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.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
If you don’t properly fill out the Delaware Annual Report, it may face scrutiny. Read about the most common mistakes on the Delaware Annual Report.... Continue Reading
Posted In: Business Strategies
The most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income.... Continue Reading
Posted In: Business Strategies
Learn about the benefits of becoming certified as a veteran small business owner. Sign up online with the Small Business Administration as a VOSB today.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
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.... Continue Reading
Posted In: The Delaware Advantage
Once you have set up a Delaware Exempt corporation—also known as a non-profit corporation—you will need to file an application for non-profit status with the IRS. Part of your application should include your non-profit corporation’s mission statement. The mission statement is generally a statement of what your organization wants and aims to accomplish.... Continue Reading
Posted In: Business Strategies
The corporate veil is essentially the concept that maintains corporate law throughout the world. Without the ability to act as its own entity, how else could companies transact business?... Continue Reading
Posted In: The Delaware Advantage
Some corporation owners do not want to pay the expense of filing a Certificate of Dissolution. There is an alternative to dissolving your corporation via Certificate of Dissolution—you can tell your Registered Agent to resign as the agent with the state.... Continue Reading
Posted In: Business Strategies
Delaware law requires every corporation to hold an annual shareholders meeting at least once every 13 months. Generally, the date of the annual meeting is contained in the bylaws of the corporation. A meeting must be held, regardless of the number of shareholders in the corporation.... Continue Reading
Posted In: About Corporations
If you would like to operate your Delaware LLC in the state of New York, you can easily do so after you file for Foreign Qualification. Foreign Qualification is the process in which the New York Department of State gives your Delaware LLC permission to legally operate in that state.... Continue Reading
Posted In: About LLCs
Merchant services have become increasingly important for start-ups in the information age. In the past, start-ups would market their product or services in their local area and many accepted only cash or checks for payment.... Continue Reading
Posted In: Business Strategies
The bill allows qualified veterans to use the skills learned and work ethic gained while serving our country in order to start a new business and further strengthen our communities nationwide.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Got a great idea for an app or startup but nowhere near enough money to get started? Consider a crowdfunding platform.... Continue Reading
Posted In: Business Strategies