Communication is paramount
When things go well, communication is great and, when things are not going as well, communication is essential. Make sure to highlight milestones, tell your buyers about the operations of your business, and, if a payout is going to be less than expected, make sure to explain why. Communication improves trust amongst the Kickfurther community.
Businesses must also create realistic plans by creating Consignment Opportunities that are feasible. This is especially important when deciding the amount of capital and the expected duration of the payout. Always remember, you’re building a relationship with a community of individuals, not a bank. Realistic and conservative plans lead to beating expectations, which leads to gains in credibility.