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Crowdfunding in Action | A Heart-Melting Injection of Cash for a Corner Shop
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4th August 2022
A cracking example here of crowdfunding as a source of finance for a struggling small business.
The BBC reports how the owners of a small retail business were left contemplating closing the business - until crowdfunding stepped in with some emergency finance.
A failed air conditioning unit caused the damage to inventories of chocolate bars and other melting confectionery.
Without feeling able to make a claim on their business insurance policy, the shop owners were contemplating shutting for good - until locals rallied round.
Fingers crossed it will lead to stronger sales every day.
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Crowdfunding
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Sources of Finance | Crowdfunding
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