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 non-profit vs benefit corpUnlike 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
Is an LLC a corporation? What's the Difference? By Rick Bell Monday, May 27, 2024 is an llc a corporationWhy 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?.. Read More
What Is a Non-Stock Corporation? By Paul Sponaugle Tuesday, May 21, 2024 what is a non-stock corporation?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... Read More
What Does a Corporate Secretary Do? By HBS Tuesday, April 30, 2024 what is a corporate secretaryMany 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... Read More
Delaware Blank Check Preferred Stock By Rick Bell Monday, April 29, 2024 delaware blank check preferred stockEvery 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... Read More
My Delaware Corporation Was Voided. Now What? By Amy Fountain Monday, April 8, 2024 what happens if your delaware corporation is voidedDelaware 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... Read More
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... Read More
Correcting Corporate Oversights: A Guide for Delaware Corporations By Brett Melson Tuesday, February 13, 2024 how to fix business mistakes in a delaware corporationDrafting 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... Read More
Why Venture Capitalists Prefer Delaware C-Corps By HBS Monday, February 5, 2024 Why Do Investors Prefer Delaware C CorporationsThe 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... Read More
Bylaws - More Important Than You Might Think By Brett Melson Monday, January 22, 2024 bylawsBylaws are rules set by a company to govern itself. Brett Melson discusses more about corporate bylaws, their function, and how they should be implemented... Read More