What do you think about fund raising method of funding a business

cherry123

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There's always room for sourcing funds for a business which can be to either kickstart a business or just expand it. one wsys people go about trying to get funds is through fund raising campaign.

This is about soliciting a kind of donations from people which can be either online or offline. Do you prefer this one than taking loans from the bank? what do you think?
 
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I feel if someone wants to start up a kickstart for a business then they should have the option to do so. I do also believe though that when it comes to things like setting up a kickstart they should also provide a plan for their business so that people can see if it is worth them investing in that business and helping the person open that business.

Bank loans I feel should be a first choice though over asking people for help with a business, especially if they have business plans.
 

cherry123

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I agree with you because I have even noticed that a lot of people prefet taking bank loans than using the fund raising system maybe they try to avoid future problems
 
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