Traditional Sources of Finance AKA where does a firm traditionally get money from to get started/(or even just to carry on)? It sells shares It sells any Assets It gets a Bank Loan It approaches a Venture Capitalist

Alternative Sources of Finance What exactly is Crowdfunding? http://www.tutor2u.net/business/reference/crowdfunding Problems with Crowdfunding https://www.tutor2u.net/business/blog/alternative-finance-explained-peer-to-peer-lending-and-crowdfunding

Kickstarter are the main ‘crowd-funding platform’ Kickstarter.com are one of the major crowd funding organisations https://www.tutor2u.net/business/blog/would-you-really-use-this-smart-umbrella https://www.virgin.com/music/how-marillion-pioneered-crowdfunding-in-music

Crowdfunding https://www.kickstarter.com/projects/849939509/yolkr-the-incredible-egg-yolk-separator https://www.kickstarter.com/projects/554856045/the-nutter-the-next-generation-of-bicycle-multi-to https://www.kickstarter.com/projects/10187318/manuka-belt-the-belt-reinvented-with-magnets

AS Business Studies Summer Task 2017 Crowdfunding Your Task: Click on all the links and read about exactly what crowdfunding is Choose 3 of those ‘Crowdfunding’ case studies and write a half page summary on who/what/why these firms have decided to crowdfund. Using the internet, find another crowdfunding story of your own and write a half page summary of it. Evaluate (i.e. discuss the good and the bad) of crowdfunding as a source of finance, i.e., what are the advantages and disadvantages to a firm who choose crowdfunding as their source of finance (at least 1 page of writing)