Business Finance (Junior Cert Business Studies): Quizzes

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Crowdfunding
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What does crowdfunding collect from contributors?

Small amounts from many people

What does crowdfunding bypass?

Traditional financial institutions

What do contributors in donation-based crowdfunding expect?

No financial returns

Which platform specialises in donation-based crowdfunding?

Kickstarter

What is lending-based crowdfunding also known as?

Peer-to-peer lending

What do lenders receive in lending-based crowdfunding?

Repayment with interest

Which platform facilitates lending-based crowdfunding?

Linked Finance

What do contributors receive in equity-based crowdfunding?

Ownership stakes in the business

Which platform helps facilitate equity crowdfunding?

Seedrs

What does a successful crowdfunding campaign demonstrate?

Genuine public interest and demand

What marketing benefit does crowdfunding provide?

Creates publicity and awareness

What is a risk of publishing business ideas publicly?

Competitors might copy or steal ideas

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