The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.
Preparing Your Small Business for a Sale
By
Jarrod Melson, Esq.
Monday, February 17, 2020
This discussion of selling your small business provides an overview of the steps a small business owner should take to best prepare and position the business for sale once he or she has determined to sell...
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EIN vs ITIN: What's the Difference?
By
Brett Melson
Tuesday, February 11, 2020
There are many numbers that are used to identify ourselves and our corporations or LLCs, such as a Social Security number, driver's license number, passport number, DUNS number and EIN (Employer Identification Number).
Many business owners and employees wonder about the differences between the Federal Employer Tax ID number (EIN) and the individual taxpayer identification number (ITIN)...
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What is a Delaware LLC Certificate of Formation?
By
Devin Scott
Tuesday, February 4, 2020
If you are preparing your own Delaware LLC Certificate of Formation, your name will be listed on the Certificate as the Delaware LLC's authorized person; this is is why many people opt to have us act as their Delaware Registered Agent...
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Doing Business in Missouri with a Delaware Company
By
Devin Scott
Monday, January 27, 2020
Regardless of what your nature of business is in Missouri, Delaware is often the popular choice to incorporate the business. Qualifying your foreign entity is often a key part of staying in compliance with Missouri regulations...
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Delaware Blank Check Preferred Stock
By
Rick Bell
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...
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How to Remove an Officer in a Delaware Corporation
By
Brett Melson
Monday, January 20, 2020
The steps to remove an officer are fairly straightforward. First, you want to review your Certificate of Incorporation and bylaws. Any process that addresses removing officers is likely included in the bylaws. Second, you will also need to review the officer’s employment agreement, the terms of any equity incentive grants (e.g., options, warrants, etc.), and any other agreements with or relating to the officer’s employment or duties to determine whether any notice, timing, cash-out, or acceleration provisions, among others, may affect the process...
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Free Webinar: How and Why to Start a Delaware Company
By
Michael Kupfer
Tuesday, January 14, 2020
Start with a BANG – by starting your own business! In this 60-minute interactive session, Harvard’s President, Michael Bell, will explain how to start a Delaware company and why Delaware is the popular choice for so many entrepreneurs...
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Introducing Jarrod Melson, Harvard’s New General Counsel
By
Jarrod Melson, Esq.
Monday, January 13, 2020
It is a pleasure to introduce myself to our blog readers in this inaugural post. I am Harvard Business Services’ new General Counsel, and would like to introduce myself, discuss my background and to set out my hopes for my contributions to this blog...
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When to Use Independent Contractors
By
Gregg Schoenberg
Tuesday, January 7, 2020
Contract workers often provide cost savings and flexibility for your business, but employees come with their own advantages. Here are some factors to consider...
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Owning Stock and Being a Shareholder in a Corporation
By
Brett Melson
Monday, December 16, 2019
A shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder...
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