More rules on equity crowdfunding

Equity crowdfunding allows small businesses to raise up to $1 million in capital in a 12-month period from the public without jumping through complicated SEC hoops. Businesses must use registered portals to raise capital in this way. Proposed rules require companies raising more than $500,000 to file annual audited (expensive) financial statements. These rules won't be finalized until February 2014.

Don't forget to regularly check the featured topics section on my site. You'll find tremendous help for your business -- legal, tax, financial, and other business-related articles!

Join NFIB online and get 50% off membership

NFIB Business Edition® Mastercard® card with Maximum Rewards® - Scan Receipts and Business Cards


Big Ideas for Small Business®
Find it for free on the App Store.