The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.

Non-Profit Corporation vs Public Benefit Corporation By
non-profit vs benefit corp
Unlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise... Read More
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What is a FinCEN Identifier (FinCEN ID)? By Discover how the Corporate Transparency Act (CTA) impacts your business reporting requirements. Learn about the benefits of using a FinCEN ID to protect your personal information and streamline the filing process. Get essential insights on Delaware formations and ensure your compliance with ease. Don't miss out on crucial information for entities formed in 2024. Click now to read our latest blog and simplify your FinCEN filings... Read More
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Plan Your Delaware Company’s Business Start Date By
Effective Date
Would you like to set your new Delaware company’s business start date? Maybe you want to register a Delaware company with an effective date of your son or daughter’s birthday or on your wedding anniversary date. If it’s close to the end of the year, you may even prefer an effective date of January 1. In Delaware, an LLC’s Certificate of Formation or a Corporation’s Certificate of Incorporation can be filed with an effective date and even an effective time... Read More
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Is an LLC a corporation? What's the Difference? By
is an llc a corporation
Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More
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What Is a Non-Stock Corporation? By
what is a non-stock corporation?
The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic... Read More
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Requirements for a Company Seal By
Company Seal Requirements
Many companies use a company seal (also referred to as a corporate seal), although it is not required by law. A company seal contains the company’s name, the year of incorporation and the state in which the company was filed. Think of the company seal as the official signature of your company... Read More
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Board Requirements for Seeking Expert Advice By
Directors often rely on experts in making decisions, to comply with their fiduciary duty of care in becoming adequately informed. This article discusses when a director may successfully claim reliance on experts in avoiding liability for a breach of his or her fiduciary duty of care... Read More
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Preserving Family Business Ownership with a Delaware LLC By
llc operating agreement for a family business
A Delaware LLC can be very flexible when it comes to preserving ownership in the family business you've worked so hard to create. In fact, an LLC has the potential to preserve ownership for future decades... Read More
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5 Key Attitudes for Entrepreneurial Success By
attitudes for entrepreneurial success
No entrepreneur succeeds in every business venture. Every successful entrepreneur fails at least once, if not twice. How entrepreneurs learn from and utilize their failures, however, is what matters, because in entrepreneurship, attitude is everything. Here are five key attitudes every entrepreneur must conquer in order to run a prosperous business venture... Read More
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Preparing Your Delaware Company for Future Business By
It’s not uncommon for clients to form a new Delaware company, but not begin conducting business activities right away. When and after forming a new Delaware entity, they’re sometimes many things that need to be accomplished prior to conducting business... Read More
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