It’s a fact that Delaware is the Incorporation Capital of the World, but how has Delaware’s corporate law affected the business world, and why?... Continue Reading
Posted In: The Delaware Advantage
Typically, a sole proprietorship makes you personally liable for all of your business debts and gets taxed at the personal (not corporate) tax rate. That's not all.... Continue Reading
Posted In: Business Strategies
How much money in cash reserves should your company have? There is no one-size-fits-all answer to this question.... Continue Reading
Posted In: Business Strategies
Similar to a small business, a micro business is a perfect option for a solopreneur who is a freelancer or independent contractor.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
We explain what to tell the IRS if your company does not have an actual physical location or address | Where Is My Business Located?... Continue Reading
Posted In: Compliance
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.... Continue Reading
Posted In: About LLCs
You are not required to live in (or even visit) Delaware to form your company within the state. Delaware’s Corporate Law structure does not impose restrictions on ownership or management of a Delaware company by a non-resident of the United States.... Continue Reading
Posted In: Compliance
We communicate with our clients around the world frequently and our team is accustomed to fielding questions on all aspects of starting and maintaining a Delaware company. Still, there are the occasional questions that catch us off guard.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Obtaining a business license is not the same as forming an LLC or other legal entity for your business. Whereas the license approves your specific business in a certain jurisdiction, an LLC provides an official, legally-recognized business structure.... Continue Reading
Posted In: About LLCs
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.... Continue Reading
Posted In: About LLCs
The Certificate of Incumbency displays the names and positions of the corporation’s directors and officers. It also includes information related to whether they were appointed or elected, and the term of their office.... Continue Reading
Posted In: About Corporations
The winner of the Harvard Business Services 2022 Non-Profit Student Entrepreneur Scholarship is Mason Turner from Ohio. His non-profit "Huntington Support" aims to support families affected by the Huntington disease - an inherited condition, which affects the brain's nerve cells.... Continue Reading
Posted In: About Harvard
A corporation typically “lives” separately from its founder(s), shareholders, and employees. In other words, regardless of individuals involved in the business quitting, retiring, or even passing away, the business entity will still exist.... Continue Reading
Posted In: About Corporations
Every entrepreneur dreams of creating that perfect startup, one with fantastic publicity, additional rounds of abundant funding, huge sales and continued success. However, there are decisions that have to be made and paperwork that should be completed and submitted to the state of incorporation before a startup begins doing business. We talk about it in our blog.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
There are very few requirements to maintain a company’s good standing with the state of Delaware. Don’t forget to update us if any of your company’s contact information changes.... Continue Reading
Posted In: Compliance