About Corporations
Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.
Non-Profit Corporation vs Public Benefit Corporation
By
Rick Bell
Monday, June 10, 2024
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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Is an LLC a corporation? What's the Difference?
By
Rick Bell
Monday, May 27, 2024
Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere.
So why did Google choose to form as a corporation and YouTube as an LLC?..
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What Is a Non-Stock Corporation?
By
Paul Sponaugle
Tuesday, May 21, 2024
The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic...
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What Does a Corporate Secretary Do?
By
HBS
Tuesday, April 30, 2024
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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Delaware Blank Check Preferred Stock
By
Rick Bell
Monday, April 29, 2024
Every Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders...
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My Delaware Corporation Was Voided. Now What?
By
Amy Fountain
Monday, April 8, 2024
Delaware companies risk being voided if annual franchise taxes go. A voided entity cannot obtain critical documents like Certificates of Good Standing. Though business activities remain valid, the name becomes available for new use. Don't panic - reinstatement is possible through renewal filings and paying back taxes/fees. Learn the straightforward process for restoring your voided Delaware company to good standing...
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Recorded Webinar: Delaware Corporation Basics
By
HBS
Monday, March 11, 2024
This webinar is packed full of great information dealing with the basic elements of a Delaware corporation and detailing some of the finer points as well. Available in video and transcribed formats...
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Correcting Corporate Oversights: A Guide for Delaware Corporations
By
Brett Melson
Tuesday, February 13, 2024
Drafting corporate resolutions, recording meeting minutes and tracking stock available for issuance is sometimes seen as a distraction from the company’s primary focus of pursuing its business plan and achieving its goals...
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Why Venture Capitalists Prefer Delaware C-Corps
By
HBS
Monday, February 5, 2024
The first requirement of every serious investor, angel investor and Venture Capitalist is the same: your company must be a Delaware C corporation before they will even consider investing in it...
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Bylaws - More Important Than You Might Think
By
Brett Melson
Monday, January 22, 2024
Bylaws are rules set by a company to govern itself. Brett Melson discusses more about corporate bylaws, their function, and how they should be implemented...
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