When President Obama signed in to law the Jumpstart Our Startups, or JOBS Act as it is better known, business startups all over the country become instantly excited. Finally, there would be a new funding source that allowed new businesses to find the funding they needed without having to rely on banks or venture capital firms that rarely loan to businesses without a proven record of success.
The modern version of crowdfunding uses social media and other technologies to bring together larger amounts of investors that can invest smaller amounts of money. If a business needs $100,000, they are more likely to get the funds from 100 investors committing $1,000 than they are from one angel investor committing the full amount alone.
To read the full, original article click on this link: How to Get Your Business Startup Crowdfunding Ready
