The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.
How to Convert an LP to an LLC
By
Brett Melson
Monday, July 17, 2023
The Operating Agreement governing the procedures of the LLC and the rights and obligations among its members is more flexible than that of a Limited Partnership, and may contain provisions and terms that would be impermissible in the context of a Delaware Limited Partnership...
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The Delaware Dynasty Trust
By
Rick Bell
Tuesday, July 11, 2023
The Delaware Dynasty Trust can help mitigate some of the taxes when someone passes on their assets to their heirs. Apply with a Delaware dynasty trust form...
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Mission Statement vs Benefit Statement
By
Devin Scott
Monday, July 10, 2023
Both Public Benefit Corporations and Non-Profit Corporations require additional language on the Certificate of Incorporation, in the form of a Benefit Statement (for a Benefit Corporation) or a Mission Statement (for a Non-Profit Corporation). There are typically differences in the language in these two statements...
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What is a DBA, or Doing Business As? Understanding Assumed Business Names
By
Andrew Millman
Tuesday, June 27, 2023
Business owners often choose to operate under multiple, different names for a number of different ventures. For example, ABC Company, Inc. may find the need to set up multiple, different DBAs using the names XYZ Landscaping, Inc. and 123 Construction, Inc...
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Advantages of a Delaware Close Corporation
By
Devin Scott
Monday, June 26, 2023
A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause...
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Common Public Benefit Corporation Terms
By
Justin Damiani
Tuesday, June 20, 2023
Public Benefit Corporations (PBC) are corporations created with the goal of operating in a way that is responsible and sustainable. These entities exist to to benefit the society as a whole while still creating a profit. We are discussing the terms commonly mentioned when discussing PBCs...
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What Is the Delaware Court of Chancery?
By
Jeremy Reed, Paul Sponaugle
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...
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Delaware Courts' Business Case Law: A Strong Foundation
By
Veso Ganev
Tuesday, June 13, 2023
Discover why Delaware’s business case law makes incorporating here so favorable. Form a Delaware corporation with Harvard Business Services, Inc. today...
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What is a Certified B Corporation?
By
Michael Bell
Monday, June 12, 2023
B Lab is a non-profit corporation that certifies B Corporations—it offers a variety of support, varying from access to the Certified B Corp logo to introducing new Certified B companies to a large, lively community of other Certified B Corporations...
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How To Amend Your Company’s Delaware Annual Report
By
Brett Melson
Tuesday, June 6, 2023
Is there an error in your corporation’s latest annual report? Learn how to make the necessary changes and submit your Delaware Amended Annual Report...
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