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
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
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
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
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
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
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
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
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
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
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
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
If you own a Delaware LLC or corporation, here’s what banks typically require in order to open a business bank account.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Harvard Business Services will prepare the application, send to you for signature, obtain the Certificate of Good Standing from Delaware and file the completed package with Iowa.... Continue Reading
Posted In: Compliance
The Millionaire Booklet: How to Get Super Rich by Grant Cardone describes the steps someone needs to take to become rich. Read our book review today.... Continue Reading
Posted In: Business Strategies