Crowdfunding

 Crowdfunding is a way of raising money to finance projects and businesses. It enables fundraisers to collect money from a large number of people via online platforms. Crowdfunding is most often used by startup companies or growing businesses as a way of accessing alternative funds. But crowdfunding risks should not be overlooked. Campaigns are labour intensive and the majority of campaigns fail. Do not think of it as easy money. While startups can manage and mitigate some of the risks, keep in mind that crowdfunding is not for everyone.failed projects risk damage to the reputation of your business and people who have pledged money to you. if you haven't protected your business idea with a patent or copyright, someone may see it on a crowdfunding site and steal your concept.

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