Weʼre raising £5,000 to start a new business
- Cockermouth, Cumbria, United Kingdom
Crowdfunding is a new type of fundraising where you can raise funds for your own personal cause, even if you're not a registered charity.
The page owner is responsible for the distribution of funds raised.
I am in the process of setting up a new business venture. For this I am relying on charitable donations from family, friends and local companies.
The business is within the sales and marketing segment and initially will be based around the hospitality and catering industry (of which I have many years experience - from hotels, restaurants, bars and cafes). Profits made from the company will be given back to "shareholders" on a monthly basis and paid into a Cumberland Building Society account of their choosing (my business advisor is with The Cumberland).
Any company or group helping with this business will receive free advertising from the company in terms of sales and marketing (as well as 10% of the annual financial profits). A further 10% of the profits will be divided and given to local charities - for which "members" may select an organisation to donate to.
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Andrew Straughton started crowdfunding