Posted by Jeremy Reed
Dissolve a Corporation with Certificate of Dissolution Tuesday, March 28, 2017

There are two ways to close a company: either dissolve a corporation with a Certificate of Dissolution or don’t file a certificate. Both are legal--it just depends on your particular situation.... Continue Reading

Posted In: Business Strategies

5 Key Attitudes for Entrepreneurial Success Tuesday, December 20, 2016

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

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

What Is the Delaware Court of Chancery? Tuesday, September 20, 2016

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

Delaware Corporate Law Structure & the Corporate Veil Tuesday, August 2, 2016

The Delaware Court of Chancery holds extensive case law involving the concept of the corporate veil & is very protective of investors’ limited liability.... Continue Reading

Posted In: The Delaware Advantage

How to Set Up A Non-Profit Corporation Monday, June 20, 2016

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

Why Convert Your Tax Status from S-Corp to C-Corp Monday, May 16, 2016

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

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

New GI Bill Aims to Help Entrepreneurial Veterans Tuesday, November 10, 2015

The Veterans Entrepreneurial Act (Vet Act) of 2015 will allow eligible veterans to access GI Bill funding as seed money for new businesses as opposed to using it for college tuition.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

How to Run a Shareholder Meeting Tuesday, October 27, 2015

How to run a shareholder meeting, including topics to discuss, what to vote on, who must be present and when to hold the required annual meeting.... Continue Reading

Posted In: About Corporations

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

If you have a great idea but not much money, you should consider a crowdfunding platform to launch your entrepreneurial project successfully... Continue Reading

Posted In: Business Strategies