Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Your Free Business Opportunity Resource Is Easy To Use
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Sales Success Inspiration - Hello my friends and welcome to another installment of The Special Sauce Series on Sales.

Sales Success Inspiration is the name of the game today.  We left off with the last post "

No Sales! The Leads Suck! After ten years in the industry I have heard this more than once. In fact, I hear this so often that a series of educational blog posts are needed to educate sellers on how to close more deals - period.

No sales! Now, first I preface this entire post with one thought...

She Means Business: Turn Your Ideas into Reality and Become a Wildly Successful Entrepreneur Is our Book-of-the-Month.

Carrie Green began her entrepreneurial life at the tender age of 20, starting a company that would go global in just a few years. She has turned her experience...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
FundAbility
Need Funding? Need To Offer Financing To Close More Deals? We Have Access 7,000+ Credit Providers. Learn more now...
 
Resource Center > Article
Small Business Groups Push for Passage of Crowdfunding Legislation
5 Mar 12 Posted by: Kathleen C Lanza
in Featured Articles
Share this Article:

A number of influential small business and entrepreneurial interest groups have joined forces to encourage U.S. Senate leaders to bring pending legislation regarding crowdfunding to the Senate floor for a vote as soon as possible. Citing the fact that crowdfunding legislation has already passed the House by a significant margin and that it also has the support of the President, the groups’ recent letter points up the ongoing challenges many small business owners face in obtaining adequate capital, either for startup purposes or to enable growth.

“Healthy entrepreneurship requires access to capital,” the group writes, “yet funding streams remain cautious, locked or tentative. Entrepreneurs need solutions that will create options for accessing capital.”

Crowdfund investing, they assert, is just such a solution.

The whole premise of crowdfunding is to provide a regulated online platform for entrepreneurs in need of capital to bring their business ideas directly to potential investors for their consideration. In their letter, the groups state that, should crowdfunding legislation pass, “Americans will have the opportunity to invest in small businesses in their local communities, or support entrepreneurs in rural areas where business formation is critical to sustaining those communities.”

However, they also recognize that the whole concept of crowdfunding is not without its detractors, which is why the letter also reinforces the fact that crowdfund investing platforms will be “open and transparent, and operate under a new regulatory framework.” The group goes on to cite the proven success of gift-based crowdfunding as well as crowdfund investing in other parts of the world and assures legislators that investors will be protected through the use of proven technologies, including social media. Furthermore, they state, “entrepreneurs looking to raise capital will be required to provide significant financial information to potential investors, as well as withstand the scrutiny of the crowd in regards to the feasibility of their business plan and models.”

Two bills related to crowdfund investing have been introduced in the U.S. Senate thus far and are currently under consideration. Senate Majority Leader Harry Reid (D-NV) has stated that the Senate Banking Committee will hold an additional hearing on the package of capital access bills sometime this week.

Expressing both their pleasure that things are finally moving ahead in the Senate as well as their optimism that some consensus on crowdfunding legislation is possible, the groups’ summation of what is at stake is clear. “Capital is the lifeblood of our economy, and without it small business owners and entrepreneurs simply cannot generate new jobs, breakthrough innovations and (the) economic impact that are necessary for bringing our nation back to sustained growth.”

For more information:

The letter of support for passage of crowdfunding legislation was sent by the following groups: the National Black Chamber of Commerce, the National Association for the Self-Employed, Minority Business Roundtable, The Latino Coalition, Women Impacting Public Policy (WIPP), Small Business & Entrepreneurship Council and the National Small Business Association. To read it in full, please click here on Crowdfunding Legislation Letter to Senate Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY).

 

 

Related Blog Posts
15 Mar 17 Posted by: Kevin James Culp
in Featured Articles

Sales Success Inspiration - Hello my friends and welcome to another installment of The Special Sauce Series on Sales.

Sales Success Inspiration is the name of the game today.  We left off with the last post "
10 Mar 17 Posted by: Kevin James Culp
in Featured Articles

No Sales! The Leads Suck! After ten years in the industry I have heard this more than once. In fact, I hear this so often that a series of educational blog posts are needed to educate sellers on how to close more deals - period.

No sales! Now, first I preface this entire post with one thought...
1 Mar 17 Posted by: Kevin James Culp
in Featured Articles

She Means Business: Turn Your Ideas into Reality and Become a Wildly Successful Entrepreneur Is our Book-of-the-Month.

Carrie Green began her entrepreneurial life at the tender age of 20, starting a company that would go global in just a few years. She has turned her experience...
16 Feb 17 Posted by: Anuj Mishra
in Featured Articles

Improve Customer Engagement - The days of endless customer tickets are finally over, all thanks to the advancements in technology and innovations from clever software developers.

Improve Customer Engagement - Instead of being constantly overwhelmed by countless...

22 Nov 16 Posted by: Kevin James Culp
in Featured Articles

Free Lead Generation is a hot topic these days since many pay a pretty penny per portal to generate leads to increase ROI.

Free Lead Generation is part of any markets platform.  It is important to note that this November was 'nutty' for lack of a better word.  The purpose of this blog post...
 
   

SocialXpand Business Opportunity Interview w/ Brian Weiss was for me a new way to learn from a customer and whom I consider a friend in the industry.

I've had the opportunity to work for a while now with Brian Weiss who is the Director of Sales for the
Video Spotlight
You're invited to view a Bartercard Online Franchise Presentation.

Premium Sponsor