Crowdfunding websites such as Kickstarter, GoFundMe, Indiegogo, and Lending Club have become increasingly popular for both individual fundraising and small business owners looking for start-up capital or funding for creative ventures. The upside is that it’s often possible to raise the cash you need, but the downside is that the IRS might consider that money […]
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Crowdsourcing is a model where a group of people come together to support a business or project. Whether financial, creatively, or as a think tank for problem solving, crowdsourcing is an effective tool for businesses especially during tough economic times. Financial Crowdsourcing (Crowdfunding): While the purse strings are starting to loosen for traditional small business
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