Kickfurther Business Contract
Here’s how to read and understand your contract, including the terms and requirements of which you should be aware of. The contract outlines the terms of the Consignment Opportunity or “Co-Op.” Co-Op Specific Details: The contract will detail the Kickfurther fee for each Co-Op, any inspection fees initially withheld for the Co-Op, any fees that may ...
Co-Op Cancellation Process
Sometimes after you’ve been funded by our community, your co-op doesn't go as planned. Late submissions of sales reporting, failure to make invoiced payments, making payments that are lower than expected (based on your offer timeline), or failure to complete on time can all trigger troubled status under the terms of your consignment agreement. When...
Post Funding Timeline
Congratulations on funding your Co-Op! Here’s what to expect now. Generally, the funds raised in a Co-Op will not be available until five business days after funding. If you’d like to expedite part of your funds, we offer an expedited option available for $250. If you funded against existing inventory, we must confirm that the inventory exists prio...
User Stores
Each Kickfurther user that contributed to your Co-Op has their own Kickfurther User Store where they have the ability to list the items that were funded in your Co-Op for sale in their virtual storefronts. If a contributor sells one of your financed items, Kickfurther will notify you of the sale and you’ll then manage order fulfillment to the shippi...
How to Link your Bank Account to Dwolla
Before you’re able to send or receive funds on Kickfurther’s platform, you need to link your bank account to Dwolla. Why do we use Dwolla? It allows individuals to have business and buyer accounts with linked bank accounts without any issues Significantly higher transaction allowances Is a Plaid based connection system How to link your bank accou...
Tips to Get Funded
MM Local Foods completed a crowdfinancing opportunity already and recently successfully raised funds for a second time. MM partners with family farmers to preserve surplus produce at the height of harvest through our two brands MM Colorado and MM Pacific Northwest. Their production model helps prevent food from going to waste and helps local farmer...
Tech-Based Fulfillment: The Key to Growing a Successful E-Commerce Business
Successfully running an online business requires the right technology to make everything from your website to your order fulfillment process run smoothly. Before the rise of sophisticated technologies, working with a third-party logistics (3PL) provider consisted of manually sending orders before a cut-off time each day. Retailers today rely on tech...
How to Report Your Sales to Kickfurther
Once your Co-Op has been funded on Kickfurther, you’ll need to report your sales based on the timeline of your deal. Sales reporting is due to Kickfurther every two weeks during your sales timeline. How to Report Your Sales Login to your dashboard and go to “manage Co-Ops” and click “Sales Reports” . Based on what you’ve sold during the two-wee...
How to Post and Update your Co-Op
How to Communicate with your Backers Co-Op Updates: Co-Op updates are mandatory every 30 days. Log into your Kickfurther account and click “Post an Update” to update every contributor of your Co-Op: Direct Replies : Hit the reply link to respond to a specific user within your Co-Op. Only the specific user will be notified of your comment via emai...