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
Rick Bell
Monday, May 16, 2022
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...
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Structure of a Deal: Asset Sale vs. Sale of Equity
By
Jarrod Melson, Esq.
Tuesday, May 10, 2022
This Part III of the Selling Your Small Business series of posts discusses the two main options for structuring the sale of a business: the sale of the assets of the business and the sale of the equity interests in the business entity. This post broadly describes the differences between the two approaches and the tax and liability implications of each upon the purchaser and the seller...
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Book Review: The 5 Great Rules of Selling
By
Devin Scott
Tuesday, May 3, 2022
Being able to sell is by far one of the most important tools in business, and in life in general. Whether you are selling yourself, selling a product, or selling an idea, everyone sells (or attempts to sell) every day. This book stood out because, although it was copyrighted in 1947, the basic sales principles talked about in this book still apply today...
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The Delaware Secretary of State
By
HBS
Monday, May 2, 2022
The Delaware Secretary of State, who leads the Delaware Department of State, is appointed by the state’s Governor and is typically one of the Governor’s top advisors. The office of the secretary and the department he or she leads is located in Delaware’s capital, Dover...
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What is 10X and how can it save my business?
By
Devin Scott
Tuesday, April 26, 2022
Grant Cardone came up with the 10X rule. While it calls for massive action in order to hit your goals, if applied properly, most people learn that their initial goals are too small in the first place. The 10X rule inspires because it guides you to create goals that are not just ok. It inspires you to create goals that have the power to transform your business and your life...
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Plan Your Delaware Company’s Business Start Date
By
Justin Damiani
Tuesday, April 12, 2022
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...
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What Is The Role of a President of a Corporation?
By
Michael Bell
Monday, April 11, 2022
The person who is President of a company is in the highest position within an organization and, in some cases, takes on the title of Chief Executive Officer as well...
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Plan Your Delaware Company’s Business Start Date
By
Justin Damiani
Friday, April 8, 2022
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...
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What Does a Corporate Secretary Do?
By
HBS
Tuesday, April 5, 2022
Many people think a Corporate Secretary’s role is merely to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, it is nowhere near the entirety of this pivotal role...
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Drop shipping for your Delaware Company
By
Justin Damiani
Tuesday, March 29, 2022
At Harvard Business Services, Inc. (HBS), a growing number of our clients are forming new Delaware companies for the purpose of creating an ecommerce platform that uses drop shipping as its method. A retail business that does not keep the products it sells in stock, drop shipping companies are popular among both our domestic and non-U.S. clients. With a wide range of products, drop shipping companies have significant advantages in the long run...
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