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.

How to Convert an LP to an LLC By Brett Melson Monday, September 15, 2025 How to Convert an LP to an LLCThe 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... Read More
Obtaining a Long Form Delaware Certificate of Good Standing By Justin Damiani Tuesday, August 26, 2025 Long Form GSLearn about the Long Form Certificate of Good Standing & how it differs from the regular one. Get your Delaware Certificate of Good Standing with HBS today... Read More
How to Create a Second Company with the Same Name By Justin Damiani Tuesday, August 19, 2025 Say you have an active Delaware Limited Liability Company named Sports Apparel LLC, and would like to form a new Delaware Corporation. You can form the new corporation with the same basic name, such as Sports Apparel Inc., as long as you submit a consent form along with your filing of the new Certificate of Incorporation... Read More
Payment Terms: Holdbacks, Escrows and Earnouts By Jarrod Melson, Esq. Monday, August 4, 2025 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
Subchapter S Tax Status for a Delaware Corporation or LLC By Brett Melson Tuesday, July 29, 2025 Subchapter SElecting Subchapter S Status for your corporation or LLC will allow your business to save money on taxes. Find out if your Delaware business is eligible... Read More
Exploring ROBS: A Financing Option for Entrepreneurs By Veso Ganev Monday, July 21, 2025 ROBSLearn more about ROBS financing, which allows an individual to use their retirement funds to start a business without incurring any early withdrawal penalties... Read More
Director Compensation – Steps to Avoid Liability By Jarrod Melson, Esq. Monday, July 14, 2025 Board of Directors.Discover some of the rules & regulations of setting director compensation. Learn about how the financial interest of both the director & the board can be met... Read More
Short Form vs Long Form Good Standing Certificate By Justin Damiani Monday, July 7, 2025 Find out the difference between the Short Form vs Long Form Certificates of Good Standing and when your company should pursue each version... Read More
Routine Filings that Clients Sometimes Neglect By Justin Damiani Tuesday, June 17, 2025 Some Delaware business filings need to be replicated when making a name change, dissolving a business or changing entity type. Learn more in our blog... Read More
Board Meeting Mistakes to Avoid: Part 4 of Delaware Board Meeting Series By Brett Melson Tuesday, June 10, 2025 Board MistakesThis is Part 4 and the final installment of our comprehensive Delaware board meeting series. After covering the basics in Parts 1-3, we now address the most common mistakes that can expose companies to legal risk... Read More