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April 2018 » Understanding the Community-Supported...
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Claudia L. Kelley, PhD, CPA, and C. Kevin Eller, PhD
In BriefThe community-supported business (CSB) model has enabled many people to preserve the economic vitality of their small business or start new business ventures. “Community” usually implies people in a specific location, but it could equally apply to individuals with a common interest. Organizations are looking for new and innovative funding models, and the CSB provides entrepreneurs with an alternative funding structure. CSBs offer many advantages to businesses, their owners, and their communities. The number of organizations using this type of business model is growing substantially, increasing the demand for CPAs who can provide guidance.
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