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Banking

Fundit: Use modern means of raising funds

Another means of raising funds for your business is to take advantage of new ways of getting people to fund your business called crowdfunding.

It is the practice of raising funds from a large number of people who contribute a relatively small amount typically over the internet. It has been quite successful over time and has been very beneficial to those who were able to meet their targets.

Although this practice works with having a US bank account, if you are outside the US you can still take advantage of this by getting a US partner on board and you can use his or her bank account.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.



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