One of the biggest challenges that prospective entrepreneurs face is generating enough money to get their business off the ground. While bringing on investors has always been an option, another financial backing opportunity know as crowdfunding was technically against the law for small businesses. Crowdfunding is a subsidizing method whereby a large group of individuals combines financial resources with relatively small amounts of money, to help raise capital for a new business venture. In the past only wealthy investors with large assets could invest in small businesses. New legislation known as the CROWDFUND Act aims to make equity crowdfunding a legal and viable option for investors and small businesses in the United States.
To read the full, original article click on this link: Maurice Lopes and Stephen Temes: Equity Crowdfunding for Dummies: The Simple, Plain-English Guide to the CROWDFUND Act
