DSV Consulting LLC has engagements with four (4) companies in the process of crowdfunding in a Small Online Public Offering (‘OPO‘) on a number of different crowdfunding platforms under Title III – Regulation Crowdfunding.
Success in funding
Crowdfunding is much like any other funding process. Your ultimate success depends upon the company’s officers’ ability to create a coherent mission statement, implemented by goals supporting the mission, all surrounding a compelling story line that includes a capable team, a solution to a problem, and some financial wherewithal. Any funding process requires:
- a business plan,
- a pitch deck, 14 pages of concise display of your business plan,
- a financial package with 3 years of financials, 2 years of pro forma(s) / forecast(s), and
- a website.
Crowdfunding success depends upon…
Adding crowdfunding success factors to that list, includes:
- social media (Facebook, Twitter, Instagram),
- LinkedIn profiles for all officers and advisors that list the company, and
- a website that is tied into Google Analytics and Facebook Pixels.
But also a number of other items:
- Officers should ensure that they can be confident that the minimum funding can be achieved within 7 days of opening the crowdfunding campaign;
- campaigns become stale within 42 days;
- set aside 4 to 10% of the total value of your campaign for advertising – Google advertising, reviewed by the crowdfunding platform, ensures that you can reach your campaign goals; and
- ensure that your campaign page(s) have plenty of video and links to your website to enhance the narrative on the crowdfunding platform’s campaign page.
Crowdfunding Platforms
There are a number of crowdfunding platforms, but these are the ones that we have interacted with:
Ask us for more details on our funding process.
About DSV Consulting LLC
DSV Consulting LLC is a management consulting and merchant banking organization helping emerging businesses structure and achieve growth. With over 45 years of experience with emerging businesses up to $10M revenue, our professionals have experience in diverse industries – custom software development, training, merchant banking, private equity, maritime, and oil & gas.
Our management consulting is wrapped in a simple format – checklist based, focused on client specifics, and built to provide long term value to our clients. Our merchant banking services combines our management consulting concepts with our extensive network of professionals spanning accounting (CPA), auditing, broker dealers, litigators, securities lawyers, among others.