If you have raised money for any charity or a community project, then surely you must be aware of fundraising. It is a process of asking for donations and monetary contributions from people and businesses, mainly through an event. Fundraising events are organized to raise money for a noble cause; previously, it was done by non-profit organizations, but now the scope has broadened. Currently, fundraising is used to uplift a community or help someone in need.  One of the reasons for organizing a fundraising event is to help a kid with no fam ily. Every kid deserves care and support, but man ..read more

Family expenses have increased over the past few decades, and the average healthcare expense for a family of four is over $25,000. Moreover, the burden is even higher for those falling on hard times with hospital stays and expensive treatments. It is hard for such a family to deal with such difficult times that come along with illness, injury, or any health treatment, especially in addition to the medical bills and healthcare costs.  Having health insurance is a boon, but many do not have such insurance. Even with insurance, sometimes it takes work to cover the costs of all the treatments ..read more

Time has taught us that we should be prepared to face emergencies as they are unpredictable. It can physically and mentally disturb you if you are not ready for it. The influence of Covid-19 has been felt in our lives. Among the many affected by the virus, few people could stay immune to the virus, while others have been hospitalized to incur huge expenses.  Medical emergency funds serve the purpose. What if you do not have the finances to meet the emergency? Your life would be at risk.  Income  Majorly income decides the amount to be saved for the emergency fund. People with a ..read more

What is Seed Funding? When a startup is planned, the company needs finances for many things, including office, equipment, staff, etc. More importantly, they need investment to grow and flourish in the market. In most cases, they would need capital from outside to set these things straight. Such initial capital raised by any startup is known as ‘seed’ capital.  The initial capital raised by a startup is significant because it helps the company to get off the ground. Sometimes, some private investors help the startups; they are called angel investors. Startups can also ask for bank loans fo ..read more

Medical emergencies can occur at any time and anywhere. A crowdfunding campaign can help raise money for treatments and care of a loved one who has been involved in a road accident, acid attack, cancer diagnosis, or immediate organ transplant. It is possible to accomplish this through emergency fundraisers. As a result of the pandemic and the following health complications, many of us are more in need of funds than ever before to deal with medical emergencies. Fundraising through emergency fundraising sites can help you or a loved one impacted by such an unprecedented event in a record number ..read more

Using social media and bioethics for medical crowdfunding creates a significant impression. The issues concerning bioethics are taking shape as blogs, discussion forums, and media. What is the impact of it on your business development? The growth of bioethical issues is sure to rise in the coming times. Hence, the necessity exists to be in tune with the changes happening. Argument exists. One side talks that using patients for social media promotion is not moral. On the other end, international law permits doing it. On the other end, how about using social media for medical crowdfunding? Let u ..read more

The internet has given a whole new platform to crowdfunding campaigns, and internet campaigners are a considerable part of this practice. The last few years have seen successful crowdfunding campaigns that have helped many people with their medical expenses. But there has always been a debatable question of whether paying medical bills through crowdfunding is ethical or not.  With crowdfunding, patients have found an excellent platform where they can get financial help from all over the world in a short while. It is most helpful to those without health insurance or sufficient funds to pay ..read more

Seeking financial help has been happening traditionally. How about online help? Many online sources are available to help make it happen. Major crowdfunding platforms such as Kickstarter, Crowdfunder, and GoFundMe allow you to help others from your doorstep.  The GoFundMe platform reports generating $5 billion from its inception, and several donors account for 50 million donors. Here is when the Internal Revenue Service (IRS) comes into action, especially when a considerable amount of money exchange happens. Here comes the question of whether tax requires paying for the crowdfunded money ..read more

The amount of capital available to businesses is shifting, and the status of the economy right now might make getting a loan seem like a nightmare. There may be alternatives to traditional loans accessible to you if you’re having trouble getting a bank loan or don’t like your present options. What is alternative funding? Alternatively, funding means obtaining finance for your business from sources other than standard bank loans. If you have had trouble getting loans in the past, have bad credit, or are unclear about how much cash your company needs, you might want to look into alternative fund ..read more

Crowdfunding has become quite popular over the past decade. It has a relatively low cost of entry. It made it easy for entrepreneurs to collect finances to turn their ideas into reality and pitch their businesses directly to the public. The accessibility of popular crowdfunding platforms has fueled this revolution in funding. For small business owners or startups, crowdfunding has helped them to sidestep the traditional gatekeepers of small business financing, like venture capitalists and banks.  However, it might look easy for some to launch a crowdfunding campaign that involves a lot of ..read more