Crowdfunding: The New Small Business Financing Tool

OK, you have a good idea, but you need the capital to get started.  The bank is being tight-fisted and doesn’t want to loan you the money.  Are you out of options?

It turns out, you aren’t out of options.  There is a new wave of financing called “crowdsourcing”.  You try to sell people on your idea and get them to back it online.  That’s why I wrote “How to finance a startup business via crowdfunding”, available to read for free on Helium.  An excerpt from it:

According to Mashable article “How to Crowdfund Your Next Big Idea”, it is not only a smart idea to crowdfund, but it is a replacement for the more traditional outdated model of research, development and marketing an idea when that idea may or may not catch on.

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