About LLCs
The LLC is the most popular type of Delaware business formation. In these blogs, we examine all aspects of LLCs, including LLC Operating Agreements.
What Is an LLC Operating Agreement?
By
Brett Melson
Monday, April 25, 2022
The Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More
The Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More
LLC Change of Ownership Checklist
By
Brett Melson
Monday, April 18, 2022
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... Read More
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... Read More
LLC Tax Status Options
By
Brett Melson
Monday, April 4, 2022
An LLC offers the limited liability of a corporation and flexible taxation. To file and form both an LLC requires little to no personal information, and Harvard Business Services makes the process simple and convenient. In this article, learn about LLC taxation options including: Disregarded Entity Status, the Partnership Tax, and S-Corp Election.. Read More
An LLC offers the limited liability of a corporation and flexible taxation. To file and form both an LLC requires little to no personal information, and Harvard Business Services makes the process simple and convenient. In this article, learn about LLC taxation options including: Disregarded Entity Status, the Partnership Tax, and S-Corp Election.. Read More
Ensuring an LLC Will Have Perpetual Existence
By
Brett Melson
Monday, February 14, 2022
The LLC agreement has been a popular topic in many other blog postings. This post focuses on the LLC’s potential for perpetual existence, highlighting just how flexible the Delaware LLC can be and why over 70% of our new formations are the Delaware LLC!.. Read More
Why Clients Want to Form a Delaware Public Benefit LLC
By
Justin Damiani
Monday, January 24, 2022
Clients form a Delaware Public Benefit LLC to offer a benefit to society while gaining profits. A Public Benefit LLC is ideal for the client who is interested in the custom management structure that a regular LLC provides, and whose company exists to provide a specific social good or benefit to the public and the community... Read More
Clients form a Delaware Public Benefit LLC to offer a benefit to society while gaining profits. A Public Benefit LLC is ideal for the client who is interested in the custom management structure that a regular LLC provides, and whose company exists to provide a specific social good or benefit to the public and the community... Read More
Benefits of a Delaware LLC
By
Andrew Millman
Monday, January 17, 2022
There are a number of reasons a Delaware LLC is uncomplicated to form and maintain. The Delaware LLC is well-known for its unmatched flexibility and low maintenance requirements... Read More
There are a number of reasons a Delaware LLC is uncomplicated to form and maintain. The Delaware LLC is well-known for its unmatched flexibility and low maintenance requirements... Read More
Pros and Cons to Running an LLC from Home
By
Jeff Winslow
Monday, December 13, 2021
Most people love the idea of working from home - but is it a good choice to run your LLC from home? Here are the pros and cons to running an LLC from home... Read More
Most people love the idea of working from home - but is it a good choice to run your LLC from home? Here are the pros and cons to running an LLC from home... Read More
Delaware Timetable for Cancelling Your LLC
By
HBS
Monday, December 6, 2021
If you have stopped using one of your LLCs and it’s time to close it, here is the Delaware timetable. Whether the company didn’t turn out as planned or you feel the company has run its course and it’s time to shut down, Harvard Business Services, Inc. is here to assist with any cancellation needs... Read More
If you have stopped using one of your LLCs and it’s time to close it, here is the Delaware timetable. Whether the company didn’t turn out as planned or you feel the company has run its course and it’s time to shut down, Harvard Business Services, Inc. is here to assist with any cancellation needs... Read More
General Partnership vs Limited Partnership
By
Devin Scott
Monday, September 20, 2021
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
Operating Multiple Businesses Under One LLC
By
HBS
Monday, August 2, 2021
It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name... Read More
It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name... Read More