All corporations incorporated in the State of Delaware are required to file an Annual Report and to pay a franchise tax. Most other states have similar requirements
Many of our clients approach us with some variation of “We want to be a B Corp.” What does that mean exactly? The term “B Corp” is often used interchangeably…
Departing Directors Board members tend to stay with companies for a relatively long time, but, like employees, sometimes it makes sense for a board member to leave. Here is what I…
An earlier version of this post originally appeared on In The (Red): The Business Bankruptcy Blog, which I created for CEOs, CFOs, boards of directors, credit professionals, in-house counsel and others to…
In years past, a private company stockholder would have expected to wait until the company went public or was acquired to receive any return on investment. However, over the last…
Once you have decided to seek a listing of your company’s shares by way of an initial public offering (“IPO”), perhaps to raise additional capital for growth or to reduce…
Many thanks to Al Browne for his contributions to this article. Whether you are a founder or venture investor sitting on the board of a portfolio company, you have fiduciary duties to…
An earlier version of this post originally appeared on Bob’s blog In The (Red)® – The Business Bankruptcy Blog An Overview Of The Formal Corporate Wind Down If a corporation’s…
The US Government is the single largest purchaser of goods and services in the world, and its annual goal is to award 23% of its prime contract dollars to small…
All Delaware corporations have to pay an annual franchise tax to the state. If you’ve received a notice from the State of Delaware saying that your small startup owes tens…
For a general overview of the different types of business entities, see my other article Choosing the Correct Business Entity: The Basics. For a quick reference, see also the chart in our article Comparison…
1. Advisors Choose experienced advisors early, including attorneys and auditors. Advisors who work with the SEC and investment bankers regularly will expedite the process and help avoid glitches and delays…
Entrepreneurs are used to juggling many roles on their way to building a great company –you’re a founder, employee, director and officer. When you’re wearing the director “hat” for a…
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