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 vs Benefit Corporation (Infographic) By
non profit vs benefit corporation
Our infographic highlights the most important ten differences between non-profits and benefit corporations... Read More
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
How to Set Up A Non-Profit Corporation By
How to Set Up A Non-profit Corporation
Once you have set up a Delaware Exempt corporation—also known as a non-profit corporation—you will need to file an application for non-profit status with the IRS. Part of your application should include your non-profit corporation’s mission statement. The mission statement is generally a statement of what your organization wants and aims to accomplish... Read More
My Company Is Not In Good Standing...Now What? By
My Company Is Not In Good Standing
Perhaps you have not kept up with the annual Delaware filings for your company for several years, and now your company is not in good standing—it's in a void, forfeit or cancelled status... Read More
Podcasts We Love: Freakonomics Radio By
freakonomics podcast
In Podcasts We Love, we review the most interesting & helpful business-related podcasts for entrepreneurs, CEOs and business owners... Read More
6 Questions to Ask Before Joining a Board of Directors By
questions to ask before joining a board of directors
Serving on a corporate Board of Directors is not easy and there are questions a person who is asked to serve as a Director should consider before committing to the position... Read More
Business Terms for Delaware Companies By
Business Terms for Delaware Companies
If you own a Delaware company, there are several important date-related business terms you should be familiar with so understand all your company’s documents and important dates... Read More
The 3 Key SEC Rules on Crowdfunding You Need to Know By
The 3 key SEC rules on crowdfunding you need to know
The Securities and Exchange Commission (SEC) finally adopted exciting new rules that permit companies to raise money through crowdfunding. As a result, companies will be able to raise up to $1 million in any 12-month period from a broad base of ordinary investors through the internet... Read More
Why Convert Your Tax Status from S-Corp to C-Corp By
why convert your status from s corp to c corp
The most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income... Read More
What Is a Banking Resolution Document? By
what is a banking resolution document
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a resolution about banking details is often included. Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting... Read More