Financing can be one particularly challenging part of starting a new business, but it's a challenge that entrepreneurs tend to embrace. With investment comes risk, and allaying concerns that make investors reticent can be a tricky aspect of securing the funds you need to lay a foundation.
Crowdfunding has become an increasingly popular way of getting around some of the traditional challenges of financing. Essentially, through platforms like Indiegogo and Kickstarter, business owners are limiting risk by avoiding debt and not giving a piece of the business to investors. Of course, not all projects are suited for a crowdsourcing platform, but the method can be used to fund certain moving parts of a company.