Source of Finance

Just when you thought that you have covered all sources of finance, this story surfaces. You have been taught in class that Entrepreneurs usually start up their businesses through the Bank of Mum and Dad, the help of friends and family, loans, selling of assets, equity, credit cards and so on. Well a new concept has been doing the rounds where people pledge money to the business for a a non financial return or equity. This could include access to the various development stages of the product, one of the first to be produced and therefore a collectors item, VIP passes etc. Read article