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Briefly explain crowd funding. - Business Studies

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Questions

Briefly explain crowd funding.

What is Crowd Funding?

Briefly explain the following source of finance.

Crowd Funding

Explain
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Solution

Crowd funding is a method that involves funding a project a business venture with small contributors from a large group of individuals, rather than seeking substantial amounts from a small number of investors. The benefits of crowdfunding include presentation, wide reach, and efficiency.

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Crowd Funding
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Chapter 18: Sources of Business Finance - EXERCISES [Page 270]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 18 Sources of Business Finance
EXERCISES | Q III. 13. (i) | Page 270
Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 18 Sources of Business Finance
EXERCISES | Q II. 11. | Page 269
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