Most Popular Blogs
5 Key Attitudes for Entrepreneurial Success
By
Jeremy Reed
Tuesday, May 7, 2024

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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Delaware Blank Check Preferred Stock
By
Rick Bell
Monday, April 29, 2024

Every 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...
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General Partnership vs Limited Partnership
By
Devin Scott
Monday, December 4, 2023

When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership...
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What is a Banking Resolution?
By
Devin Scott
Monday, September 18, 2023

At the first meeting of the members (for an 91大神) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included.
Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting...
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What is a DBA, or Doing Business As? Understanding Assumed Business Names
By
Andrew Millman
Tuesday, June 27, 2023

Business owners often choose to operate under multiple, different names for a number of different ventures. For example, ABC Company, Inc. may find the need to set up multiple, different DBAs using the names XYZ Landscaping, Inc. and 123 Construction, Inc...
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What Is the Delaware Court of Chancery?
By
Jeremy Reed
Monday, June 19, 2023

The Delaware Court of Chancery has a long history deciding on equity and fairness between parties.
The tiny coastal state of Delaware is widely recognized as the best state in which to form a company, not only in the United States but throughout the world. One of the key reasons for this is the Delaware Court of Chancery...
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What Happens when You Don鈥檛 Pay Your Franchise Tax?
By
Andrew Millman
Monday, February 13, 2023

If you miss a Franchise Tax payment for your Delaware company, this will always be on the record with the Delaware Division of Corporations, even if you pay all the past due Franchise Tax and bring the company back into good standing...
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Doing Business in Florida as a Foreign Corporation
By
Devin Scott
Monday, January 30, 2023

Foreign Qualification is the manner in which Florida grants you permission to operate your Delaware corporation there. It is a very important step that is sometimes forgotten, but if you fail to comply with Florida's local compliance regulations, you may be putting yourself and your company at risk...
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Business Bank Accounts for Delaware Companies
By
Devin Scott
Tuesday, January 24, 2023

If you own a Delaware 91大神 or corporation, here鈥檚 what banks typically require in order to open a business bank account...
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Why Do So Many Companies Incorporate in Delaware?
By
Rick Bell
Monday, October 10, 2022
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You do not need to visit Delaware in order to form a business in the state. Delaware's Division of Corporations is the best in the world at processing business formation filings quickly, and it encourages entrepreneurs from across the country and around the world to form their businesses here...
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