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The HBS Blog
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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 Problem with Marijuana Industry Startups
By Brett Melson Monday, January 9, 2017

cannabis startupsThe cannabis industry is one of the nation's fastest growing industries and is generating enormous interest from entrepreneurs, investors and, of course, regulators and tax authorities. Twenty-eight states and the District of Columbia have legalized medical marijuana, with fourteen states authorizing the sale and use of medical marijuana just within the last five years... Read More

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1099 Form: When and Why to Use It
By Meri Weiss Tuesday, January 3, 2017

how to use a 1099 formThe most common use of a 1099 is for freelancers to report the earnings from independent contractor work. Its function is similar to a W-2 for an employee... Read More

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What to Know about the 401(h) Plan
By HBS Monday, January 2, 2017

401h planSection 401(h) of the IRC provides for specific accounts to be created for medical-related expenses during retirement. Yet few people know about it... Read More

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How to Structure Multiple Business Ventures
By Andrew Millman Monday, December 26, 2016

How to Structure Multiple Business VenturesPeople often inquire about running multiple different business ventures under the same Delaware LLC. They want to know if they can operate several real estate properties, retail stores or car dealerships, for example, under one LLC... Read More

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5 Key Attitudes for Entrepreneurial Success
By Jeremy Reed Tuesday, December 20, 2016

attitudes for entrepreneurial successNo entrepreneur succeeds in every business venture. Every successful entrepreneur fails at least once, if not twice. How entrepreneurs learn from and utilize their failures, however, is what matters, because in entrepreneurship, attitude is everything.Here are five key attitudes every entrepreneur must conquer in order to run a prosperous business venture... Read More

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Incorporate in Utah with a Delaware Corporation or LLC
By Devin Scott Monday, December 19, 2016

utah foreign qualificationYou can incorporate in Utah with a Delaware corporation or LLC by filing for Foreign Qualification. You will then have to provide a Delaware Certificate of Good Standing... Read More

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A New Company for a New Year
By Andrew Millman Friday, December 16, 2016

new company in 2017Did you know you can set up a new Delaware LLC or Delaware corporation so it’s ready for business at the start of 2017?.. Read More

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EIN vs ITIN: What's the Difference?
By Brett Melson Tuesday, December 13, 2016

ein vs itinThere are many numbers that are used to identify ourselves and our corporations or LLCs, such as a Social Security number, driver's license number, passport number, DUNS number and EIN (Employer Identification Number). Many business owners and employees wonder about the differences between the Federal Employer Tax ID number (EIN) and the individual taxpayer identification number (ITIN)... Read More

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What Does It Mean to Be a Shareholder in a Corporation?
By Brett Melson Monday, December 12, 2016

what does it mean to be a shareholder in a corporationA shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder... Read More

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Business Resources for Minority Entrepreneurs
By Meri Weiss Tuesday, December 6, 2016

busiiness resources for minoritiesMinority entrepreneurs are still under-represented in business, which is why there are resources that can assist minority entrepreneurs launch a startup. As champions of start-up companies, we are always looking for ways to help entrepreneurs, especially those who are underrepresented... Read More

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