The Best and Worst Advice Business Owners Have Heard About Crowdfunding

Now that we’ve given some tips to investors, it’s time to show crowdfunding project initiators some love. First things first. Make sure you have differentiated your crowdfunding form. There are three big sections within crowdfunding: rewards-based crowdfunding, equity crowdfunding, and peer-to-peer (P2P) financing. Rewards-based crowdfunding is the favorite for creative …

The Best and Worst Advice We’ve Heard about Crowdfunding and P2P Financing

Don’t invest in a person or a company on the basis of its name and fame The rise of crowdfunding and its offshoots have attracted big names. Celebrity artists like Neil Gaiman and Whoopi Goldberg have utilized crowdfunding campaigns. Businesses more familiar to our ears have tapped into peer-to-peer (P2P) …

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Choosing the Right Crowdfunding Product

Interested in raising capital through crowdfunding? We’re not surprised. After all, crowdfunding comes with some pretty sweet advantages. The crowdfunding process is quick and simple – often entirely online. Because crowdfunding requires no collateral, it is a great alternative to traditional financing products. There are three major forms of crowdfunding: …

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4 Steps to Simplify Small Business Accounting

Cash flow is crucial to the life of any small business, which makes keeping track of how you are spending your money especially important for small businesses and SMEs. This is where accounting comes in. Many business owners look at bookkeeping as tedious and time-consuming. But organized financial information should …

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How to Identify Money Games from Credible Investment Platforms

Money game operators are having a big moment in the local media these days, though most of us would rather they disappear. Notable schemes such as MBI Group and JJ Poor to Rich (JJPTR) dominated recent news. The Ministry of Domestic Trade, Co-operatives, and Consumerism recently froze RM 177 million …

How to Protect Your SME from Cybercrime

As technology evolves, so do hackers. It’s an unfortunate truth, but the number of cybercrime and hackers targeting businesses have skyrocketed. Small and Medium-Sized Enterprises (SMEs) are right to be worried. According to a recent report by the UK’s Federation of Small Businesses (FSB), SMEs are more likely to be …

4 Advantages of Crowdfunding and P2P Financing

Crowdfunding and P2P financing have recently gained popularity as alternatives to funding options from more traditional financial institutions, especially for SMEs and small businesses. Both crowdfunding and P2P financing are new methods to gain capital. Despite the relative newness of both these financing models, it seems they are here to …

4 Ways to Improve Business Leadership

Everyone can be a leader. Leadership is a skill rather than an innate trait; you can work on it and develop it to get better. Try implementing the four tips below to improve your leadership ability. Improve Your Communication Skills Many, many problems can emerge due to miscommunication, from falling …