Have you heard the hype about crowdfunding but still have no idea what it is or how it can help you? Well, you have come to the right place. Crowdfunding is frequently defined as a collective cooperation of people who pool their money and resources (usually through the Internet) in order to support the efforts and growth of other businesses and organizations. This means that small businesses and entrepreneurs are actually able to attract a "crowd" of people, all of whom will take a small stake in the business by contributing to an online fund. This decreases everyone's risk while simultaneously creating a strong network of support for your business. If you are willing to offer equity as well, your investors will have the opportunity to become ambassadors for your brand and will potentially help your company achieve more growth and success. Thus, crowdfunding has become a popular alternative method of raising funds for a new business or investment project.
In fact, it's getting to be quite crowded in this particular space, as almost any business or asset is able to benefit from investment crowdfunding. This new method of securing capital is a very efficient, contemporary way in which to connect entrepreneurs and small business owners with smaller sources of capital. With the passage of the Jumpstart Our Businesses Startups (JOBS) Act in 2012, crowdfunding received a significant boost, as the JOBS Act received a large amount of support due to the efforts to bring some energy back into the faltering US economy.
Tips & Tricks for Successful Crowdfunding:
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What is your first step? Simply choose which of the following two options applies to your business:ALREADY INCORPORATED in the state of Nevada? 2015/08/15 - Your annual fees increased from $325 to $650, and that’s not including the Commerce Tax if it applies to your business! Further, you will now be required to file your tax return with the NV Department of Taxation with June 30th as the fiscal year, not the calendar year! Review these changes with your tax advisor immediately! If you choose to re-domicile your corporation in another state, MyLLC will file the re-domestication paperwork for you!
MyLLC is committed to assisting you in this process but you must contact us today!Call us toll free at 888.88.MYLLC or fill out the contact form so one of our experts can help you.