Most Popular Blogs
What is a Delaware Statutory Trust? By Rick Bell Monday, February 17, 2025 Delaware statutory trustDelaware is one of the few states in America to have a statutory trust law. Most states still rely upon common law trusts, which have many outdated rules that can create uncertainty about a number of legal aspects of the trust... Read More
Your Effective Date Affects Your Franchise Tax By Andrew Millman Tuesday, November 5, 2024 The State of Delaware is now accepting future effective dates for Incorporating your business. Learn more on how you can request a future Effective date in 2022 to save on the annual Delaware Franchise Tax... Read More
Can You Have Multiple Businesses Under One LLC? By Rick Bell Monday, September 16, 2024 Can I operate multiple businesses under one LLC?It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name... Read More
Business Terms for Delaware Companies By Andrew Millman Monday, September 9, 2024 Business Terms for Delaware CompaniesIf you own a Delaware company, there are several business terms you should be familiar with so you understand all your company’s important documents and dates... Read More
What Is a Resale Certificate? By Devin Scott Sunday, August 4, 2024 what is a resale certificateThe purpose of a resale certificate--also known as a tax exemption certificate--is to allow you to buy goods through your business without paying local sales tax... Read More
Is Reserving a Company Name Necessary? By Justin Damiani Tuesday, June 18, 2024 Is reserving a company name required? New business owners can put their preferred business name on hold if they need to delay the formation process... Read More
Is an LLC a corporation? What's the Difference? By Rick Bell Monday, May 27, 2024 is an llc a corporationWhy 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
Requirements for a Company Seal By Devin Scott Monday, May 20, 2024 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
5 Key Attitudes for Entrepreneurial Success By Jeremy Reed Tuesday, May 7, 2024 attitudes for entrepreneurial successNo 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... Read More
Delaware Blank Check Preferred Stock By Rick Bell Monday, April 29, 2024 delaware blank check preferred stockEvery Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More