My small business is averaging $5000 per month in revenue, uniquely on Amazon. I have tried Kabbage, but the sales are generated on Amazon.fr/.de/.co.uk (Europe version). Moreover, I am not a U.S. citizen, nor am I a resident in Europe. Again, this is a non-registered business, not a "real" business, but I still see that I have an opportunity with this. I occasionally stop listing on Amazon due to out of stock and I need to ask my supplier to send it more to the fulfillment center. Also, I only use around $5k. So, sometimes, I need to wait for payment from Amazon, which release a payment every 14 days. Is their a way to raise money for this particular situation? I know that crowdfunding could be a solution, but what would be the prizes/gifts as a reward for the backers?
In your situation, I would recommend raising money among friends and family since they know you best. Crowd funding is an alternative but from my experience, you really need to have something unique and different that will motivate people to help you out.
Answered 10 years ago
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