The HBS Blog

The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.

Delaware Certificate of Good Standing: FAQs By
Delaware Certificate of Good Standing
Banks, angel investors, VC investors and other reasons you may need a Certificate of Good Standing. This certified document, which is produced by the Delaware Secretary of State’s office, is required for real estate closings as well as accounting and legal matters... Read More
How Sweat Equity Can Benefit Your Startup By
How Sweat Equity Can Benefit Your Startup
In some cases, sweat equity may be coupled with a smaller financial investment, as compared to those made by other startup founders/partners. However, sweat equity is typically remunerated in the same manner as cash equity, often through stock distribution... Read More
Changing Your Company Name Is Easier Than You Think! By
change your company name
Have you thought about officially changing your company name? The process isn't as difficult as you might think. Here's how it works... Read More
Incorporate a Delaware Company in Oregon By
foreign qualify a business in oregon
Oregon, like many other states, has an application process as well as a state fee, and will require your company’s Certificate of Good Standing from Delaware... Read More
What Is an LLC Operating Agreement? [with templates] By
what is an llc operating agreement
The Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More
What Does a Registered Agent Do? By
What Does a Registered Agent Do
A Registered Agent is required by law in most states, and must be open during normal local business hours in order to receive any services of process... Read More
Business Dissolution: Two Ways to Go About It By
how to close a company
When a Delaware company is no longer viable, there are two options available to the company owner in order to complete a business dissolution. One approach is to file the proper cancellation (for an LLC) or dissolution (for a corporation) documents with the state of Delaware to formally close the company... Read More
Adding or Removing a Member of an LLC By
Adding or Removing a Member of an LLC
Below is a checklist for updating the appropriate government agencies and other important affiliates after the changes to ownership are completed... Read More
Is an LLC a corporation? What's the Difference? By
is an llc a corporation
Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More
Board Portal Software: BoardBookit By
Board Portal Software
BoardBookit is a cloud-based board portal software platform that will change your life if you want to be great at managing your board... Read More