Business Strategies

Learn how to incorporate your Delaware business as well as tips, suggestions and smart business ideas for you to utlize before and after incorporating a company in Delaware.

Payment Terms: Holdbacks, Escrows and Earnouts By Jarrod Melson Tuesday, May 17, 2022 Payment TermsPart 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... Read More
Structure of a Deal: Asset Sale vs. Sale of Equity By Jarrod Melson Tuesday, May 10, 2022 AssetsThis 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... Read More
Cash Reserves: How Much Does Your Business Need? By HBS Monday, May 9, 2022 how much in cash reserves does my company needHow much money in cash reserves should your company have? There is no one-size-fits-all answer to this question... Read More
Book Review: The 5 Great Rules of Selling By Devin Scott Tuesday, May 3, 2022 Book Review: The 5 Great Rules of SellingBeing 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... Read More
What is 10X and how can it save my business? By Devin Scott Tuesday, April 26, 2022 What is 10xGrant Cardone came up with the 10X rule. While it calls for massive action in order to hit your goals, if applied properly, most people learn that their initial goals are too small in the first place. The 10X rule inspires because it guides you to create goals that are not just ok. It inspires you to create goals that have the power to transform your business and your life... Read More
Foreign Qualification Common Mistakes By Andrew Millman Tuesday, April 19, 2022 Common MistakesForeign qualifying your business is tricky, but our team of professionals can help you avoid common mistakes in applying for foreign qualifications. Some of the most frequent foreign qualification errors include: delaying the process until the last minute, using the wrong title on the application, omitting information such as the address for one of the officers, directors, members, or managers, or failing to provide the appropriate accompanying documentation, such as a Certificate of Good Standing or a Certified Copy. At a time when nearly every single Secretary of States’ office in the US is experiencing some form of processing delay due to the pandemic, savvy owners are seeking professional support to ensure a timely and smooth filing process... Read More
Plan Your Delaware Company’s Business Start Date By Justin Damiani Tuesday, April 12, 2022 Effective DateWould you like to set your new Delaware company’s business start date? Maybe you want to register a Delaware company with an effective date of your son or daughter’s birthday or on your wedding anniversary date. If it’s close to the end of the year, you may even prefer an effective date of January 1. In Delaware, an LLC’s Certificate of Formation or a Corporation’s Certificate of Incorporation can be filed with an effective date and even an effective time... Read More
Requirements for a Company Seal By Devin Scott Monday, March 28, 2022 Company Seal RequirementsMany companies use a company seal (also referred to as a corporate seal), although it is not required by law. A company seal contains the company’s name, the year of incorporation and the state in which the company was filed. Think of the company seal as the official signature of your company... Read More
How Exchange Rates Affect Your Business By HBS Monday, March 21, 2022 How do foreign exchange markets work? What are their effects on business owners? Here's how fluctuations in the exchange rates affect your business... Read More
What is a Certified B Corporation? By Michael Bell Tuesday, March 8, 2022 what is a certified b corporationB 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... Read More