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Resources for Accountants

What is Crowdfunding? [Video]

What is Crowdfunding?

In this video, we discuss all about crowdfunding, the risks involved, its advantages and the procedure to be followed is discussed in detail.

What is Crowdfunding?
This is a technique where the capital for a business is raised with the help of a group of individual people or small investors in startups through a Crowdfunding website.

Advantages of Crowdfunding
– NO security deposit
– Raise funds quickly
– Promotes business ides
– Provides option for small investors

Disadvantages of Crowdfunding
– Risk of fraud
– Unfulfilled commitment
– Failure of projected plan

For more details, you can refer to our article – https://www.wallstreetmojo.com/crowdfunding

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Resources for Accountants

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