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.

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
An Easier Way to Pay Delaware LLC/LP Franchise Taxes By
pay delaware llc franchise tax
Even if we are not your Registered Agent, you can still use our system to pay your Delaware Franchise Tax. We are excited to announce that in an effort to improve our clients’ user experience, it is now possible to submit annual Franchise Tax payments for multiple LLCs and Limited Partnerships in a single transaction... Read More
Keep your Delaware LLC or Corporation in Compliance By
keep your Delaware LLC or corporation in compliance
For companies that operate in Delaware in a brick-and-mortar business, home business or online business, there are additional requirements to maintain compliance, such as business licenses or permits... Read More
Anatomy of an S Corporation [INFOGRAPHIC] By
s corporation structure
What is an S corporation and how does being one help a company? Find out in our simple infographic... Read More
4 Common and Avoidable Start-Up Mistakes By
Common and Avoidable Start-Up Mistakes
Try to avoid these common startup mistakes so you won't waste money or time when you are busy running your new company... Read More
What Does Service of Process Mean? By
what does service of process mean
If 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
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
Do I need a business license
No 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