Explain one benefit to a business start-up of using crowd funding to raise finance.

Question

Explain one benefit to a business start-up of using crowd funding to raise finance.
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Solution 1

One significant benefit of using crowdfunding to raise finance for a business start-up is the ability to validate the business idea or product.

Step 1: Introduction to Crowdfunding Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individu Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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