Would you consider raising capital from a crowd funding source?
30% — I might consider crowdfunding.
67% — I would not consider crowdfunding.
3% — I considered crowdfunding, but decided against it.
0% — I have already used crowdfunding.
It’s interesting that none of our respondents has yet used this capital source. I have to admit, my thoughts on how relevant crowdfunding will be for most small businesses in the previous three Feature Articles may have influenced some of you. Because as you can see, two thirds of you would not consider crowdfunding. It will definitely be an option for some; just not as universally applied across the sector as traditional sources, like bank loans.
Remember, the best source of small business capital is profits you earn from doing business with customers and have the discipline to leave in the business as retained earnings. The beautiful irony of that capitalization plan is that management behavior is the most attractive to bankers.