Starting a Food Business looks like a chaotic list of things to do. I help clients take the chaos and create a sound business model to get from Kitchen to Cash faster and without breaking the bank.
"How to fund a small business" was a difficult question to answer until recently. Crowdfunding in all its flavors... donation, lending and equity all address the unique characteristics of consumer products startups:
- Capital is not readily available for consumer products brands with less than $10 Million in revenue
- Crowd financing fits since the "crowd" shops and therefore understands consumer products better than conventional angel and VC financing
- Consumer based products companies achieve positive cash flow rapidly vs. other businesses
So if you are looking to get your food product out of the kitchen, on to the shelf and on to the consumers plate, read these articles on crowdfunding before you consider going to the bank.
See their unique Phase to Raise 30 day funding cycles.
See an example of how a startup food truck can raise capital.
Melt Organics raised $1 Million in 8 weeks!