The HBS Blog

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

What Is Foreign Qualification? By
what is foreign qualification
Foreign Qualification is the process of registering your Delaware LLC or corporation, which is considered domestic to the state of Delaware and foreign to all other states, as a foreign entity in your company's home state... Read More
What to Consider When Naming a Company By
what to know when naming a company
We can check the company name for any Delaware startup, and typically receive a definitive answer on whether or not it contains any restricted words and if the proposed company name will get approved by the Delaware Division of Corporations... Read More
Venture Capitalists and Entrepreneurs By
what is a venture capitalist
Venture Capitalists invest in burgeoning industries that are on a clear upswing, such as tech, SEO and biotech companies. They tend to invest in companies in the middle stages—after the shaky, risky early phase yet before the soaring, competitive phase... Read More
Non-Profit Corporation vs Public Benefit Corporation By
non-profit vs benefit corp
A traditional non-profit—or not-for-profit—company aims to serve a public benefit without making a profit, as defined by the IRS. If a non-profit company decides to stop doing business and dissolve, it must distribute its assets among other non-profits... Read More
What Is the Delaware Court of Chancery? By
What Is the Delaware Court of Chancery
The Delaware Court of Chancery has a long history deciding on equity and fairness between parties. The tiny coastal state of Delaware is widely recognized as the best state in which to form a company, not only in the United States but throughout the world. One of the key reasons for this is the Delaware Court of Chancery... Read More
How to Register Your Delaware Company in Oklahoma By
Register a Delaware Company in Oklahoma
Oklahoma, like many other states, requires an application process and a state fee, and also expects a Certificate of Good Standing from Delaware... Read More
Why Incorporate Your Band? By
Why incorporate your band
The reason a band should incorporate is because most musicians’ dreams are to become the next Rolling Stones, Mumford & Sons or Maroon 5. However, in order to do that, you have to attract the notice of an A&R representative and then get signed to a record label... Read More
EIN Responsible Party for a Business Entity By
responsble party for an ein
To be clear, the Responsible Party must be an individual. Furthermore, no other person within the entity can make IRS-related changes other than the assigned Responsible Party... Read More
Delaware Blank Check Preferred Stock By
delaware blank check preferred stock
Every Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More
How to Convert an LP to an LLC By
How to Convert an LP to an LLC
The Operating Agreement governing the procedures of the LLC and the rights and obligations among its members is more flexible than that of a Limited Partnership, and may contain provisions and terms that would be impermissible in the context of a Delaware Limited Partnership... Read More