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This article will highlight ways of using crowdfunding to get resources for a business and how to engage people to donate funding. It will include examples.
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Crowdfunding is an increasingly popular way for new businesses to raise money. However, like everything, the IRS wants its cut. Here's when and how crowdfunding money raising is taxed.
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1. Save up while working full time. 2. Take out a tailored small business loan. 3. Look for angel investors. 4. Run a crowdfunding campaign. 5. Sell assets to generate cash.