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What Is the Potential Future of Crowdfunding Sites to Raise

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Essay

What is the potential future of crowdfunding sites to raise capital with respect to entrepreneurs?


Definitions:

Variable Pay

Compensation that is based on performance or outcomes, differing from fixed salaries and can include bonuses, commissions, or profit-sharing.

Profit-sharing Plan

A profit-sharing plan is an incentive program in which employees receive a share of the company's profits, typically distributed annually.

Total Commitment

A state or condition of being fully dedicated or completely loyal to a cause, activity, or the duties and responsibilities of a role or position.

Labour Cost Savings

Reductions achieved in the expenses related to employing labor, often through efficiencies, negotiations, or changes in work practices, without compromising productivity.

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