The best way to avoid becoming a victim of one of those investment scams is to avoid them. However, this is easier said than done because some individuals or entities can be really convincing. Nonetheless, there are red flags or warning signs to look for to evaluate if a particular investment offering is legitimate or […]
Tag Archives: Financing
Drawbacks and Risks of Crowdfunding
Crowdfunding has several benefits that correspond to numerous applications. However, this alternative type of funding has disadvantages or more specifically, drawbacks and risks. Disadvantages and Criticisms: Drawbacks and Risks of Crowdfunding • Projects need to be compelling enough to gain public interest and draw funding from the crowd. Fund seekers need to provide a viable […]
Crowdfunding: Applications and Benefits
Despite criticisms and risks, the advantages or benefits of crowdfunding has brought forth numerous applications and corresponding gains to both fund seekers and funders. The Applications of Crowdfunding Crowdfunding has been applied for various purposes. Take note of the following: • An alternative financing option that serves as a source of initial capital for startup […]