Leveled Playing Field: Little discussed Jobs Act provision one of Obama's great achievements.
"The American Jobs Act (S. 1549) (H. Doc. 112-53) and (H.R. 12) is the informal name for a pair of bills proposed by U.S. President Barack Obama in a nationally televised address to a joint session of Congress on September 8, 2011."
https://en.wikipedia.org/wiki/American_Jobs_Act
In May of 2016, Title III of the Jumpstart Our Business Startups Act (JOBS Act) became effective allowing small businesses to raise funds by selling securities or stock.
The reason this is historic is that anyone can now invest.
-- If either your annual income or your net worth is less than $100,000, then during any 12-month period, you can invest up to the greater of either $2,000 or five percent of the lesser of your annual income or net worth.
-- If both your annual income and your net worth are equal to or more than $100,000 then, during any 12-month period, you can invest up to 10 percent of your annual income or net worth, whichever is less, but not to exceed $100,000.
This gives businesses a new kind of investor. Instead of one, or a few, large investors who feel like they own your company because they invested, you get a group of investors who invested because they like your company.
This levels the playing field. You now have millions of potential investors from the moment you open your doors.
If your company needs to raise money, here's a link to a Google search:
https://www.google.com/search?q=equity+crowdfunding+platforms
Find a platform you like and from there it's relatively easy. They give you all the tools you need.
