What Is a Conformed Signature?
Monday, October 28, 2024
A conformed signature indicates that a real signature has been used on the original document. Oftentimes, business transactions are done by smartphone while on the go. Many people know already that Delaware will accept faxed and emailed copies of documents that require signatures.... Continue Reading
Posted In: The Delaware Advantage
Have You Lost Your EIN number?
Monday, October 14, 2024
If you need to find your EIN number, also known as an Employer Identification Number or Federal Tax ID number, we recommend a few helpful avenues that can help you to avoid long waits.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Change Your Company’s Number of Authorized Shares
Tuesday, October 8, 2024
The number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware.... Continue Reading
Posted In: About Corporations
Requirements for a Company Seal
Monday, May 20, 2024
Many 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.... Continue Reading
Posted In: Business Strategies
How to Register a Delaware Company in New York
Monday, April 22, 2024
If you want your Delaware company to operate in NY, you need to file for Foreign Qualification and keep your company compliant in both states.... Continue Reading
Posted In: Compliance
Book Review: $100M Offers by Alex Hormozi
Tuesday, February 27, 2024
Discover how Alex Hormozi, author of $100M Offers, built a $100M net worth by 32, sharing strategies for scaling businesses profitably. His book offers insights on making winning offers and the traits of successful leaders. A must-read for entrepreneurs seeking to grow without outside capital.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
What Is a Resale Certificate?
Monday, February 12, 2024
The 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.... Continue Reading
Posted In: Business Strategies
Book Review of “Today Matters” by John C. Maxwell
Tuesday, December 12, 2023
Read our review of “Today Matters” by John C. Maxwell. This book highlights the fundamental importance of living in the moment & making the most of each day.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
General Partnership vs Limited Partnership
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.... Continue Reading
Posted In: About LLCs
What is a Banking Resolution?
Monday, September 18, 2023
At the first meeting of the members (for an LLC) 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.... Continue Reading
Posted In: About Corporations
Winning With People by John C. Maxwell - Book Review
Tuesday, September 5, 2023
Managing relationships is important for both professional and personal growth. Read our book review of Winning With People by John C. Maxwell to learn more.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Mission Statement vs Benefit Statement
Monday, July 10, 2023
Both Public Benefit Corporations and Non-Profit Corporations require additional language on the Certificate of Incorporation, in the form of a Benefit Statement (for a Benefit Corporation) or a Mission Statement (for a Non-Profit Corporation). There are typically differences in the language in these two statements.... Continue Reading
Posted In: About Corporations
Advantages of a Delaware Close Corporation
Monday, June 26, 2023
A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause.... Continue Reading
Posted In: About Corporations
Virginia Registration for a Delaware LLC
Monday, April 10, 2023
Each state has different requirements for Foreign Qualification. Virginia, like most states, has an application process and a state fee for Virginia registration for a Delaware LLC. The state of Virginia also requires additional documentation from your Delaware LLC.... Continue Reading
Posted In: Compliance
Doing Business in Florida as a Foreign Corporation
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.... Continue Reading
Posted In: Compliance