Financing (International)

Introduction

The digital concierge program we offer costs money. So if you want to join the digital concierge with a bit of a good membership the costs can be high. For this reason we have researched possibilities for you to finance these costs.

Of course, you can always first contact your own bank, family, friends to see if they see the values in this project. If this fails, we have found a few alternative options that are easy and reliable to use.

The first option we recommend is Loan based crowdfunding also called peer to peer lending (p2p). This is a way of lending money that you have to convince investors that your project is good enough to make money and pay money back.

The second option that is available is small business loans these are loans that are given to businesses that want to grow. This loan option does have some restrictions such as you need to be in the possession of a Chamber of Commerce and this can defer per country.

CrowdFunding

Here we go a little deeper into CrowdFunding about how it works and how you can use it to finance the digital concierge program. You have 4 different types of crowdfunding Donate, Sponsoring, loan based, Equity based.

Why do we recommend choosing loan based Crowdfunding? This is because loan based crowdfunding is designed for businesses that want to grow but lack just a little bit of money. Sponsor and donate crowdfunding is mainly designed for charities and not for companies that want to grow.

Equity based crowdfunding is also meant for companies. But we definitely do not recommend this because with equity based crowdfunding you sell shares of your company for money. This causes you to lose profit because you have to pay out dividends and because of this the company is no longer 100% yours.

Loan based CrowdFunding

By now you've probably figured out how it all works. So we'll give a few more tips on what to do and what not to do with setting up a loan based crowdfunding to fund the digital concierge program.

When you create a loan based crowdfunding you need to generate interest for the investor who might invest in your loan. When you have generated the necessary interest it is important to advertise it well but always be honest.

And then it's wait and see if investors are interested and confident in your participation in the digital concierge program.

Small business loan

These small business loans are often provided by a bank or again by an investor who, with these for them relatively small amounts, dares to give you a small loan to grow the business you have.

Contribution to membership fee/monthly fee

In certain cases there is a possibility that we can help you with part of your membership fee/monthly fee. When you bring us new members it is good for you and for us.

After all, you are going to coach these people and are entitled to an hours-for-Euros fee. This is a compensation that you yourself agree with these people. The new people become participants of Digital Concierge Academy and pay a monthly fee for general participation and services through the head office in Silvolde (coaching, curriculum, community).

You will be entitled to an affiliate commission and perhaps a bonus at a later stage. We can settle these amounts for you. This is possible up to 50% of your own membership fee/monthly fee.

However, we cannot offer this to everyone. Of importance is the commitment to work with both enduser clients and coaching clients. Besides the commitment there should also be new participants through you with a minimum of 1 per 4 months. We will discuss the progress periodically.