BizSugar.com › Raising Capital › Budgeting a Crowdfunding Campaign!

Firstly, let’s distinguish a crowdfunding budget from a project goal. A budget concerns strictly the operational costs (fees and taxes included), whereas a goal incorporates both the budget and target. If a project’s goal equals $1600, for example, perhaps the crowdfunding budget accounts for $300 of that total. This is where personal investment comes into play: In order to adequately survey a market and promote an opportunity, crowdfunders require an initial commitment. This could range from 5% to 25% — it depends entirely on the type of project as well as the expenses likely to occur.