9 Business Moves of The Year

4. Struggling Tale of Uber's

Getting a taxi will be hassle free; this is what was expected when Uber, the smart phone app to call for taxis was launched. But the service had to face too many troubles initially. The city of Toronto dragged Uber to court due to 25 municipal licensing offenses, including operation of an unlicensed taxi brokerage and unlicensed limo service.  Complaints like lack of pricing transparency; New York’s prohibition on arranged taxi rides has also been noticed. However, Uber managed to conclude on a deal which permits it to deal with local cab drivers. People who used Uber stated that the application was very much helpful and they want the company to carry on with the application.

5. Crowdfunding Proves To Be Golden Root

Capital crabbing small business largely relied upon mass appeal for fund raising on sites like Quirky, RocketHub, and Kickstarter while Banks were busy playing the “being stubborn” game.  Crowd funding is the process through which people can connect and put their money via internet. Crowed funding can be also referred as selling of small portion of equity to interested investors.  The developing world portfolios of Microloan ventures like Kiva added U.S. cities. The crowd funding also allowed increasing the amount of entrepreneurs and donors to receive equity as fetch as many investors as they can.

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