The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.
Company Name Not Available... Now What?
By
Justin Damiani
Monday, June 6, 2022
Perhaps you’re forming a new Delaware Corporation under the name, Jones Financial Services Inc. and the name is not available in Delaware. A slight alteration to the entity name such as Jones Financial Group Inc. or Jones Financial Solutions Inc. may be successful...
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When Is a “Doing Business As” Name Required?
By
Brett Melson
Tuesday, May 31, 2022
When a company executes contracts or otherwise acts in a legal capacity under a different name, a DBA is appropriate. Alternatively, abbreviating Brett’s Diner LLC as “Brett’s” on flyers and in marketing materials should not typically raise an issue...
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Do I Need a Business License for My Company?
By
HBS
Monday, May 30, 2022
No matter what type of business you own—whether it’s in a physical storefront or based online—and regardless if it’s a small or large company, you are going to need to obtain and maintain a business license (possibly more than one)...
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Update on Russia-related sanctions and how they may affect you
By
Rick Bell
Tuesday, May 24, 2022
On May 8, 2022 the U.S. Department of the Treasury released sanctions related to the Russian invasion of Ukraine. Our founder and chairman Rick Bell provides more information on what that means for our ability to provide services to Russian clients...
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How to Protect Your App Idea Legally
By
HBS
Monday, May 23, 2022
Right now is a great time to build an app. The average mobile user uses 9 apps every day, and 30 apps in a month. You have a great chance to build an app that’s useful and profitable...
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Why June 1st Is an Important Deadline for Delaware LLCs
By
Amy Fountain
Sunday, May 22, 2022
If you have a Delaware Limited Liability Company (LLC), series LLC or Limited Partnership (LP), then the date of June 1 is critical to your business entity. June 1 is the deadline for paying you company’s annual Franchise Tax fees...
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Payment Terms: Holdbacks, Escrows and Earnouts
By
Jarrod Melson, Esq.
Tuesday, May 17, 2022
Part IV of the Selling Your Small Business series of posts discusses three features relating to the payment of the purchase price for a business: holdbacks, escrows and earnouts...
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Non-Profit Corporation vs Public Benefit Corporation
By
Rick Bell
Monday, May 16, 2022
Unlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise...
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Structure of a Deal: Asset Sale vs. Sale of Equity
By
Jarrod Melson, Esq.
Tuesday, May 10, 2022
This Part III of the Selling Your Small Business series of posts discusses the two main options for structuring the sale of a business: the sale of the assets of the business and the sale of the equity interests in the business entity. This post broadly describes the differences between the two approaches and the tax and liability implications of each upon the purchaser and the seller...
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Book Review: The 5 Great Rules of Selling
By
Devin Scott
Tuesday, May 3, 2022
Being able to sell is by far one of the most important tools in business, and in life in general. Whether you are selling yourself, selling a product, or selling an idea, everyone sells (or attempts to sell) every day. This book stood out because, although it was copyrighted in 1947, the basic sales principles talked about in this book still apply today...
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