Prosper Strategic Finance, llc

Entries for the ‘Start-up’ Category

Distinguishing Between Business and Personal Credit Scores

Good credit is an important aspect in both your personal life and in your business. Many people often assume that they are one in the same, but they are not.  There are different factors considered when it comes to figuring out your business versus your personal credit score. The organizations that report and monitor personal credit are [...]

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Comparing Angel Investors to Venture Capitalists

There are three main sources to obtain funding when starting a new business. If you don’t quality for a bank loan, the two other most popular ways to obtain capital, i.e., funds, are through Angel Investors and Venture Capitalists (VCs). These two funding options are similar yet different. An entrepreneur who appreciates these differences will [...]

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Key Points About Angel Investors

There are many businesses out there that need start-up funds for their new business. Often times, the business may be
too young or may not qualify for loans from a financial institution and therefore need to seek capital elsewhere. This is what an Angel Investor does. An Angel Investor is an individual that provides any amount [...]

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The Sole Proprietor

The beauty of entrepreneurship is that it is available to anyone. Many new business owners start their business without any legal entity structure, such as a Limited Liability Company, S-Corporation or Corporation. While an entity structure is not necessary to operate your business, it does protect you and your family.
Some of the benefits of the [...]

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The Limited Liability Company (LLC)

The entity structure known as a Limited Liability Company (LLC) offers a lot of flexibility for small businesses. There are four options for an LLC, 1) to be treated as a partnership, 2) as an S-Corporation, 3) as a Corporation or 4) as a single member LLC. While all offer limited liability protection for the [...]

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