‘Wall Street Era is Over - guide coming from the team behind DeFiYield, a leading resource for DeFi investors, discusses decentralized finance, and explains how anyone can take advantage of it; what to look out for; and also, some expert tips that may raise your chances of success.... Continue Reading
Posted In: Business Strategies
Being able to sell is by far one of the most important tools in business, and in life in general. Whether you are selling yourself, selling a product, or selling an idea, everyone sells (or attempts to sell) every day. This book stood out because, although it was copyrighted in 1947, the basic sales principles talked about in this book still apply today.... Continue Reading
Posted In: Business Strategies
Grant Cardone came up with the 10X rule. While it calls for massive action in order to hit your goals, if applied properly, most people learn that their initial goals are too small in the first place. The 10X rule inspires because it guides you to create goals that are not just ok. It inspires you to create goals that have the power to transform your business and your life.... Continue Reading
Posted In: Business Strategies
Many companies use a company seal (also referred to as a corporate seal), although it is not required by law. A company seal contains the company’s name, the year of incorporation and the state in which the company was filed. Think of the company seal as the official signature of your company.... Continue Reading
Posted In: Business Strategies
If you want your Delaware company to operate in NY, you need to file for Foreign Qualification and keep your company compliant in both states.... Continue Reading
Posted In: Compliance
Both Public Benefit Corporations and Non-Profit Corporations require additional language on the Certificate of Incorporation, in the form of a Benefit Statement (for a Benefit Corporation) or a Mission Statement (for a Non-Profit Corporation). There are typically differences in the language in these two statements.... Continue Reading
Posted In: About Corporations
A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause.... Continue Reading
Posted In: About Corporations
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included. Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting.... Continue Reading
Posted In: About Corporations
A conformed signature indicates that a real signature has been used on the original document. Oftentimes, business transactions are done by smartphone while on the go. Many people know already that Delaware will accept faxed and emailed copies of documents that require signatures.... Continue Reading
Posted In: The Delaware Advantage
You may be wondering what a DUNS number is used for. Here's a breakdown of what it is, plus why you may need one for your company.... Continue Reading
Posted In: Compliance
Each state has different requirements for Foreign Qualification. Virginia, like most states, has an application process and a state fee for Virginia registration for a Delaware LLC. The state of Virginia also requires additional documentation from your Delaware LLC.... Continue Reading
Posted In: Compliance
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.... Continue Reading
Posted In: About LLCs
If you own a Delaware LLC or corporation, here’s what banks typically require in order to open a business bank account.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Foreign Qualification is the manner in which Florida grants you permission to operate your Delaware corporation there. It is a very important step that is sometimes forgotten, but if you fail to comply with Florida's local compliance regulations, you may be putting yourself and your company at risk.... Continue Reading
Posted In: Compliance
Maryland, like many other states, has an application process and a state fee for Delaware companies that operate there. The process in which a Delaware LLC registers in Maryland is called Foreign Qualification.... Continue Reading
Posted In: Compliance