The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.
How to Create a Second Company with the Same Name
By
Justin Damiani
Tuesday, August 19, 2025
Say you have an active Delaware Limited Liability Company named Sports Apparel LLC, and would like to form a new Delaware Corporation. You can form the new corporation with the same basic name, such as Sports Apparel Inc., as long as you submit a consent form along with your filing of the new Certificate of Incorporation...
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What Does a Corporate Secretary Do?
By
HBS
Monday, August 18, 2025
Many people think a Corporate Secretary’s role is merely to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, it is nowhere near the entirety of this pivotal role...
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Do Corporate Bylaws Need to Be Signed? Here's What You Should Know
By
Brett Melson
Tuesday, August 12, 2025
Corporate bylaws are vital for outlining how a corporation operates, but they usually don’t need to be signed to be valid. Adoption by the board of directors—documented in meeting minutes or written consent—is typically enough. While some companies choose to sign bylaws for recordkeeping, most states don’t require it. The real priority is ensuring your bylaws are adopted, maintained, and followed...
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The Delaware Dynasty Trust
By
Rick Bell
Monday, August 11, 2025
The Delaware Dynasty Trust can help mitigate some of the taxes when someone passes on their assets to their heirs. Apply with a Delaware dynasty trust form...
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Finding a Tax Professional for Your Business
By
Justin Damiani
Tuesday, August 5, 2025
It’s important to note that a tax professional your company decides to work with does not have to be located inside Delaware. Whether your company decides to consult with an accountant or tax expert is entirely an internal decision...
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Payment Terms: Holdbacks, Escrows and Earnouts
By
Jarrod Melson, Esq.
Monday, August 4, 2025
Part IV of the Selling Your Small Business series of posts discusses three features relating to the payment of the purchase price for a business: holdbacks, escrows and earnouts...
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Subchapter S Tax Status for a Delaware Corporation or LLC
By
Brett Melson
Tuesday, July 29, 2025
Electing 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...
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Why Clients Want to Form a Delaware Public Benefit LLC
By
Justin Damiani
Monday, July 28, 2025
Clients form a Delaware Public Benefit LLC to offer a benefit to society while gaining profits. A Public Benefit LLC is ideal for the client who is interested in the custom management structure that a regular LLC provides, and whose company exists to provide a specific social good or benefit to the public and the community...
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Bylaws - More Important Than You Might Think
By
Brett Melson
Tuesday, July 22, 2025
Bylaws are rules set by a company to govern itself. Brett Melson discusses more about corporate bylaws, their function, and how they should be implemented...
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Exploring ROBS: A Financing Option for Entrepreneurs
By
Veso Ganev
Monday, July 21, 2025
Learn more about ROBS financing, which allows an individual to use their retirement funds to start a business without incurring any early withdrawal penalties...
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