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Boise Idaho Business Guide: The Basics

Backers typically think of projects supporting a new Idaho business as philosophically divided between two categories: donations or sales.

Donations

Idaho Donation projects are designed to produce art, social or political movements, services or public projects that backers believe should exist.

Backers typically do not own the final product or outcome but are satisfied that they could help ensure a worthy creation.

For Idaho business donation campaigns, backers may receive a thank you note or some memorabilia for their contributions.

Sales

Idaho business sales projects seek to raise money to allow the designs, manufacturing and distribution of a physical good that backers desire to possess.

Unlike going to a store and buying something that already exist, providing money in advance to a sales-based crowdfunding project enables the actual creation of the product. Advance purchases provide seed capital to cover cost of the design that would not otherwise be feasible.

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