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Foreign Qualification in Washington State Monday, February 19, 2018

If you would like to operate a business in the state of Washington with a Delaware company, your business is domestic to Delaware and foreign to Washington... Continue Reading

Posted In: Compliance

Delaware Certificate of Good Standing: FAQs Tuesday, February 13, 2018

Banks, angel investors, VC investors and other reasons you may need a Certificate of Good Standing. This certified document, which is produced by the Delaware Secretary of State’s office, is required for real estate closings as well as accounting and legal matters.... Continue Reading

Posted In: Compliance

How Sweat Equity Can Benefit Your Startup Monday, February 12, 2018

In some cases, sweat equity may be coupled with a smaller financial investment, as compared to those made by other startup founders/partners. However, sweat equity is typically remunerated in the same manner as cash equity, often through stock distribution.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Changing Your Company Name Is Easier Than You Think! Tuesday, February 6, 2018

Have you thought about officially changing your company name? The process isn't as difficult as you might think. Here's how it works.... Continue Reading

Posted In: Business Strategies

Incorporate a Delaware Company in Oregon Monday, February 5, 2018

Oregon, like many other states, has an application process as well as a state fee, and will require your company’s Certificate of Good Standing from Delaware.... Continue Reading

Posted In: Compliance

What Is an LLC Operating Agreement? [with templates] Tuesday, January 30, 2018

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.... Continue Reading

Posted In: About LLCs

What Does a Registered Agent Do? Monday, January 29, 2018

A Registered Agent is required by law in most states, and must be open during normal local business hours in order to receive any services of process.... Continue Reading

Posted In: Business Strategies

Business Dissolution: Two Ways to Go About It Tuesday, January 23, 2018

When a Delaware company is no longer viable, there are two options available to the company owner in order to complete a business dissolution. One approach is to file the proper cancellation (for an LLC) or dissolution (for a corporation) documents with the state of Delaware to formally close the company.... Continue Reading

Posted In: Business Strategies

Adding or Removing a Member of an LLC Monday, January 22, 2018

Below is a checklist for updating the appropriate government agencies and other important affiliates after the changes to ownership are completed.... Continue Reading

Posted In: Business Strategies

Is an LLC a corporation? What's the Difference? Tuesday, January 16, 2018

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?... Continue Reading

Posted In: About Corporations

Board Portal Software: BoardBookit Monday, January 15, 2018

BoardBookit is a cloud-based board portal software platform that will change your life if you want to be great at managing your board.... Continue Reading

Posted In: Business Strategies

Introduction to Limited Partnerships Tuesday, January 9, 2018

A limited partnership is formed by filing a Certificate of Limited Partnership with the state of Delaware. A limited partnership is not required to file its governing document, the limited partnership agreement, with the state of Delaware.... Continue Reading

Posted In: Business Strategies

Business Resources for Women Monday, January 8, 2018

Two steps forward, one step back: this adage can describe most social, political, economic, educational and business advances by women.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Change Your Company Name: Certificate of Amendment Tuesday, January 2, 2018

It’s easier than you think to change a company’s name. Just file a Certificate of Amendment, which alters your company name quickly and painlessly.... Continue Reading

Posted In: Business Strategies

How to Change Your Business Address Monday, January 1, 2018

The Change of Address or Responsible Party Business form 8822B can be utilized by businesses to update their current contact information for the responsible party on file with the IRS.... Continue Reading

Posted In: Business Strategies