June 9, 2014 As Accountants for Small Businesses in the UK we are very aware that raising money / funding to invest in growth or new ventures is a lot trickier than it used to be. A relatively new concept is that of Crowdfunding. Crowdfunding companies operate through internet sites, which allow each entrepreneur to present their business plan to the public. A target is set for the funds required, either as a peer-to-peer loan or in exchange for shares in the business. Most Crowdfunding websites will take a percentage of the money raised (typically around 7%) and some will also take a share of the returns paid to investors. Earlier this year, the Financial Conduct Authority (FCA) became the responsible regulator for peer-to-peer lending and Crowdfunding, with Funding Tree becoming the first fully regulated Crowdfunding platform in the UK. Investors disillusioned with paltry interest returns on their savings and looking for more control over their investments are flocking to these Crowdfunding sites. If you are not sure where to start, we can help you pull together a killer business plan and talk through your options for securing finance with you.