Crowdfunding is one of the hottest new strategies for small business owners and entrepreneurs to raise capital for their startups, expansion projects or new ideas. This investing style first saw widespread use in 2012, mostly through online platforms like Kickstarter and GoFundMe, and it’s still going strong for 2013.
What is crowdfunding?
Basically, it’s getting a whole bunch of people, the “crowd,” to believe enough in the concept of your business or idea to donate small amounts of money, often in exchange for rewards that range from acknowledgements to free products or services. The best part? These are donations and therefore, don’t have to be paid back.
To read the full, original article click on this link: How to Gauge Your Crowdfunding Potential
