1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
loris [4]
3 years ago
8

Explain one benefit to a business of using crowd funding as a source of finance

Business
1 answer:
Anna35 [415]3 years ago
4 0

Answer:

Explanation:

Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.

SPEED AND ACCESSIBILITY

Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.

You might be interested in
If the market elasticity of demand for potatoes is -0.3 in a perfectly competitive market, then the individual farmer's elastici
Ymorist [56]

Answer:

The correct answer is option C.

Explanation:

A perfectly competitive firm faces a perfectly elastic demand curve. In a perfectly competitive market, there is a large number of buyers and sellers, such that no single firm is able to affects the price or output level. The demand curve faced by a single firm is a horizontal line.  

The market demand curve, on the other hand, is downward sloping. So whatever be the market elasticity of demand, the elasticity of individual firm will be infinite.

5 0
3 years ago
A document which is an illegal copy of something. made for the purpose of deception, is known as
Harlamova29_29 [7]
A document which is an illegal copy of something. made for the purpose of deception, is known as counterfeit.
5 0
3 years ago
Why would you want to create a bar graph from a budget spreadsheet?
horrorfan [7]

B. To see where most of your money is going

I'm taking the test right now on apex.

5 0
3 years ago
Read 2 more answers
A salesperson shows his broker an offer for one of his listings that has a good faith deposit in the form of a promissory note.
12345 [234]

Answer:

The seller must be informed when the offer is presented that the depositis a promissory note

Explanation:

A good faith deposit is one that is done by a buyer in which conditions are stated that could result in the loss of deposit by the buyer.

It is a deposit made by the buyer to show he intends to complete the payment later.

In this instance if there is a Goodwill deposit in form of a promissory note, the broker needs to be aware.

So that when he is bringing in a client he will consider the already existing deposit.

Deals that offer more deposit or full payment will be considered and the original buyer discarded.

8 0
3 years ago
Roxanne has developed a new adult milk beverage that is enhanced with vitamins. there has never been a product like this before
KIM [24]
For the answer to the question above, I think that
Roxanne is likely to use the <u><em>"Test market"</em></u> <span>method to forecast demand. </span>
I hope my answer helped you. Have a nice day!
8 0
3 years ago
Other questions:
  • Omar and Penn want to discharge their contract by executing a new agreement with performance different from what they originally
    8·1 answer
  • The costs of international logistics are higher than the costs of domestic logistics. They are estimated as ____________________
    13·1 answer
  • Where are subduction zones most likely to form​
    14·1 answer
  • When used to introduce your speech, a good story or anecdote
    12·1 answer
  • Based on the following data for the current year, what is the inventory turnover? Sales on account during year $700,000 Cost of
    5·1 answer
  • Which of the following is NOT one the responsibilities of the the Federal Reserve
    11·2 answers
  • If you could completely remove something you put online forever, what would it be?
    7·1 answer
  • Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gross profit ratio is typically
    5·1 answer
  • Sheridan Corp is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.825 percent. If th
    5·1 answer
  • What's your annual income if you're unemployed?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!