Business Strategies

Learn how to incorporate your Delaware business as well as tips, suggestions and smart business ideas for you to utlize before and after incorporating a company in Delaware.

A Lesson on Corporate Governance By Brett Melson Tuesday, February 6, 2024 Corporate GovernanceDelaware's legal environment presents a balanced paradigm between business interests and shareholder rights, safeguarding the integrity of the corporate world. Delaware's recent Court of Chancery decision regarding Elon Musk and Tesla serves as an important case study for entrepreneurs, business owners, and legal professionals.. Read More
Subchapter S Tax Status for a Delaware Corporation or LLC By Brett Melson Tuesday, January 30, 2024 Subchapter SElecting Subchapter S Status for your corporation or LLC will allow your business to save money on taxes. Find out if your Delaware business is eligible... Read More
Director Compensation – Steps to Avoid Liability By Jarrod Melson, Esq. Monday, January 29, 2024 Board of Directors.Discover some of the rules & regulations of setting director compensation. Learn about how the financial interest of both the director & the board can be met... Read More
The Important Role of a Delaware Registered Agent By Brett Melson Tuesday, January 9, 2024 /blog/images/img/ImportanceofDERA.pngWhat is the role of a Registered Agent? Find out more about the key responsibilities of a Delaware Registered Agent and how they can help your business... Read More
Common Mistakes on the Delaware Annual Report By Jeremy Reed Tuesday, January 2, 2024 Common Mistakes on the Delaware Annual ReportIf 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... Read More
Why Convert Your Tax Status from S-Corp to C-Corp By Jeremy Reed Monday, November 13, 2023 why convert your status from s corp to c corpThe 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... Read More
Disadvantages & Hidden Costs of a Sole Proprietorship By HBS Monday, November 6, 2023 disadvantages to a sole proprietorshipTypically, a sole proprietorship makes you personally liable for all of your business debts and gets taxed at the personal (not corporate) tax rate. That's not all... Read More
Sample Stock Transfer Ledger By Justin Damiani Monday, October 30, 2023 Stock LedgerThe Stock Transfer Ledger is a very important item to update and maintain internally within your Corporation as it will document shares issued or transferred to your company’s shareholders. Free PDF download included... Read More
Foreign Qualification Common Mistakes By Andrew Millman Monday, October 16, 2023 Common MistakesForeign qualifying your business is tricky, but our team of professionals can help you avoid common mistakes in applying for foreign qualifications. Some of the most frequent foreign qualification errors include: delaying the process until the last minute, using the wrong title on the application, omitting information such as the address for one of the officers, directors, members, or managers, or failing to provide the appropriate accompanying documentation, such as a Certificate of Good Standing or a Certified Copy. At a time when nearly every single Secretary of States’ office in the US is experiencing some form of processing delay due to the pandemic, savvy owners are seeking professional support to ensure a timely and smooth filing process... Read More
Stuck With a Tie-Breaker Manager in an LLC By Jarrod Melson, Esq. Tuesday, October 10, 2023 tie breaker managerWhen a vote is split amongst LLC leadership, an LLC deadlock provision offers a solution via a tie-breaker manager. Learn more about the role & their removal... Read More