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Your 2025 Guide to Funding a Small Business
https://www.sofi.com/learn/content/funding-for-small-business-guide/
The Essentials on Small Business Financing and Building Credit This is the third in a five-part series on small business success. Questions about money come with the territory when you’re starting a small business. At first, it’s “How will I come up with the money to launch my business?” Then it shifts to “Where can […]
A Guide to Financial Securities Licenses
https://www.sofi.com/learn/content/financial-securities-licenses/
Before someone can sell securities or offer financial advice they must first obtain the appropriate securities license. The Financial Industry Regulatory Authority (FINRA) is the organization that sets the requirements, oversees the process for earning an investments license, and administers most of the tests. If you’re considering a career in the financial services industry it’s […]
What Is Business Public Liability Insurance?
https://www.sofi.com/learn/content/public-liability-insurance/
Should an accident occur on your business property, it could lead to a costly lawsuit that could put your business at risk. That’s why many small businesses that work directly with customers or the public choose to purchase public liability insurance. Public liability insurance covers claims made by third parties, such as customers, clients, or […]
Angel Investors and Venture Capitalists, Compared
https://www.sofi.com/learn/content/venture-capitalist-vs-angel-investor/
Angel investors and venture capitalists provide early-stage and high-growth potential small businesses with funding. These two groups, while similar in what they do, have key differences entrepreneurs should consider when going about acquiring capital. Angel investors often provide smaller funding amounts and might have less business acumen compared to larger venture capitalist groups. Startup companies […]
Similarities and Differences Between GAAP vs IFRS
https://www.sofi.com/learn/content/gaap-vs-ifrs/
GAAP (generally accepted accounting principles) is a set of standards that publicly traded businesses in the U.S. must follow when reporting financial information. IFRS (International Financial Reporting Standards), on the other hand, is the accounting standard used in the European Union and other countries around the world. Both GAAP and IFRS are designed to maintain […]