Microloans from the SBA typically average between $13,000 and $15,000.

Sole proprietorships offer the benefit of limited liability protection.

A startup can advertise an offering on social media under Rule 506(b).

What was your favorite topic in your Organic Chemistry class?

A startup with over $10 million in assets and 500 non-accredited investors must report to the SEC.

An S corporation avoids double taxation by passing income directly to shareholders.

Transfer of ownership in a partnership is always unrestricted.

Super angels operate like angel investors but are structured as private equity firms.

The business plan includes an assessment of the buying habits of potential customers.

An IPO provides liquidity and allows founders to use shares as acquisition currency.