Matt Vitale from Birchal, a leading Australian equity crowd funding platform, talks about how small business owners can use crowd funding as an alternative source of finance.
Show Notes
Matt Vitale is a co-founder of Birchal https://www.birchal.com , a leading Australian equity crowdfunding platform.
Equity crowdfunding is a fast growing alternative source of finance for small business.
In this episode we cover;
- Matt's professional career leading up to co-founding Birchal
- His own hands-on experience as a small business owner
- How one of these small businesses led to Matt (and his wife) competing in the world BBQ championships in the USA
- What crowdfunding is
- How crowdfunding works
- Which businesses can take the most advantage of crowdfunding, and why businesses with a consumer-facing business model are well placed to take advantage
- Why customers are so important in the process
- The process and timeline for raising crowdfunding
- What the owners of a business need to know and do if they want to raise crowdfunding
- What changes once you have some investors in the business
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