Entrepreneurs & Start-Ups
Entrepreneurs & Startups category: Here you will find a variety of blog posts about business topics related to your new company and challenges new business owners face.
EIN Responsible Party for a Business Entity
By
Brett Melson
Monday, May 1, 2023

When you apply for an EIN, also known as a Federal Tax ID Number, you will have to provide the IRS with what is known as a Responsible Party - an individual who manages, directs and/or controls the entity behind the EIN. Read our blog to learn more...
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Have You Lost Your EIN number?
By
Devin Scott
Tuesday, April 25, 2023

If you need to find your EIN number, also known as an Employer Identification Number or Federal Tax ID number, we recommend a few helpful avenues that can help you to avoid long waits...
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Right of First Refusal Versus Right of First Offer – The Difference Is Important
By
Jarrod Melson, Esq.
Tuesday, April 18, 2023

Learn about the difference between the Right of First Refusal and the Right of First Offer as well as the effect on the buyers & sellers after enacting either...
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Early-State Companies and Risks of a Founder’s Divorce: Love is a Battlefield
By
Jarrod Melson, Esq.
Tuesday, March 7, 2023

Divorce is brutal, even at its most amicable. Company founders need to consider the risks that a business owner’s divorce presents to the company. In this new blog, we present common-sense considerations to take into account and outline the steps to mitigate the risk to the business as much as possible...
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Unusual Questions from Our Clients
By
HBS
Tuesday, February 21, 2023

We communicate with our clients around the world frequently and our team is accustomed to fielding questions on all aspects of starting and maintaining a Delaware company. Still, there are the occasional questions that catch us off guard...
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Business Bank Accounts for Delaware Companies
By
Devin Scott
Tuesday, January 24, 2023

If you own a Delaware LLC or corporation, here’s what banks typically require in order to open a business bank account...
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Board Requirements for Seeking Expert Advice
By
Brett Melson
Monday, January 9, 2023

Directors often rely on experts in making decisions, to comply with their fiduciary duty of care in becoming adequately informed. This article discusses when a director may successfully claim reliance on experts in avoiding liability for a breach of his or her fiduciary duty of care...
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5 Key Attitudes for Entrepreneurial Success
By
Jeremy Reed
Tuesday, December 13, 2022

No entrepreneur succeeds in every business venture. Every successful entrepreneur fails at least once, if not twice.
How entrepreneurs learn from and utilize their failures, however, is what matters, because in entrepreneurship, attitude is everything. Here are five key attitudes every entrepreneur must conquer in order to run a prosperous business venture...
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What to Consider When Naming a Company
By
Andrew Millman
Monday, December 12, 2022

We can check the company name for any Delaware startup, and typically receive a definitive answer on whether or not it contains any restricted words and if the proposed company name will get approved by the Delaware Division of Corporations...
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The 15 Invaluable Laws Of Growth
By
Devin Scott
Tuesday, November 8, 2022

The 15 Invaluable Laws Of Growth by John C. Maxwell lists some of the most fundamental rules to help individuals & businesses reach their goals...
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