether crowdfunding is right for your business, let\u2019s first clarify what it is. Crowdfunding is sourcing small investments or contributions from many individuals through social networks and online fundraising platforms [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","resource_category":[59],"resource_type":[87],"resource_phase":[89,94,91,92,96],"class_list":["post-6669","resource","type-resource","status-publish","hentry","resource_category-money-and-finance","resource_type-download","resource_phase-entrepreneur-grow","resource_phase-mentor-grow","resource_phase-entrepreneur-launch","resource_phase-entrepreneur-plan","resource_phase-mentor-support"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/resource\/6669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/resource"}],"about":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/types\/resource"}],"version-history":[{"count":0,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/resource\/6669\/revisions"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=6669"}],"wp:term":[{"taxonomy":"resource_category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/resource_category?post=6669"},{"taxonomy":"resource_type","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/resource_type?post=6669"},{"taxonomy":"resource_phase","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/resource_phase?post=6669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}