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Friends in Finance
Boston Business
100

This type of business structure combines the partnership and corporation. 

What is an LLC?

100

A type of financial institution that small businesses often turn to for loans and lines of credit.

What is a Bank or Credit Union?

100

This agency in Massachusetts is focused on stimulating economic growth through real estate development

What is MassDevelopment?

200

Unlike a sole proprietorship, an LLC provides this kind protection for its owners personal assets.

What is Liability Protection?

200

Banks assess this plan to determine the credit worthiness of a small business seeking a loan.

What is a business plan?

200

This type of funding offered by the City of Boston helps small businesses with expenses like rent, utilities, and payroll.

What are small business grants?

300

This document is needed to establish an LLC's outlining procedures.

What is an Operating Agreement?

300

Besides loans, banks offer these services to help small businesses manage their finances effectively.

Merchant service, checking accounts, and or saving accounts!

300

This type of financing offered by MassDevelopment helps businesses invest in new equipment an facilities.

What is a tax exempt bond?

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