DOCSLIB.ORG

Market Analysis Florida Managers Workshop

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Market Analysis Florida Managers Workshop FLORIDA MAIN STREET TIPS FOR BUILDING A HEALTHIER BUSINESS MIX CONTACT INFORMATION TIPS FOR BUILDING A HEALTHIER DOWNTOWN 1. Commercial Assessment. 2. Understanding Consumer. 3. Developing a Strategic Plan. 4. Recruiting from within. 5. Funding options. Hilary Greenberg 6. Business Recruitment. 704.366.1541 [email protected] MARKET ANALYSIS FLORIDA MANAGERS WORKSHOP Retail Retail Supply MORNING SESSIONS: Demand (Square Feet) (Square Feet) Survey and Retail Mix Focus • Evaluating your Downtown. Analysis Group Research Competitiveness STRATEGIC Trade Area of Existing PLAN Demographic • Understanding your Market. Trade Area and Lifestyle Stores Analysis Competitiveness Analysis of Non- • Developing a Strategic Plan of Existing Local Market Regional Stores Consumer Segments Behavior in (Tourists, Workers) Store Category JUNE 2014 FLORIDA MANAGERS WORKSHOP DIFFICULT TIMES AFTERNOON SESSIONS: • Recruiting businesses from within. • Financial incentives and funding for small businesses. • Business Recruitment strategies and tips. NEW REALITY NEW REALITY DEMOGRAPHIC: REAL ESTATE: • Population shift to • Changing credit larger cities and financing • Flat growth rate • Fewer tenants • More diverse • Declining rents markets • Delayed projects • Volatile economy • Limited capital • Changing improvements consumer trends NEW REALITY TECHNOLOGY: • Rural high speed internet • Web savvy customers • Smart phone coupons • Mass Mingling JUNE 2014 OPPORTUNITY FOR DOWNTOWN Downtown Is More Important Than Ever Trade area boundaries are blurring. Employment hubs and catalyst for local jobs. − Spaces for entrepreneurs. − Access to labor force. More start-ups. − Physical proximity for face-to-face meetings. − Convenient location. New tenants as site criteria changes. Retail sales are important revenue for Govt. and offset declines in Residential tax base. Increased sales from Local expenditures create multiplier effect. multi-channel selling. Attract younger market segments. New development through creative partnerships. TIPS FOR BUILDING A WHOWHO ARE YOURTHE CUSTOMERS? CUSTOMERS? HEALTHIER DOWNTOWN 1. How Well Do You Understand the Customer. 2. Evaluating Downtown’s Business Base. 3. Developing a Strategic Plan 4. Recruiting from within 5. Funding options 6. Business Recruitment MARKET ANALYSIS UNDERSTAND YOUR MARKET • Trade area Trade area defines retail opportunities • Market profile Disneyworld • Lifestyle segments Destination/Regional – 30 + min Department Store/Big Box Retail • Sales gaps/retail Comparison/General – 15-30 min demand Specialty Food Store Convenience/Neighborhood – 5-10 min. • Market Drugstore opportunities JUNE 2014 TRADE AREAS TRADE AREA Watch for physical barriers and historical commuting patterns SURVEYS TO CLARIFY ZIP CODE SURVEY BOUNDARIES MARKET PROFILE TRADE AREAS Use free report to draw boundaries JUNE 2014 MARKET PROFILE MARKET TRENDS Gen Y- 70 M people (ages10-29) DEMO & • Income Key Gray Wave -77 M people (ages 55-69) ECONOMIC • Age PROFILE Demographic Increasingly diverse households • Race trends • Occupation • Wages • Employment MARKET TRENDS • FL getting younger and more diverse. • Workers are delaying retirement. • More multi- generational families. • Younger, educated prefer Cities- Downtowns. • More jobs from immigrants. MARKET ASSESSMENT MARKET ASSESSMENT Use charts and Use charts and graphs to graphs to clarify data clarify data JUNE 2014 MARKET ASSESSMENT CONSUMER TRENDS Free Data Reports THE “FRUGAL” CONSUMER THE “GREEN” CONSUMER THE “LOCAL” CONSUMER THE “LOCAL” CONSUMER JUNE 2014 THE “CHARITABLE” CONSUMER CONSUMER ATTITUDE Surveys: Consumer Intercept Business Focus groups Interviews LIFESTYLE TRENDS MARKET ASSESSMENT • Religion Lifestyle • Ethnicity trends • Employment • Income • Geography LIFESTYLE SEGMENTS MARKET ASSESSMENT LFESTYLE CATEGORIES Midlife Junction Enterprising Professinal Old and Newcomers Rust Belt Tradition Tertiary trade area More Cozy and comfortable Secondary trade area Purchase Primary trade area segments = Aspiring Families Milk and Cookies market more niche Boomburgs niche businesses Up and Coming 0.00 5.00 10.00 15.00 20.00 25.00 PERCENTAGE OF HOUSEHOLDS data JUNE 2014 MARKET ASSESSMENT RETAIL SALES GAP RETAIL SALES • Trends • Comparisons • Competition • Sales Gaps • Downtown Share RETAIL SALES LEAKAGE SALES GAP ANALYSIS POTENTIAL SALE - ACTUAL SALES = SALES LEAKAGE OR (SURPLUS) Areas with malls or tourist attractions have • Potential sales = sales surplus average HH expenditure multiplied by # of HH in trade area • Actual Sales = Florida Dept of Revenue or Data Co. Rural areas have sales leakage • Sales Surplus = When actual sales are greater than potential sales. • Sales leakage = Potential sales are greater than actual sales DOWTOWN SHARE RETAIL SALE ANALYSIS • Consumer Expenditure Survey POTENTIAL SALES • Claritas, ESRI (Data Company) • Sales Marketing’s Survey Of Buying Power ACTUAL SALES • Dept. of Revenue • Claritas, ESRI (Data Company) SALES PER • ULI ---Dollars-Dollars and Cents of Shopping SQUARE FOOT • http://www.uwex.edu/ces/cced/dma “HOW TO” • National Main Street Center PUBLICATIONS • State Main Street Program JUNE 2014 MARKET ASSESSMENT MARKET OPPORTUNITY • Demand by Purchase niches clusters sales leakage reports • Demand by store Or use templates categories r surplus • Specific stores STORE CATEGORY EXERCISE • Home Décor Total households 10,000 • Restaurant MARKET Average per HH sale $4,000 OPPORTUNITIES • Soft goods Furniture County actual sales $30M • Lifestyle store Downtown share of market 30% Average sales per foot $200 • Convenience Existing amount of space 7,500 ft. • Medical EXERCISE EXERCISE 1. Potential Downtown sales: 4. Downtown Share: County hh multiplied by State’s 10 million X 30%= 3 million average sale per hh 10,000 x 4,000 = 40 million 5. Downtown Sq. Ft.: 2. Actual sales: 30 million 3 million/$200 = 15,000 ft. 6. 15,000- 7,500 3. Sales Leakage = 40-30= 10M Downtown can support additional store. JUNE 2014 CONTACT INFORMATION TIPS FOR BUILDING A HEALTHIER BUSINESS MIX Hilary Greenberg 704.366.1541 [email protected] FLORIDA MANAGERS WORKSHOP FLORIDA MANAGERS WORKSHOP MORNING SESSIONS: AFTERNOON SESSIONS: • Evaluating your Downtown. • Recruiting businesses from within. • Financial incentives and funding for small • Understanding your Market. businesses. • Developing a Strategic Plan • Business Recruitment strategies and tips. MARKET ANALYSIS Retail Supply square ft. Retail Mix Analysis Assessment Competitiveness of Retail of Existing Opportunities Trade Area Stores Competitiveness of Existing Regional Stores Consumer Behavior in Store Category JUNE 2014 COMMON PROBLEMS 2. EVALUATING DOWNTOWN • Vacancies • Conditions • Deferred maintenance − Buildings − Streetscape • Sales-Rent-Value skewed − Environmental • Obsolete selling space − Regulatory • Underutilized upper floors − Social • Skewed retail mix • Real Estate • Few destination uses − Ownership • Underperforming retailers − Condition − Opportunities • Inconvenient parking • Business Mix • Unmotivated property owners − Function and use • Dysfunctional government − Location − Cluster • Business Viability BUILDING FAÇADE AND PHYSICAL CONDITIONS CONDITIONS Buildings: Facades Interiors STREETSCAPE STREETSCAPE JUNE 2014 COMMERCIAL ASSESSMENT • Crime • Homelessness • Building code • Zoning • Energy efficient • Walkability PUBLIC ATTITUDES CONDITIONS ASSESSMENT • Maps • Parking and traffic studies • Streetscape plans • Engineering studies • Consumer Intercept & Business survey • Facade renderings • Building inspection REAL ESTATE LOCATION • Availability • Price • Location • Condition • Ownership • Opportunities JUNE 2014 LOCATION CHALLENGES OPPORTUNITIES OPPORTUNITIES JUNE 2014 COMMERCIAL ASSESSMENT TYPES AND USES • Business Mix − Types of Use − Function − Location − Ownership − Target Customer − Business Cluster MOST COMMON BUSINESSES OWNERSHIP BY TYPE OF USE WITHIN .5-Miles OF TOWN • Locally-owned • Franchise • Chain • Start-up • Immigrant merchants • Part-time/hobby retailers Source: InfoUSA BUSINESS INVENTORY TYPES OF USES Downtown data base software JUNE 2014 TYPES OF CLUSTERS COMPETITIVE • TARGET MARKETS − Proximity • Jewelry − Demographic characteristic • Shoes − Lifestyle • Furniture − Employment • Pawn • CLUSTER • Nail − Compatible − Complementary − Competitive BUSINESS CLUSTERS COMPLEMENTARY Similar customers or complementary products • Shoppers goods • Government/legal • Home • Restaurants Bars and Entertainment • Wedding • Lifestyle retailers BUSINESS VIABILITY WARNING SIGNS • Rising vacancy rate • Operation/practices • Expenses>Cash flow • Ownership • Financing or credit issue • Financing • Employee turnover • Cash flow • Cutback in ads • Technology • Regulations • Tenant issues • Personal problems JUNE 2014 BUSINESS VIABILITY BUSINESS OPERATION Survey businesses to clarify issues –Personal interview –Survey monkey –Zoomerang Conduct audits –Inventory and store layout –Back door sales BUSINESS VIABILITY COMMERCIAL ASSESSMENT • Update business & • Prepare a map showing • Evaluate technology savvy property inventory and similar businesses by conduct interviews. − Website cluster, target customer • Interview developers, and function. − Social media store managers, lenders to identify • Map location of vacant − Email newsletters and surveys issues. and underutilized • Hold small business buildings and rental meetings to identify space. • Evaluate financing gaps and issues common issues. • Summarize strengths − Talk with Local lenders and CPA • Organize a “first and
Load more

Recommended publications
  • Practical Guidance at Lexis Practice Advisor®
    Practical guidance at Lexis Practice Advisor® Lexis Practice Advisor® offers beginning-to-end practical guidance to support attorneys’ work in specific legal practice areas. Grounded in the real-world experience of expert practitioner-authors, our guidance ranges from practice notes and legal analysis to checklists and annotated forms. In addition, Lexis Practice Advisor provides everything you need to advise clients and draft your work product in 14 different practice areas. Douglas S. Ellenoff Market Trends: Crowdfunding by Douglas S. Ellenoff, Ellenoff Grossman & Schole LLP (all market data by Sherwood Neiss and Jason Best, Crowdfund Capital Advisors) Overview Unlike other provisions of the Jumpstart Our Business Startups Act of 2012 (the JOBS Act), Regulation Crowdfunding securities-based crowdfunding, also known as Title III, had only slightly more than six months of results by the end of 2016, since this particular provision only went into effect May 16. Regulation Crowdfunding prescribes rules that permit securities-based crowdfunding by private companies without registering the offering with the Securities and Exchange Commission (SEC) pursuant to new Section 4(a)(6) (15 U.S.C.S. § 77d) of the Securities Act of 1933, as amended (the Securities Act). Consequently, pursuant to this provision, this statutorily permitted form of crowdfunding is only permissible in the United States, although there are versions of Regulation Crowdfunding in other jurisdictions. During the limited six-month initial period of Regulation Crowdfunding, there has been a slow but steady increase in all aspects of this emerging industry. On the day of implementation, there were fewer than 10 Financial Industry Regulatory Authority (FINRA) approved crowdfunding portals and nearly 25 entrepreneurial campaigns posted to those same sites for investor consideration.
    [Show full text]
  • Equity Crowdfunding: a Market for Lemons? Darian M
    College of William & Mary Law School William & Mary Law School Scholarship Repository Faculty Publications Faculty and Deans 2015 Equity Crowdfunding: A Market for Lemons? Darian M. Ibrahim William & Mary Law School, [email protected] Repository Citation Ibrahim, Darian M., "Equity Crowdfunding: A Market for Lemons?" (2015). Faculty Publications. 1792. https://scholarship.law.wm.edu/facpubs/1792 Copyright c 2015 by the authors. This article is brought to you by the William & Mary Law School Scholarship Repository. https://scholarship.law.wm.edu/facpubs IBRAHIM_4fmt 1/3/2016 1:00 PM Article Equity Crowdfunding: A Market for Lemons? Darian M. Ibrahim† INTRODUCTION Everything is online now—the way we connect with others, the way we shop, even some forms of education. We keep up with friends on Facebook we cannot see in person, buy light bulbs from Amazon rather than making a trip to the hardware store,1 and obtain an MBA at night on our computers from the comfort of our own home after the kids have gone to bed.2 One area that has initially resisted the move to cyberspace, howev- er—eschewing the virtual world for the real one—is entrepre- neurial finance. Venture capitalists (VCs) and angel investors have long valued close networks and personal relationships when select- ing which entrepreneurs to fund, and they closely monitor their investments in person after they fund.3 These practices lead to intense locality in funding—i.e., investors funding entrepre- † Professor of Law, William & Mary Law School. My thanks to Brian Broughman, Joan Heminway, Don Langevoort, Alan Meese, Nate Oman, Ja- son Parsont, Gordon Smith, participants in a faculty workshop at Washington & Lee for helpful feedback on this Article.
    [Show full text]
  • Briefing – Investing in Robotics and Automation: Supporting Ideas Through Crowdfunding Platforms
    MENU Briefing – Investing in robotics and automation: Supporting ideas through crowdfunding platforms JUNE 27, 2018 BY DAVID EDWARDS In this article, Robotics and Automation News takes a look at crowdfunding platforms If you’ve got some money to invest, you may have considered, or even participated in, a crowdfunding campaign. You wouldn’t be alone, of course, since literally billions of dollars have been raised in the past few years through such platforms. The giants of the crowdfunding market are names you may be familiar with – Kickstarter and Indiegogo come to mind immediately. Between them, these two platforms raised $3 billion by 2015, according to Investopedia. Indiegogo, which was established in 2007, had raised $1 billion, while Kickstarter, founded in 2009, had raised $2 billion. That was a couple of years ago, so they may have reached another billion between them by now. Also, many similar crowdfunding platforms have been started in the past few years, a few of them by the big two mentioned above. For example, Indiegogo launched a platform called Microventures, which has capital commitments of approximately $12 million, according to data collated by Crowdfund Capital Advisors and published on VentureBeat.com. (See pie chart below.) Along with Kickstarter and Indiegogo, Investopedia includes another crowdfunding platform called CircleUp in its “top 3”. CircleUp has raised approximately $305 million for more than 200 entrepreneurs since its launch in 2011. CircleUp tends to specialise in helping what are described as “emerging brands” that are looking to raise capital to grow their business and take it to the next stage.
    [Show full text]
  • Advancing Gender Equality in Venture Capital
    ADVANCING GENDER EQUALITY IN VENTURE CAPITAL WHAT THE EVIDENCE SAYS ABOUT THE CURRENT STATE OF THE INDUSTRY AND HOW TO PROMOTE MORE GENDER DIVERSITY, EQUALITY, AND INCLUSION Women and Public Policy Program Harvard Kennedy School October 2019 ADVANCING GENDER EQUALITY IN VENTURE CAPITAL WHAT THE EVIDENCE SAYS ABOUT THE CURRENT STATE OF THE INDUSTRY AND HOW TO PROMOTE MORE DIVERSITY, EQUALITY, AND INCLUSION This report was authored by Siri Chilazi, Research Fellow at the Women and Public Policy Program at Harvard Kennedy School. Please direct any correspondence to: Women and Public Policy Program Harvard Kennedy SchoolWomen and Public Policy Program 79 JFK Street Harvard Kennedy School Cambridge, MA 02138 October 2019 [email protected] TABLE OF CONTENTS THE CASE FOR CHANGE Foreword .................................................................................................................................................... 1 Why Should VCs Care About Gender Equality? .................................................................................. 2 An Ecosystem Approach to Advancing Gender Equality in Venture Capital .................................... 5 RESEARCH REPORT: ADVANCING GENDER EQUALITY IN VENTURE CAPITAL Venture Capitalists and Gender Equality .............................................................................................. 8 Industry-Wide Barriers to Gender Equality ............................................................................................ 9 What Works: Dismantling Industry-Wide
    [Show full text]
  • Crowdfunding Cheat Sheet
    Crowdfunding Cheat Sheet Crowdfunding is a new, transformative capital-raising process empowered by technology that turns the t​rust and g​oodwill of your n​etwork into f​unds to start or grow your business ​ ​ ​ ​ by allowing a l​arge number of people to share s​mall amounts of their s​ocial, creative, and financial capital ​ ​ Type of Donation Rewards Investment (JOBS Act) Intrastate/DPO Lending Crowdfunding contributions in exchange securities, unaccredited securities, online platforms for rewards or perks, and accredited** investors, unaccredited and How does it fundraising for personal that match pre-sales/pre-payment for subject to SEC rules - accredited** work? needs or causes borrowers with products before Reg CF, Reg D (506c), investors with individual lenders manufacturing Reg A+ state-specific rules individuals, individuals, startups & existing startups & existing businesses pre-startups, startups Who is it for? individuals, nonprofits pre-startups, startups, businesses with local with an investor strategy & existing existing businesses, nonprofits focus businesses ArtistShare ~ Barnraiser AgFunder** ~ AngelList** ~ Bankroll CaringCrowd ~ Causes Credibles ~ Crowd Supply CircleUp** ~ Crowdfunder** CauseVox ~ Classy Experiment ~ Fundable Crowdfund Mainstreet ~ EquityNet** CrowdRise ~ Deposit-a-Gift Hatchfund ~ iFundWomen Fundable** ~ Honeycomb Credit DonorsChoose ~ FirstGiving no platform needed Examples of Indiegogo ~ InKind Localstake ~ Manhattan Street Capital Kiva* Fundly ~ Fundrazr or state-specific Kickstarter ~ Patreon
    [Show full text]
  • Small Business Innovation Research (SBIR) Program Overview SBA/NCET2 Webinar Series
    Small Business Innovation Research (SBIR) Program Overview SBA/NCET2 Webinar Series June 25, 2014 Program Overview 2 2.8% Small Business Innovation Research (SBIR) : a set-aside FY2013 program created by Congress in 1982 for small business concerns to engage in Federal R&D -- with potential for commercialization. 0.40% Small Business Technology Transfer (STTR) : a set-aside FY2013 program created by Congress in 1992 to facilitate cooperative R&D between small business concerns and U.S. research institutions -- with potential for commercialization. SBIR and STTR were reauthorized by Congress in P.L. 112-81 for 2011 – 2017, with annual increases in the assessment of Federal extramural RDT&E funds. Program Goals 3 SBIR est. 1982 Stimulate technological innovation Use small business to meet Federal R&D needs Foster and encourage participation by minorities and disadvantaged persons in technological innovation Increase private-sector commercialization innovations derived from Federal R&D STTR est. 1992 Stimulate and foster scientific and technological innovation through cooperative research and development carried out between small business concerns and research institutions Foster technology transfer between small business concerns and research institutions SBIR Program Eligibility 4 Organized for- profit U.S. business 500 employees or fewer, including affiliates More than 50% directly owned and controlled by one or more individuals (who are citizens or permanent resident aliens of the United States PI’s primary employment must be with the small business concern New eligibility authority available to Agencies from reauthorization: More than 50% directly owned and controlled by one or more for-profit businesses, each being more than 50% owned and controlled by one or more individuals Be a concern which is more than 50% owned by multiple venture capital operating companies, hedge funds, private equity firms, or any combination of these.
    [Show full text]
  • Crowdfunding: the Real and the Illusory Exemption
    \\jciprod01\productn\H\HLB\4-2\HLB205.txt unknown Seq: 1 4-SEP-14 12:10 CROWDFUNDING: THE REAL AND THE ILLUSORY EXEMPTION JASON W. PARSONT* Crowdfunding is commonly defined as raising small amounts of capital from a large number of people over the Internet. To avoid the expense of securities regulation, companies often crowdfund by giving away rewards (such as a free t-shirt) instead of selling stock or other securities. In April 2012, Title III of the JOBS Act sought to change this status quo by directing the Securities and Ex- change Commission (SEC) to facilitate securities-based crowdfunding through websites like Kickstarter. Congress and the President believed this would broaden access to sidelined capital and help companies grow and hire. But this “retail crowdfunding” exemption, open to all investors, was not the only means of crowdfunding in the bill. A last minute compromise, which has been largely overlooked, expanded the ability of issuers to use the private placement exemp- tion, as revised in new Rule 506(c), to crowdfund from accredited investors. This “accredited crowdfunding” exemption provides a less regulated capital-raising alternative to retail crowdfunding that is available to the same companies and more. This article is the first to examine the impact that accredited crowdfunding will have on retail crowdfunding. It claims that accredited crowdfunding is likely to dominate and, depending on SEC action, could render retail crowdfunding su- perfluous or a market for lemons. But it also claims that accredited crowdfund- ing—when compared to traditional private placements—may face a similar lemons problem over the longer term on account of rules that discourage inves- tors from fending for themselves.
    [Show full text]
  • Crowdfunding: a Resource Exchange Perspective
    Crowdfunding: A Resource Exchange Perspective Abstract Michael D. Greenberg Online crowdfunding has gained attention among novice 2133 Sheridan Rd. entrepreneurs as an effective platform for funding their Evanston, IL 60208 USA ventures. However, a focus on the financial nature of the [email protected] relationship has obscured the complex interpersonal in- Julie Hui teractions involving the exchange of non-financial re- 2133 Sheridan Rd. sources. Drawing from resource exchange theory in the Evanston, IL 60208 USA marketing literature, we look at the exchange of re- [email protected] sources and the mechanisms that facilitate this exchange in online crowdfunding. We analyzed 81 popular online Elizabeth Gerber crowdfunding platforms to reveal the exchange of various 2133 Sheridan Rd. resources including: money, love, information, status, Evanston, IL 60208 USA goods, and services through mediated, unmediated, and [email protected] hybrid structures. Using resource exchange theory as a lens, we examine crowdfunding as a new type of crowdwork platform and explain how resource exchange theory can help the HCI community understand new, crowdwork platforms. Author Keywords Crowdfunding; crowdsourcing; framework; survey; re- source exchange; online communities; innovation; work practices; online communities ACM Classification Keywords H.5.3 [Group and Organization Interfaces]: Design Copyright is held by the author/owner(s). Introduction CHI’13, April 27 – May 2, 2013, Paris, France. The popular press heralds crowdfunding as a way for ACM 978-1-XXXX-XXXX-X/XX/XX. people, typically with limited access to capital, to raise money for ventures and for a crowd, a distributed net- Crowdfunding work of individuals, to support them They celebrate its Broadly, crowdfunding platforms support the request for potential to spur new ventures that can fuel the economy financial resources in exchange for a reward offered by a [13].
    [Show full text]
  • Real Estate Crowdfunding
    HOT TOPIC ALERT March 2016 HOT TOPIC ALERT Real Estate Crowdfunding “Crowdfunding” is a term much in vogue recently. Traditional lending sources are bypassed with crowdfunded projects, allowing individual investors to directly evaluate a proposal based on their own criteria or financial interests. The system has populist appeal: in theory, crowdfunding enables those who would otherwise be denied access to capital to move forward with a crowdfunded platform. The theory may have some validity, crowdfunding is a significant business model in today’s economy. Crowdfunding investment solicitations are often directed towards individuals without a high net worth or large disposable income. Those investors are attracted by the low minimum investment, and the low fees charged by intermediaries. Often investors are motivated to invest in projects within their community or products they personally believe will succeed. What is “crowdfunding?” Merriam-Webster defines the term as “the practice of soliciting financial contributions from a large number of people especially from the online community.” The contributions are solicited through a third party, known as a platform, which charges a percentage of the funds collected as a fee. Some of the better known crowdfunding platforms include Kickstarter, IndieGoGo, and MicroVentures. Crowdfunding is popular in artistic communities, with performers, composers, and writers all seeking financial support for their projects. Even independent bookstores have turned to crowdfunding as a way to keep their businesses operating in the face of much bigger competition. There are four main types of crowdfunding: 1. Donation based, in which donations are solicited without anything offered or expected in return. The popular fund-raising site GoFundMe is an example of this type of crowdfunding.
    [Show full text]
  • Crowdfunding and the Federal Securities Laws
    University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln College of Law, Faculty Publications Law, College of 2012 Crowdfunding and the Federal Securities Laws C. Steven Bradford University of Nebraska-Lincoln, [email protected] Follow this and additional works at: https://digitalcommons.unl.edu/lawfacpub Part of the Legal Studies Commons Bradford, C. Steven, "Crowdfunding and the Federal Securities Laws" (2012). College of Law, Faculty Publications. 119. https://digitalcommons.unl.edu/lawfacpub/119 This Article is brought to you for free and open access by the Law, College of at DigitalCommons@University of Nebraska - Lincoln. It has been accepted for inclusion in College of Law, Faculty Publications by an authorized administrator of DigitalCommons@University of Nebraska - Lincoln. Columbia Business Law Review (2012), pp. 1-150 CROWDFUNDING AND THE FEDERAL SECURITIES LAWS C. Steven Bradford* Crowdfunding-the use of the Internet to raise money through small contributions from a large number of investors-could cause a revolution in small-business financing. Through crowdfunding, smaller entrepreneurs, who traditionallyhave had great difficulty obtaining capital, have access to anyone in the world with a computer, Internet access, and spare cash to invest. Crowdfunding sites such as Kiva, Kickstarter, and IndieGoGo have proliferated, and the amount of money raised through crowdfunding has grown to billions of dollars in just a few years. Crowdfunding poses two issues under federal securities law. First, crowdfunding sometimes involves the sale of securities, triggering the registration requirements of the Securities Act of 1933. Registrationis prohibitively expensive for the small offerings that crowdfunding facilitates, and none of the current exemptions from registration fit the crowdfunding model.
    [Show full text]
  • November Brief
    Crowdfund Capital Advisors November , 2016 Regulation Industry News, analysis and commentary Crowdfunding Brief November Highlights • Commitments: After a record October, November saw a drop in both total Capital Commitments and individual Investors. This may be attributed to the Thanksgiving holiday. • What to Watch: The US Election saw the lowest day of Capital Quarterly Webinar Commitments as Investors went to the polls. Post election there was a general surge in Commitments as Investors potentially CCA held it’s first quarterly became comfortable with a Trump Presidency and his pro jobs, Startup and SME platform. Regulation Crowdfunding webinar on November 1st. • Outlook: Indiegogo’s platform Microventures launched in Over 200,000 data points November and received over $420k in commitments. We expect were analyzed. While to see strong continued performance and pressure on Industry leader Wefunder. Both November and December expect Regulation Crowdfunding continued growth but less Commitments than October given the was the focus, comparisons Holidays. were drawn between Title II and Title IV of the JOBS Act. Capital Commitments ($ and Investors) Paid replay is available here. How Trump Can Double GDP Startups and Small Businesses create more than 60% of jobs in the USA and 50% of economic output. Here are 4 commonsense actions that can be taken in Source: Crowdfund Capital Advisors After October’s record monthly high for Trump’s first 100 days to Capital Commitments of $3.56M, increase economic output. November saw a drop off to $2.87M. The US Election and Thanksgiving holiday show impacts. Around 3,132 individual Bigger Social Commitments were recorded representing a 13% decrease from October.
    [Show full text]
  • Loan Programs & Financing Options
    Prepared by Western Washington LOAN PROGRAMS & University’s Small Business FINANCING OPTIONS Development Center A COMPREHENSIVE LIST OF LOAN PROGRAMS AND FINANCING OPTIONS, WITH EMPHASIS ON THOSE SERVING WHATCOM COUNTY BUSINESSES Last Updated: October 2012 FUNDING ORGANIZATIONS COLOR KEY * ALLIANCE OF ANGELS CANADIAN OWNED MERITRUST ERTIFIED EVELOPMENT OMPANY EQUITY FINANCING A C D C BELLINGHAM ANGEL GROUP MINORITY OWNED USINESS EVELOPMENT ANK OF ANADA RENEWABLE ENERGY FINANCING B D B C CITY OF BLAINE AGRICULTURE FINANCING ITY OF UMAS SBA LOAN PROGRAMS C S COMMUNITY CAPITAL DEVELOPMENT SMALL BUSINESSES FINANCING OMMUNITY OOD OOP TECHNOLOGY FINANCING C F C CRAFT3 NON-PROFIT ROWD UNDING NATIVE AMERICAN OWNED C F EVERGREEN BUSINESS CAPITAL EXPORT FINANCING EXPORT-IMPORT BANK OF THE UNITED STATES HSBC BANK HYAK FINANCIAL INNOVATE WASHINGTON KEIRETSU FORUM LIGHTER CAPITAL LUMMI COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION NORTHWEST BUSINESS DEVELOPMENT ASSOCIATION NORTHWEST ENERGY ANGELS NORTHWEST TRADE ADJUSTMENT ASSISTANCE CENTER OFFICE OF MINORITY AND WOMEN’S BUSINESS ENTERPRISES PORT OF BELLINGHAM PUGET SOUND VENTURE CLUB ROYAL BANK OF CANADA SERAPH CAPITAL FORUM SOCIAL-CAUSE CROWD FUNDING STATE OF WASHINGTON DEPARTMENT OF COMMERCE U.S. DEPARTMENT OF AGRICULTURE FARM SERVICE AGENCY U.S. DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT U.S. SMALL BUSINESS ADMINISTRATION U.S. SBA OFFICE OF INTERNATIONAL TRADE WASHINGTON ACCESS FUND WASHINGTON CASH WASHINGTON ECONOMIC DEVELOPMENT FINANCE AUTHORITY *THE COLOR(S) USED ARE A GUIDE TO INDICATE THE IDEAL TYPE OF BUSINESS FOR EACH FINANCING OPTION. THE FUNDING SOURCE MAY OR MAY NOT BE EXCLUSIVE TO CERTAIN BUSINESS SIZE, TYPES OR INDUSTRIES. CONTACT A FEW OPTIONS TO FIND THE BEST FIT FOR YOUR FINANCING NEEDS.
    [Show full text]