CROWDFUNDING AND STRATEGIC PLANNING: UTILIZING CROWDFUNDING PLATFORMS TO RAISE FUNDS FOR YOUR PROJECT OR BUSINESS, ALIGNING WITH THE COMPANY'S STRATEGIC PLANNING

Abstract

Crowdfunding has become a key tool for entrepreneurs to raise capital from a large number of contributors, providing financial resources, market validation, and community engagement. This article examines how businesses can strategically use crowdfunding platforms in alignment with their overall strategic planning. It emphasizes the importance of integrating crowdfunding campaigns with business objectives, leveraging backer feedback for product development, and fostering a loyal customer base. The study highlights that when aligned with strategic planning, crowdfunding can enhance decision-making, increase brand visibility, and support sustainable business growth.