5 Key Attitudes for Entrepreneurial Success Tuesday, May 7, 2024

No entrepreneur succeeds in every business venture. Every successful entrepreneur fails at least once, if not twice. How entrepreneurs learn from and utilize their failures, however, is what matters, because in entrepreneurship, attitude is everything. Here are five key attitudes every entrepreneur must conquer in order to run a prosperous business venture.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Common Mistakes on the Delaware Annual Report Tuesday, January 2, 2024

If you don’t properly fill out the Delaware Annual Report, it may face scrutiny. Read about the most common mistakes on the Delaware Annual Report.... Continue Reading

Posted In: Business Strategies

Why Convert Your Tax Status from S-Corp to C-Corp Monday, November 13, 2023

The most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income.... Continue Reading

Posted In: Business Strategies

Certification for Veteran Small Business Owners Tuesday, November 7, 2023

Learn about the benefits of becoming certified as a veteran small business owner. Sign up online with the Small Business Administration as a VOSB today.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

What Is the Delaware Court of Chancery? Monday, June 19, 2023

The Delaware Court of Chancery has a long history deciding on equity and fairness between parties. The tiny coastal state of Delaware is widely recognized as the best state in which to form a company, not only in the United States but throughout the world. One of the key reasons for this is the Delaware Court of Chancery.... Continue Reading

Posted In: The Delaware Advantage

Set Up A Non-Profit Corporation in Delaware Monday, August 15, 2022

Once you have set up a Delaware Exempt corporation—also known as a non-profit corporation—you will need to file an application for non-profit status with the IRS. Part of your application should include your non-profit corporation’s mission statement. The mission statement is generally a statement of what your organization wants and aims to accomplish.... Continue Reading

Posted In: Business Strategies

Delaware Corporate Law Structure & the Corporate Veil Monday, July 18, 2022

The corporate veil is essentially the concept that maintains corporate law throughout the world. Without the ability to act as its own entity, how else could companies transact business?... Continue Reading

Posted In: The Delaware Advantage

Dissolve a Corporation with Certificate of Dissolution Monday, May 24, 2021

Some corporation owners do not want to pay the expense of filing a Certificate of Dissolution. There is an alternative to dissolving your corporation via Certificate of Dissolution—you can tell your Registered Agent to resign as the agent with the state.... Continue Reading

Posted In: Business Strategies

How to Run a Shareholder Meeting Tuesday, April 7, 2020

Delaware law requires every corporation to hold an annual shareholders meeting at least once every 13 months. Generally, the date of the annual meeting is contained in the bylaws of the corporation. A meeting must be held, regardless of the number of shareholders in the corporation.... Continue Reading

Posted In: About Corporations

NY’s LLC Publication Requirement for Foreign Entities Monday, November 28, 2016

If you would like to operate your Delaware LLC in the state of New York, you can easily do so after you file for Foreign Qualification. Foreign Qualification is the process in which the New York Department of State gives your Delaware LLC permission to legally operate in that state.... Continue Reading

Posted In: About LLCs

Business Start-Up Guide: Merchant Services Tuesday, March 22, 2016

Merchant services have become increasingly important for start-ups in the information age. In the past, start-ups would market their product or services in their local area and many accepted only cash or checks for payment.... Continue Reading

Posted In: Business Strategies

How A 2015 GI Bill Helps Entrepreneurial Veterans Tuesday, November 10, 2015

The bill allows qualified veterans to use the skills learned and work ethic gained while serving our country in order to start a new business and further strengthen our communities nationwide.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Why You Should Consider a Crowdfunding Platform Wednesday, September 9, 2015

Got a great idea for an app or startup but nowhere near enough money to get started? Consider a crowdfunding platform.... Continue Reading

Posted In: Business Strategies