It’s nearly impossible to run a small business without incurring debt. In a perfect world, you’d be able to fund all of your expenses yourself and still have profits in your bank account. For small business owners, this often isn’t the case. Loans, credit cards, and other financial products are used to pay everything from […]
Obtaining financing can be a significant hurdle when starting or expanding a business, but this is particularly true for women. While comprising nearly a third of small business owners, women receive less than one sixth of all business loans. Why is this? How can you get around lending bias and procure a business loan for […]
We communicate online. We pay our bills and shop online. The internet isn’t just a virtual playground for our downtime, though. It’s also a critical tool for many businesses and has become the go-to source for many business owners seeking a small business loan. Technology has made it possible for us to apply for business […]
Few things in life feel as good as a fresh start. This is especially true when you’re launching a new business and are full of enthusiasm to start making your dream a reality. But if you’ve been through some financial hardships that have left your credit score battered and bruised, a fresh start can be hard to come […]
Freelancer. The very word evokes freedom (and lances). If you’re a self-employed freelancer, I’m sure I don’t have to lecture you about the perks and drawbacks of running a freelance business. You probably enjoy the independence — the feeling of freedom that comes from choosing your own work assignments and making your own financial choices […]
With over $5 billion raised on the platform since its inception in 2010, GoFundMe has a reputation for helping to cover the costs of personal emergencies in a world where most of us are just one missed paycheck away from ruin. But while the company has become synonymous with charitable crowdfunding, you might not realize […]
In terms of raw numbers, GoFundMe (see our review) stands atop the crowdfunding industry. With over $5 billion in crowdfunded dollars raised from over 50 million donors since its founding in 2010, no crowdfunding platform has been able to match GoFundMe in terms of transferring money to those who need it. What’s more, since late […]
So, what is equity crowdfunding, anyway? Let’s start with the term “crowdfunding.” If you’re only loosely familiar with the concept, you might think of GoFundMe’s brand of medical and charitable crowdfunding. You may also think of rewards-based crowdfunding platforms like Kickstarter and Patreon in which entrepreneurs and artists solicit funds from backers in exchange for […]
The crowdfunding industry continues to grow and expand as a means of soliciting donations, product sales, and investment, so it’s only natural that nonprofit organizations are looking to get into the crowdfunding game. In taking advantage of a crowdfunding platform’s fundraising and social media tools, nonprofits can bring their message to a much wider (not to […]
Chances are, if you’ve looked into crowdfunding as a possible source of capital for your business, you’ve considered Kickstarter. And why not? Kickstarter has come to dominate the conversation when it comes to tapping the internet for funding creative projects, and it’s not hard to see why. At latest count, Kickstarter has seen over $3.5 […]
