Tag: crowdfunding Australia

crowdfunding Australia

Crowdfunding Australia – How to fundraise money

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Crowd funding is the method for raising funds from interested donors for meeting the needs of an individual, firm or organization. Crowdfunding Australia is the generalized term coined for encapsulating all the crowdfunding Australia activities currently active ‘down under.’ Already a huge success in Australia, Crowdfunding Australia boasts of garnered funds to support quite a few projects and charity fund raising events.

Crowdfunding Australia seems an instant hit amongst the people of Australia. But drawing attention from the masses and seeking investments and donations can be a tough nut to crack and many of us are stuck up into the very starting of a campaign and knowing not about the prerequisites of them. To ease out all stresses and iron out all bumps which may arise, we present in some details the three keys to launch a successful project in lieu with crowdfunding Australia standards.

Keys to fundraise from crowdfunding Australia successfully

First things first, before we go into some depth about knowing the prerequisites or keys to a successful campaign or project over crowdfunding Australia platforms, one must have a clear idea about the cause or the motive behind the fundraising activity. Once a motive is clearly identified then the following keys would certainly help in making a project or campaign a real success over crowdfunding Australia.

  1. Narrate: The idea for fundraising or the cause behind a fundraising activity should be clearly narrated before the common folk. This can be done vide the means of online crowdfunding Australia platforms in a creative and effective way. Moreover, it can be popularized amongst the masses vide the common medium of offline advertising as well. The whole idea is to get the idea amongst the masses as widely circulated as possible. The more people know the story the more funds are likely to be collected.
  2. Shy Not: We in general are shy to reach out to people for asking help and seeking funds. But shy not and speak loud and clear over platforms provided by crowdfunding Australia. These platforms are indeed ideals for reaching out to the general public without any shyness and hiccups whatsoever. The real mantra for success over these crowd funding Australia platforms is simple, ‘Shy not to Gain more.’
  3. Zip, zap, zoom: Once there, you have to just kick start working on your mission simply start a campaign over crowd funding Australia platforms and get ready to collect funds by the events proposed from the interested people.

Crowdfunding Australia has certainly provided us with means to express our feelings openly and freely and surely it has taken a huge step helping people gather funds to traverse the road towards success a bit freely indeed.

crowdfunding Australia

Fundraising activities : A sample case of Regulation in crowdfunding Australia

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Fundraising has been a major source of income for non-profit organizations to sustain the cause for which they strive. There are substantially a large number of non-profit organizations and it won’t be a surprise if some of those use the funds for personal gains. To curb these off track activities it is important for nations to formulate rules in this regard. Here we catch up with regulations rules for crowdfunding Australia, more precisely Western Australia.

Pieces of legislation which regulate crowdfunding Australia

  1. The charitable collections Act of 1946:

It regulates the crowdfunding Australia by keeping a check over an organization which raises funds for charitable purpose. It is mandatory for such an organization to hold a license under this category.

  1. The Gaming and Wagering Commission Act of 1987:

There are many ideas for crowdfunding Australia causes which are enacted through raffles,auctions, bingo and gambling. This law checks these ways of raising funds in crowdfunding Australia, thereby sorting out unethical practices from ethical ones. These include providing help to the needy, be it unemployed, kindergarten, ill or hospitals.

  1. The Street Collections (Regulation) Act of 1940:

This act regulates whatever street fundraising activity which is done for crowdfunding Australia causes. Any kind of street collection comes under the purview of this legislation.

  1. The Liquor control Act of 1988:

Indeed, there are fundraising activities for crowdfunding Australia causes which involve selling of liquor for the fundraisers. This act regulates them.

With the above regulation acts on work,activities for crowdfunding Australia causes have become a regulated venture. In lack of these acts crowdfunding activities would have become a way to fill personal pockets.

Some Loopholes from which association benefit

As seen from the description of these acts, they cover various aspects of crowdfunding Australia, but there are certain points which do not come under its purview for example fundraising for school and sport activities. These are not considered in the genre of proper charitable funding as these might be organized by some association of teachers and parents to purchase needed resources for proper studies at school. Interestingly if the same associations raise funds for the homeless needy, then they must follow the mandate of holding a charity license according to the charitable collection act 1946.

As we see there are various rules which govern activities of crowdfunding Australia, but still there are loopholes, from which the defaulters could gain advantage. Hence, timely revision and addition of laws pertaining to crowdfunding Australia must be looked upon by the government.

Also, other countries where crowdfunding is more common have diligently enacted laws which curb frauds in this field. Countries where the practice of crowdfunding for charity is gaining pace, should take the matter of regulations on a serious note, thereby restraining fraud at a very early stage.

Get the Funding You Need For Your Project

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Get the Funding You Need For Your Project through the Best Fundraising Ideas

The truth is that there are many fundraising ideals but only few are effective and efficient to produce required result. So, you need not to contact a company that is not knowledgeable in fund raising when you want to fund raise for any reason. More so, you need to ensure that you hire a fund raiser that is current about the latest ideals in fund raising. These and more are what made it important for you to know https://www.pinterest.com/myefunder/ .

The Fundsourcing Ideas That Work

Whether you are sourcing for fund or you are planning to fund raise, there are needs for you to contact an expert for the service. There are many fund raisers that normally give their clients deadline for them to get certain amount of fund. Working with such fundraiser can make you lose everything and even be in debt. That is why you need to link up to the aforesaid link for easy fundsourcing experience.

Be In Control of Your Donated Fund through the Reliable Fundraiser on This Site

Apart from the fact that you will enjoy freedom without any set deadline for your fundraising when you leverage the service rendered on https://www.linkedIn.com/company/myefunder/ you are also going to stand chance of being in charge of your fund. There are no penalties for missing fundraising goal as there is nothing like goal in the first place. So, you will enjoy total freedom when you make this link selected for fundcrowding.

The Right Site You Need To Enjoy Equity in Your Fundraising on the Internet

Before going ahead to hire any fundraising expert on the internet, you need to know more about equity as regard the service of the company. Then what is equity as you may like to ask, it is simply fairness and treatment of others with justice and fairness. For that reason, you have to ensure that you contact a company that has equity as their watchword when you want to hire any company for your crowd funding.

A Must Know About Crowd Funding Sites on the Internet

Indeed, http://myefunder.com is the right site you need to know when you want to fund raise for any project. The truth is that there are multiple and other renowned fund raising sites which you can find inside this site mentioned above. That is why you have to confirm the content of this site when you want to fund raise.

 

Why Is Crowdfunding Important?

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Why Is Crowdfunding Important?

 

We here at MyEFunder get this question a lot.  It really depends on what type of crowdfunding we are referring to.  There are four major types of crowdsourcing (with multiple sub categories in each) and we will go over all 4 of them so you get an idea of which one is best for you.

Four Basic Types of Crowdfunding:

  • Donation Based Crowdfunding is where you create a campaign for a personal cause, whether it be for your self, a loved one like a family member or friend, for a business or a charity organization.  Usually these funds are donated from your network of social circles and are usually donation based.  This means that the people giving the money do not expect anything back in return.  They are giving donations based on the goodness of their hearts for that specific cause.  This idea is very similar to the GoFundMe (go fund me) style of crowdraising.  A great example of this would be MyEFunder.com

 

  • Reward or Idea Based Crowdsourcing is where people give funds (backers) for a specific idea and in return, they get a reward for the specific amount given.  The reward could be something as simple as a thank you, or it could be as big as having lunch with the inventor / owner of the project.  A famous idea that got the attention of a lot of backers was Oculus Rift which was started on Kickstarter, which facebook.com bought for $2,000,000,000. That’s right 2 Billion Dollars US.  Not only did the idea gain exposure and come into fruition, someone’s dream came a live and the backers rewarded from it as well by making it happen.  Do you want to see what else is out there, please visit rewards.myefunder.com for more details

 

  • Equity Based Crowdfunding is (more on this coming soon)

 

  •  Lending Based Crowdfunding is (more on this coming soon)

 

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