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.
Delaware Eases Conversion to a Public Benefit Corporation
Monday, July 27, 2020
This post describes the amended provisions of Delaware Corporate Law relating to the conversion of a corporation to a public benefit corporation. The Amendment removed or amended two of the biggest roadblocks to such a conversion... Read More
When Is a “Doing Business As” Name Required?
Monday, July 13, 2020
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... Read More
Why Aren’t There Any Free Company Registration Services?
Monday, June 1, 2020
When beginning the formation process to form a new Delaware company, it’s important to note that there are always state-imposed registration fees involved with the registration of a Delaware company, so the process cannot be completed for free... Read More
How to Protect Your App Idea Legally
Tuesday, May 26, 2020
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... Read More
Book Review: The Startup Checklist, by David S. Rose
Monday, May 18, 2020
Like a personal mentor and guide for your business startup, this book details the steps you need to take to create a business unicorn... Read More
4 Things to Know about Corporate Bylaws [Free Template]
Tuesday, May 12, 2020
Corporate bylaws provide the granular detail into how the corporation will operate and what its governance mechanics will be. They also describe the relationship among its Board of Directors, its officers and its shareholders... Read More
Finding Angel Investors for Your Company
Monday, May 11, 2020
Angel groups need applicants that suit their investment criteria. Still, they turn down a majority of applicants because they get so many. Nobody will be turned on by your claiming to be the next Amazon or Facebook. Be confident and direct... Read More
The Delaware Dynasty Trust: Another Delaware Advantage
Tuesday, April 14, 2020
Setting up a Delaware Dynasty Trust is something you should not attempt without top-tier legal advice. Since the purpose is mainly to protect the breakup of your interest in your company, you’ll want it to outlast legal challenges long after you’re gone... Read More
EIN Issuance – Coronavirus-Related Delays and Issues
Monday, April 13, 2020
With very few exceptions, anyone forming a U.S. business should obtain an EIN by applying with the IRS. A newly formed business needs an EIN to open bank accounts, take out loans, hire employees, and pay taxes, among other things... Read More
Does the IRS Make Company and Tax ID Information Public?
Monday, March 23, 2020
The IRS releases very little information to the public and takes privacy and confidentiality of personal and business tax-related info very seriously. Only a Responsible Party, an officer of a corporation, partner in a partnership, or general partner of a limited partnership can call the IRS and retrieve an EIN... Read More