For those who don't already know what crowdfunding is, it's essentially where large amounts of people fund a project or a business. For years and year, small businesses have been eagerly waiting for rules such as this to be enacted, and they are finally going into action. The newly established rules will allow small businesses to gain up to $1 million a year from anyone in the U.S. through various online platforms. To put it simply, all companies will have the ability to sell shares of their stock to virtually anyone that's willing to invest.
I think the newly enacted rules are fantastic for the small business world. These rules will allow businesses to expand and grow at faster rates, and I'm all in favor for promoting smaller businesses over big monopoly type powerhouses. Not only does this new rule promote small businesses in general, it specifically promotes the businesses that consumers demand the most. The more the consumer supports the business, the more they will invest, the more that specific business will grow. All in all, these newly enacted rules are extremely significant in the world of small business, a giant forward leap for hopeful entrepreneurs.
By: Cole Dolan
http://www.businessnewsdaily.com/8465-new-crowdfunding-rules.html
"New Crowdfunding Rule Will Change Startup Fundraising for Good" - Adam C. Uzialko
No comments:
Post a Comment