The HBS Blog

The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.

Non-Profit Corporation vs Public Benefit Corporation By Rick Bell, Devin Scott, Meri Weiss Monday, April 25, 2016 There are no owners nor shareholders in a non-profit but there are owners in a benefit corporation. A non-profit serves a public purpose & doesn't profit... Read More
4 Common and Avoidable Start-Up Mistakes By Andrew Millman Tuesday, April 19, 2016 4 Common and Avoidable Start-Up MistakesStart-up founders make a lot of mistakes, but you don’t have to, if you learn from these 4 common and avoidable start-up mistakes | Incorporate in Delaware.. Read More
What Does Service of Process Mean? By Meri Weiss Monday, April 18, 2016 what does service of process meanIf you own a Delaware corporation, LLC, LP or other business entity, you should familiarize yourself with the term “service of process.”.. Read More
What Is an LLC Operating Agreement? [with templates] By Brett Melson Tuesday, April 12, 2016 what is an llc operating agreement?The Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More
Do I Need a Business License? | Business License Info By Meri Weiss Monday, April 11, 2016 /blog/images/img/business license vector.jpgNo matter what type of business you own—whether it’s in a physical storefront or based online—and regardless if it’s a small or large company, you are going to need to obtain and maintain a business license (possibly more than one)... Read More
New Annual Registered Agent Fee Due Date Policy By Amy Fountain Tuesday, April 5, 2016 annual registered agent fee due dateEffective immediately, all annual Registered Agent Fees will be due on the 28th day of whatever month your company was formed... Read More
Compare Business Entities: Corporation vs LLC By HBS , Meri Weiss Tuesday, March 29, 2016 Corporation vs LLCWhat’s the difference between LLCs and corporations? Which is better for raising capital, limiting liability, easy management & paying taxes?.. Read More
What Is Foreign Qualification? By Andrew Millman Monday, March 28, 2016 what is foreign qualificationForeign 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. If you plan to operate the business, open a bank account, hire employees or hold an asset in any state other than the state of incorporation, you may be required to file for Foreign Qualification. If you fail to do so, you may be jeopardizing your company... Read More
Business Start-Up Guide: Merchant Services By Jeremy Reed Tuesday, March 22, 2016 business start-up guideMerchant services have become increasingly important for start-ups in the information age. In the past, start-ups would market their product or services in their local area and many accepted only cash or checks for payment... Read More
Company Seal Requirements | Why Use a Company Seal? By Devin Scott Monday, March 21, 2016 Company Seal RequirementsThe company seal is a tool used to stamp or emboss your company's important documents in order to show the document is certified by, and agreed upon by, the Board of Directors of the company. The company seal contains the company’s name, its year of incorporation and the state in which the company was filed. Think of the corporate seal as the official signature of your company... Read More