Posted by Rick Bell
Book Review: The Startup Checklist, by David S. Rose Monday, May 18, 2020

Like a personal mentor and guide for your business startup, this book details the steps you need to take to create a business unicorn.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Finding Angel Investors for Your Company Monday, May 11, 2020

Angel groups need applicants that suit their investment criteria. Still, they turn down a majority of applicants because they get so many. Nobody will be turned on by your claiming to be the next Amazon or Facebook. Be confident and direct.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

The Delaware Dynasty Trust: Another Delaware Advantage Tuesday, April 14, 2020

Setting up a Delaware Dynasty Trust is something you should not attempt without top-tier legal advice. Since the purpose is mainly to protect the breakup of your interest in your company, you’ll want it to outlast legal challenges long after you’re gone.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Where Should I Form My Company? Monday, April 6, 2020

If you were forming a local plumbing firm, I would say form it in your home state, but if you’re out to build a business that will be global in nature and scale up to what might now seem like a mighty dream, then Delaware is the only way to go.... Continue Reading

Posted In: The Delaware Advantage

Delaware Blank Check Preferred Stock Tuesday, January 21, 2020

Every Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders.... Continue Reading

Posted In: About Corporations

Who Will Invest In Your Company? Monday, October 14, 2019

When you’re just starting out and looking for investors for your new company, forget the standard sources of capital; forget the banks; forget the Venture Capital firms; forget the finance companies; and forget the Small Business Association.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Delaware LLC Privacy: What's on Public Record? Tuesday, July 2, 2019

A Delaware LLC filed through a professional Registered Agent affords you the highest level of confidentiality. Only the company name and the name and address of the Registered Agent typically appear on the Certificate of Formation, along with the date of filing and the company file number.... Continue Reading

Posted In: The Delaware Advantage

How to Buy Stock in Private Tech Unicorns Tuesday, June 25, 2019

Many tech startups are staying private for longer periods of time, as they require tremendous injections of cash over their extended phases of growth, but now you can buy stock in them.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

What is a Delaware Statutory Trust? Tuesday, September 4, 2018

Delaware is one of the few states in America to have a statutory trust law. Most states still rely upon common law trusts.... Continue Reading

Posted In: The Delaware Advantage

Why Do So Many Companies Incorporate in Delaware? Tuesday, August 14, 2018

You do not need to visit Delaware in order to form a business in the state. Delaware's Division of Corporations is the best in the world at processing business formation filings quickly, and it encourages entrepreneurs from across the country and around the world to form their businesses here.... Continue Reading

Posted In: The Delaware Advantage

Benefits of a Virtual Office Service Monday, July 16, 2018

Depending on the type of business you own, there are many potential advantages to retaining virtual office services.... Continue Reading

Posted In: Business Strategies

Non-Profit Corporation vs Public Benefit Corporation Monday, July 2, 2018

A traditional non-profit—or not-for-profit—company aims to serve a public benefit without making a profit, as defined by the IRS. If a non-profit company decides to stop doing business and dissolve, it must distribute its assets among other non-profits.... Continue Reading

Posted In: About Corporations

Is an LLC a corporation? What's the Difference? Tuesday, January 16, 2018

Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?... Continue Reading

Posted In: About Corporations

Board Portal Software: BoardBookit Monday, January 15, 2018

BoardBookit is a cloud-based board portal software platform that will change your life if you want to be great at managing your board.... Continue Reading

Posted In: Business Strategies

Can Delaware Corporation Directors Be Undisclosed? Tuesday, April 18, 2017

On the Delaware Annual Franchise Tax Report, all corporations must list their Company Name; Company Address; Names & Addresses of all Directors; Name & Address of one Officer.... Continue Reading

Posted In: About Corporations