About LLCs
The LLC is the most popular type of Delaware business formation. In these blogs, we examine all aspects of LLCs, including LLC Operating Agreements.
LLC Transfer of Interests
By
Brett Melson
Monday, September 30, 2024
In Delaware, the LLC Operating Agreement spells out all conditions of future sales or transfers. Traditionally, the LLC Operating agreement is amended internally within the LLC only...
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Converting an LLC to a Series LLC
By
Brett Melson
Monday, September 23, 2024
It's possible to convert an LLC to a series LLC. Here's how the process works & when/why you should consider this change. | File a Delaware LLC today...
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Operating Multiple Businesses Under One LLC
By
HBS
Monday, September 16, 2024
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...
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Managing Ownership Changes for Your Delaware LLC
By
Brett Melson
Tuesday, August 6, 2024
Change of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. However, not in the state of Delaware. Unlike other states, Delaware requires very little information to be made public in order to form an LLC...
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Delaware LLC Ownership Units
By
Andrew Millman
Monday, July 15, 2024
One of the key components of the Delaware LLC that makes it so popular is that the ownership, membership, management and operations of the LLC are all handled internally, via the LLC Operating Agreement...
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What Does an LLC Operating Agreement Do?
By
Andrew Millman
Tuesday, July 9, 2024
An LLC Operating Agreement covers many aspects of the LLCs structure, including ownership, membership, management, day-to-day responsibilities and more. Learn more about this important document and what aspects of the LLC it governs...
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LLC Tax Status Options
By
Brett Melson
Monday, July 1, 2024
An LLC offers the limited liability of a corporation and flexible taxation. To file and form both an LLC requires little to no personal information, and Harvard Business Services makes the process simple and convenient. In this article, learn about LLC taxation options including: Disregarded Entity Status, the Partnership Tax, and S-Corp Election..
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Preserving Family Business Ownership with a Delaware LLC
By
Brett Melson
Monday, May 13, 2024
A Delaware LLC can be very flexible when it comes to preserving ownership in the family business you've worked so hard to create. In fact, an LLC has the potential to preserve ownership for future decades...
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LLC Change of Ownership Checklist
By
Brett Melson
Tuesday, April 23, 2024
Members of an LLC may change the LLC’s ownership and the terms governing its management and operation by amending its operating agreement. Here are five parties you’ll want to inform when you do so to avoid putting your company at any undue risk...
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Delaware Timetable for Canceling Your LLC
By
HBS
Monday, February 19, 2024
If you have stopped using one of your LLCs and it’s time to close it, here is the Delaware timetable. Whether the company didn’t turn out as planned or you feel the company has run its course and it’s time to shut down, Harvard Business Services, Inc. is here to assist with any cancellation needs...
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