Raise Capital With Private Investors

If you have launched your own startup, your first biggest challenge is to raise capital. Fortunately, you choose from a lot of options to raise the funds your business needs. Among all the sources, crowdfunding is one of the best ones as it helps redefine how startups can get off the ground. In this article, we are going to help you know the benefits of raising capital with private investors through a crowdfunding platform. Read on to find out more.

Benefits of raising capital with private investors

1. Funding is not equity-based

First of all, crowdfunding is not necessarily equity-based. Although startups have the liberty to use the equity in order to catch the attention of potential investors, It’s not required to give up ownership to collect capital.

The good news is that some platforms allow their members to apply a reward-oriented approach in order to raise capital. For instance, if your business deals in a specific product, make sure you hand over a few units to your prospective investors before you roll it out for the ultimate users.

2. Attracting potential investors is easy

With crowdfunding, you can attract a lot of potential investors without putting in a lot of effort. Although you can try for angel investors, keep in mind that this process can cost you a lot of time. The reason is that you will have to pitch your small business concept several times.

On the other hand, if you use a crowdfunding platform, you will have to post your business pitch in only one place. And this page will be ready by hundreds of investors from across the globe.

These platforms have a lot of useful features that may help startups collect funds from investors. So, attracting potential investors and raising capital will be much easier using crowdfunding platforms.

3. Higher visibility

Crowdfunding can help you make your startup more visible. Since marketing may consume a large chunk of your budget, it makes sense to use a crowdfunding platform instead. For potential investors, it’s easy to fund a crowdfunding campaign.
And these activities can help boost the visibility of your brand. Plus, you can also attract investors for your next funding rounds.

 

 

Discretionary Income Choices

Making the most of your discretionary income

Discretionary income is what you have left over after paying your fixed costs. It is yours to spend on whatever you choose.

But…
How you spend this money can make a difference to your financial situation, but before this we have to ascertain what is discretionary income.

Rent/rates

Car running expenses

Power

Debt

Groceries etc.

People who have an addiction of some kind will prioritize their spending so that the addiction is included among their fixed expenses.

Everyone as an adult has freedom of choice unless they have debts which means their freedom is being eroded away in relation to their level of debt.

The old Proverb, “The borrower is a slave to the lender,” sums it up.

We all have some control over most of our fixed expenses such as groceries and power;we can cut down on these but with items such as rates/rent are fixed but even then we can choose to live in a more modest apartment or downsize.

The excess to your expenses is called discretionary income.

Another way of increasing your disposable (discretionary) income is to increase your income by getting a part-time job, getting a higher paying job, or selling stuff online.

Saving your discretionary spending for some greater purpose instead of frittering it away gives your life some meaning. Instead of just letting things happen you are making things happen. Many people in 10-20 years time wondered what happened.

There is a major difference between saving your money and investing it. Astute investors use their discretion to increase their wealth by investing in higher risk stocks and shares, gold, and cryptocurrency. There are enough online platforms where you are able to drip feed money into these things if you are still climbing up the investment ladder.

But then you may prefer to save for a holiday and tick off one or two items on your bucket list. The border closures will restrict your choice of places but here in New Zealand there are so many fantastic places to visit it is an opportunity to discover your own backyard.

Among the more popular activities in New Zealand are landing on the Franz and Fox Glaciers, going for a dip in the Hanmer Springs hot pools, visiting the wine region of Marlborough, or attending one of the sports meetings around the country. One thing I have to mention here is the Tranz Alpine Express train journey between Christchurch and Greymouth. It is rated one of the finest train journeys in the world and having experienced it I do not disagree. It has to be on everyone’s bucket list.

Using A Dry Cabinet to Store Your Electronic Components

If you are finding it difficult to keep your electronic components in tip-top condition due to the high level of humidity, you are on the right page. Humidity can cause the growth of mold and condensation on your electronic components. Therefore, you may want to get a dry cabinet as these units can help you resolve this issue without any problem. Read on to find out more about the importance of using these products.

Typically, a dry cabinet is an enclosure that can protect your materials from excessive moisture. In most cases, these products are used to store appliances and equipment that may not work properly if exposed to a high-humidity environment.

Actually, some instruments and equipment such as electronics, pcb boards and lens will stop working if stored in a high humidity environment. Moisture can reduce the internal performance of components and may cause them to malfunction.

Without further ado, let’s take a look at some solid reasons why you may want to store your electronic components in an Auto dry cabinet.

Importance of Using Dry Cabinets

First of all, you need to understand that fungus can develop in areas where the humidity level is too high. If something can damage your electronic components the most, it cannot be any other thing but a fungus. On top of this, the fungus is difficult to remove and may cause a lot of damage to your expensive electronic components.

Apart from this, the fungus continues to grow between the lens and the lens of the glass. Usually, you may face this problem if you keep your camera in an environment with fungus and a high level of humidity. The moment fungus starts to grow, it won’t take much time to spread and infect other things that you have placed near your gear.

If your electronics has been infected with fungus, you may not want to clean it with force or you may end up damaging the special coating on your electronics.

Typically, EMS manufacturers store their humidity sensitive devices in drawers and cupboards. Inside these storage units, the environment is dark and humid. As a result, fungus can easily thrive. Besides, these EMS manufacturers are from countries where the climate is humid and tropical throughout the year.

So, the best solution is to get dry cabinets. These units can make sure your expensive electronic is protected against dust, water vapor, and a high level of humidity.

Importance of Credit and Financial Services for an Individual and Business

Just like money, the importance of credit and financial services cannot be ignored. We know that money is like the backbone of any economy. Plus, the functionality of an economy is dependent on the financial system of the state. In this article, we are going to find out more about the importance of credit and financial services as far as individual investment and growth are concerned. Read on to find out more.

Importance of Credit

In any economy, the role of credit is of paramount importance. Basically, credit is a form of trust that allows someone to provide resources or money for another person. Moreover, it is the credit system that gives support to the economic activities of a state.

If you want to achieve your professional, personal or financial goals, you have to understand the importance of credit. Today, commercial banks keep the savings of their account holders and provide these funds on credit to needy people and businesses.

Smart people use credit money in order to run a business successfully. If they are not provided money by banks, they won’t be able to use their talents and abilities. Bank loans help a lot of businesses produce goods and services for the economy.

When people buy a house for the first time, credit plays an important role in these transactions. The lending bank needs a surety that the borrower will be able to pay off the loan in a timely fashion. Therefore, they check the ability of the borrower to make sure they earn enough money to pay the installments and meet their day-to-day expense.

Importance of Financial Services

Financial services are an important section of any financial system. This financial system offers different types of finance using different credit instruments, services, and financial products. With the help of these services, it is possible to increase the demand for certain products and services.

With the help of financial services, it is possible to improve the economic condition of a state. If people in a state enjoy a higher standard of living, it means that the financial services of the state are up to the mark.

With financial services, people get different types of consumer products, such as cars, through a process called hire purchase. Apart from this, mutual funds allow individuals to avail of opportunities, such as saving options. This allows them to enjoy a reasonable return on investment, which is the dream of any business.

As far as promoting investment for raising capital is concerned, merchants can borrow money from a bank. Apart from this, insurance companies allow producers to reduce their risk caused by natural calamities and changing business conditions.

Businesses can get different types of financial assets that allow them to get the maximum return from their investments. For instance, some factoring companies can use financial services in order to increase their profit and turnover.

In short, this was a description of the importance of credit and financial services for an individual or economy. Hopefully, you will find this article helpful.