Crowdfunding: Financial Management for Small Enterprise Businesses in India

This article is an attempt to understand the concept of crowdfunding and its significance in present scenario for Entrepreneurial practices. Crowdfunding is different from the various forms of business finance which is already in use by all the business and industries. If you have to start your business and your entrepreneurial unit than you have to conduct market research, preparing the business plans and identify the various sources of funds to run your business such as financial agencies, banks,venture capital etc. but in crowdfunding it gives you the opportunity to get the investors and the parties interested to pay for your business idea. Crowdfunding generates more avenues to held and grow the business by using investors money, time and skills. This paper will provide the idea for the modern entrepreneur and first generation entrepreneur to start their business and venture.