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Fund Raising Advice

Money is an essential element to all startups and businesses. Lack of money will close the door to business expansion. Funds can support startups and businesses in the initial days of their business activities. It can manage and achieve many goals including software production, team, website, commercialization, office, and many more that a business does in its early days.

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Overview

Collecting funds or money for a reason from individuals, corporates, or businesses is called Fundraising. It is the technique to collect money for non-profit organizations but has now nowadays been for use in fundraising for noble causes including helping those who get injured in war, helping people who are affected by some geographical phenomenon like tsunamis or floods, and many others. Traditionally fundraising happens normally but today online fundraising become popular.

Various Kinds of Fundraising

1. Fundraising needs Capital Campaigns
Capital execution is those fundraising events that are bound for a particular NGO organized for a particular project or reason. It needs a perfect set of planning and execution to arrange them.
2. Taking Corporate Support for Fundraising
NGOs or Non-profits reach out to the corporates and tell them about their vision, mission, and how they are making sponsorship society. The corporate companies provide their contribution via their foundation or set some budget for them. Some corporates also offense ship to counted capital campaigns so they can generate funds as well as broaden the brand outreach.
3. Fundraising through Online Mode
Fundraising through online mode is counted as one of the easiest ways of collecting funds. Online fundraising also helps broaden the reach of the business. There are plenty of online fundraising platforms available including Milaap that can help the business with funds. Online fundraising has the potential to be a powerful tool for fundraising.
4. Fundraising through Earned Income
The amount of money that can be earned by selling the goods and services provided by the non-profits is in the category of earned income. Being Human brand is the perfect example to understand this, when a person buys some goods from this brand the earned income will contribute to the Being Human Foundation, and that’s how fundraising through earned income works.

Benefits

There are ideas for raising funds for your business easily that are as follows –
1.  Bootstrapping the Business
2.  Avail loan
3.  Ask your, friends and family, to bring up capital
4. Arrange a crowdfunding event

Documents Required

1. Digital Signature Certificate
2. Self-attested copy of PAN Card to be provided
3. Self-attested copy of Aadhar Card; or Voter’s ID Card; or Driving Licence
4. Photograph
5. Mobile No. &; E-mail Id
6. Other Details (Details of Citizenship, Nationality, and Residential Status to be provided)

Process

Select Package

Your journey starts with the package selection. Our team of professionals is here to assist you & solve your doubts accordingly.

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The team of customer executives will connect you with your Expert Lawyer. You can connect with them for taking advice over the phone for 30 mins.

Why Us?

We are here to make everything easy for you. If you have any doubts about how to start with the procedure, we are here to resolve this confusion for you. We will enlighten you about what are the different criteria you must fulfill & what is the best possible way you can do everything smoothly. For convenient Fund Raising Advice, we have a team of highly skilled professionals and a large network of people who can assist you with every service that you will need.

FAQ

What is the significance of the annual fund?
The annual fund is nothing but a fundraising campaign for non-profits during the same period every year.
To fundraising for a non-profit online a secure option?
Yes, it is a purely safe option to donate by credit card or check or follow the payment card industry data security standards and maintain your data safe and secure.
What is the law or rules that should be followed while fundraising for a non-profit?
You have to hold an event public place, where you must get permission from local authorities or property owners and other NGO-required documents.
What are the methods to raise funds online?
 Crowdfunding  Online donations  Direct Mail  Social Media Marketing  Connect to the online website for fundraising
Is crowdfunding permitted in India?
Yes, it is allowed in India except in equity-based crowds.
What is the meaning of peer-to-peer fundraising?
Peer-to-peer fundraising is an online option to raise funds for non-profits through social and team networks by reaching out to each other on their behalf.
How can I get funds for a startup in India?
There will be multiple options like crowdfunding, finding angel investors, self-finance your business, get business loans from government banks and NBFCs.