The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.
Foreign Qualification Common Mistakes
By
Andrew Millman
Monday, October 16, 2023
Foreign qualifying your business is tricky, but our team of professionals can help you avoid common mistakes in applying for foreign qualifications. Some of the most frequent foreign qualification errors include: delaying the process until the last minute, using the wrong title on the application, omitting information such as the address for one of the officers, directors, members, or managers, or failing to provide the appropriate accompanying documentation, such as a Certificate of Good Standing or a Certified Copy. At a time when nearly every single Secretary of States’ office in the US is experiencing some form of processing delay due to the pandemic, savvy owners are seeking professional support to ensure a timely and smooth filing process...
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Stuck With a Tie-Breaker Manager in an LLC
By
Jarrod Melson, Esq.
Tuesday, October 10, 2023
When a vote is split amongst LLC leadership, an LLC deadlock provision offers a solution via a tie-breaker manager. Learn more about the role & their removal...
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Understanding the Transition from DUNS Numbers to UEIs
By
Justin Damiani
Monday, October 9, 2023
Stay Informed: UEIs to Replace DUNS Numbers! In our latest blog post, we explore the significant shift from DUNS to UEIs and its implications for businesses. Gain insights into compliance and competitiveness in this evolving landscape. Read the full article to stay ahead of the curve!..
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How Much Cash Reserves Does Your Business Need?
By
HBS
Tuesday, October 3, 2023
How much money in cash reserves should your company have? There is no one-size-fits-all answer to this question...
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Converting a Non-U.S. Entity to a Delaware Corporation
By
Justin Damiani
Monday, October 2, 2023
We have recently received numerous requests from clients based outside of the United States regarding converting, or “domesticating,” their already existing company based in another country into Delaware...
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Remote Workers and the Need to Foreign Qualify
By
Justin Damiani
Tuesday, September 26, 2023
If your business has a remote worker in another state, do you still need to foreign qualify? Read about the remote employee foreign qualification requirements...
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LLC Change of Ownership Checklist
By
Brett Melson
Monday, September 25, 2023
Members of an LLC may change the LLC’s ownership and the terms governing its management and operation by amending its operating agreement. Here are five parties you’ll want to inform when you do so to avoid putting your company at any undue risk...
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The Delaware Certificate of Incorporation and the Role of the Incorporator
By
Brett Melson
Tuesday, September 19, 2023
Are you starting a Delaware Corporation? Learn more about the process of drafting a Certificate of Incorporation and your role as the business’s incorporator...
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What is a Banking Resolution?
By
Devin Scott
Monday, September 18, 2023
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate 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...
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Board Meetings and the Importance of Well-Drafted Minutes
By
Brett Melson
Tuesday, September 12, 2023
Learn about the importance of properly recording your board meeting minutes and some of the essentials that should be included in each document...
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