Delaware Court of Chancery gavel laying on a notebook B Corp

What Is a Certified B Corporation?

What Is a Certified B Corporation? Certified B Corporations are for-profit entities that exhibit world-class standards for sustainability, transparency and accountability. These standards are audited periodically by the independent industry standard organization, B Lab.  B Corp Certification can be likened to Fairtrade or USDA organic certification for products such as bananas or milk. The difference […]

By Matthew Dochnal March 31, 2025
Delaware small business women working with clothing LLC

Watch Out For This Vulnerability When Forming A Florida LLC

Most states do not limit a creditor of an LLC Member to a charging order. In fact, most states are not very friendly to creditor rights. That is why entrepreneurs should “forum shop” for the most business-friendly state when starting an LLC. It may be convenient to form a Florida LLC as a single owner, […]

By John Williams August 9, 2024
man and woman forming a Delaware company online Asset Protection

What Is A Subsidiary Company?

What Is A Subsidiary Company? A “subsidiary company” refers to a business that is wholly or majority owned by another company. The company that owns a subsidiary is often called a “parent” or “holding” company. A subsidiary company is typically a separate business with its own team in charge of daily operations. However, the parent […]

By Matthew Dochnal July 8, 2024
Delaware Court of Chancery gavel laying on a notebook Delaware LLC

Why Solar Companies Should Form Delaware LLCs

What Benefits Are There to Solar Companies Forming a Delaware LLC? Delaware LLCs provide real legal benefits to all types of businesses, including solar companies. Here are the top five benefits of Delaware LLCs for solar businesses: Benefit #1: Limited Liability Protection Delaware LLCs offer limited liability protection, which shields business owners’ personal assets from […]

By Matthew Dochnal May 28, 2024
stack of Delaware company documents Delaware LLC

Can A Green Card Holder Set Up A Delaware LLC?

  How To Form A Delaware LLC As A Green Card Holder U.S. green card holders enjoy the same rights and privileges as US citizens when it comes to starting and operating businesses in the United States. The process of setting up a Delaware LLC is identical for green card holders and US citizens alike. […]

By Matthew Dochnal May 10, 2024
man looking at a clipboard of Delaware company documents LLC

How Are LLCs Managed? Member-Managed vs. Manager-Managed

  What Is a Member-Managed LLC? In a Member-Managed LLC, all of the Members are involved in running the business. So, the Members are both the owners and the Managers of the company. In a Member-Managed LLC, each Member can: Sign contracts for the company; Hire employees; and, Make decisions about the company’s direction. What […]

By Matthew Dochnal April 24, 2024
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