Posted by Brett Melson
How to Convert an LP to an LLC Monday, June 11, 2018

The Operating Agreement governing the procedures of the LLC and the rights and obligations among its members is more flexible than that of a Limited Partnership, and may contain provisions and terms that would be impermissible in the context of a Delaware Limited Partnership.... Continue Reading

Posted In: Business Strategies

EIN vs ITIN: What's the Difference? Tuesday, May 15, 2018

There are many numbers that are used to identify ourselves and our corporations or LLCs, such as a Social Security number, driver's license number, passport number, DUNS number and EIN (Employer Identification Number). Many business owners and employees wonder about the differences between the Federal Employer Tax ID number (EIN) and the individual taxpayer identification number (ITIN).... Continue Reading

Posted In: Compliance

Can I Convert a Corporation to an LLC? Monday, May 14, 2018

A Delaware LLC structure is more flexible than a corporation, as an LLC Operating Agreement may contain provisions and terms that would not be permissible in the context of a Delaware corporation.... Continue Reading

Posted In: Business Strategies

What is a Series LLC? Should I Form One? Tuesday, May 8, 2018

The Delaware LLC laws allow for the creation of a very interesting and unique entity, the series LLC. In a Delaware series LLC, each series is treated as a separate entity, meaning the debts, liabilities, obligations and expenses of one series cannot be enforced against another series of the LLC, or against the LLC as a whole.... Continue Reading

Posted In: About LLCs

How to Convert Your LLC to a Corporation Monday, April 16, 2018

The most common reason to change an LLC to a corporation is that the company needs to be able to issue shares of stock in order to bring on investors or raise venture capital | Convert an LLC to a corporation.... Continue Reading

Posted In: Business Strategies

Change of Ownership For an LLC Is Easy in Delaware Tuesday, March 27, 2018

Change of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. However, not in the state of Delaware. Unlike other states, Delaware requires very little information to be made public in order to form an LLC.... Continue Reading

Posted In: About LLCs

6 Benefits of Registering Your Trademark Monday, March 12, 2018

A trademark is typically the business name or company logo; it is important to have a unique, memorable name or emblem so your customers can easily identify your business amongst your competitors.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

4 Things to Know about Corporate Bylaws [Free Template] Tuesday, February 20, 2018

Corporate bylaws provide the granular detail into how the corporation will operate and what its governance mechanics will be. They also describe the relationship among its Board of Directors, its officers and its shareholders.... 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

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

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

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

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

Form a Delaware LLC Without Names on the Public Record Monday, December 25, 2017

Many people want to know how to file a Delaware LLC confidentially, and how to protect ownership if you file and decide not to list your member's names on your Certificate of Formation. In Delaware, the only document you are required to file in order to create an LLC is a Certificate of Formation.... Continue Reading

Posted In: About LLCs

How to Get an ITIN Number Monday, December 18, 2017

The term “ITIN” stands for Individual Tax Identification Number. Any person who needs a tax identification number but is not eligible to obtain a Social Security Number can apply for an ITIN. An ITIN is easy to identify, as it always begins with the number “9.”... Continue Reading

Posted In: Compliance