The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.

Update on Russia-related sanctions and how they may affect you By
HBS Logo
On May 8, 2022 the U.S. Department of the Treasury released sanctions related to the Russian invasion of Ukraine. Our founder and chairman Rick Bell provides more information on what that means for our ability to provide services to Russian clients... Read More
How to Protect Your App Idea Legally By
Right now is a great time to build an app. The average mobile user uses 9 apps every day, and 30 apps in a month. You have a great chance to build an app that’s useful and profitable... Read More
Why June 1st Is an Important Deadline for Delaware LLCs By
If you have a Delaware Limited Liability Company (LLC), series LLC or Limited Partnership (LP), then the date of June 1 is critical to your business entity. June 1 is the deadline for paying you company’s annual Franchise Tax fees... Read More
Payment Terms: Holdbacks, Escrows and Earnouts By
Payment Terms
Part IV of the Selling Your Small Business series of posts discusses three features relating to the payment of the purchase price for a business: holdbacks, escrows and earnouts... Read More
Non-Profit Corporation vs Public Benefit Corporation By
non-profit vs benefit corp
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... Read More
Structure of a Deal: Asset Sale vs. Sale of Equity By
Assets
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... Read More
Cash Reserves: How Much Does Your Business Need? By
how much in cash reserves does my company need
How much money in cash reserves should your company have? There is no one-size-fits-all answer to this question... Read More
Book Review: The 5 Great Rules of Selling By
Book Review: The 5 Great Rules of Selling
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... Read More
The Delaware Secretary of State By
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... Read More
What is 10X and how can it save my business? By
What is 10x
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... Read More