Business

• What is the main topic discussed in the BBC article?

  Crowdfunding
• Why are small businesses turning to crowdfunding?


  Because it's hard to get bank loans
• How many investments and donations were made last year through crowdfunding?

  More than nine million
• What does crowdfunding involve?

  Asking people to invest in projects
• When was the article about crowdfunding published?

  2 July 2014
• What is the significance of the new figures from the Bank of England?

  They highlight struggles for small business funding
• Who reported on the crowdfunding topic?

  Emma Simpson
• What is a common challenge faced by small businesses according to the article?

  Difficulty in obtaining bank loans
• How does crowdfunding differ from traditional bank loans?

  Crowdfunding involves public investment, not banks
• If a small business wants to raise funds quickly, what method might they consider?

  Crowdfunding
• What are the potential benefits of crowdfunding for small businesses?

  • Access to a wider pool of investors
  • Ability to raise funds without bank loans
  • Increased visibility and marketing opportunities
• What are the challenges associated with crowdfunding?

  • Competition for attention
  • Need for effective marketing strategies
  • Potential for failure to meet funding goals