LLC

Do LLCs Have Stock or Shareholders?

By IncNow April 3, 2025

We often get questions about LLC stockholders, bylaws, stock certificates, directors, minutes and sometimes a Limited Liability “Corporation.” It’s understandable to have questions about how LLCs are structured and operate. Here’s what you need to know. Are there shareholders in an LLC? Limited Liability Companies do not have stock or bylaws. In fact, LLCs have […]

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What Is a Certified B Corporation?

By Matthew Dochnal March 31, 2025

You may have seen the “Circle B” logo, but what does it mean? The logo can only be displayed by a Certified B Corporation. These are companies that have achieved a minimum score on an evaluation of their corporate governance, community, employee, and environmental benefits. Here’s what you need to know about this entity. What […]

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Do LLCs Have Stock or Shareholders?

By IncNow January 27, 2025

We often get questions about LLC stockholders, bylaws, stock certificates, directors, minutes and sometimes a Limited Liability “Corporation.” It’s understandable to have questions about how LLCs are structured and operate. Here’s what you need to know. Do LLCs have stock? Typically, “stock” is not the term used for LLC ownership shares. In most LLCs, the […]

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Watch Out For This Vulnerability When Forming A Florida LLC

By John Williams August 9, 2024

Before doing business or owning assets through a single-member Florida LLC, you should consider either adding a nominal partner or using a Delaware single-member LLC instead. Florida is the most popular state for business formation. Florida has more active business entities than even the state of Delaware. More than 2.6 million entities are active in […]

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What Is A Subsidiary Company?

By Matthew Dochnal July 8, 2024
Google headquarters with statue in front

The term “subsidiary” is used often in business, however, you might not know exactly what it means. Subsidiaries are an important part of the legal structure of nearly every large company. In this article, we discuss what subsidiary companies are, how they are used, and the best way to structure them.    What Is A […]

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Why Solar Companies Should Form Delaware LLCs

By Matthew Dochnal May 28, 2024
solar energy

The solar energy industry has been experiencing remarkable growth, driven by increasing demand for renewable energy solutions. As solar companies expand and navigate the complexities of the market, selecting the right business structure becomes a crucial decision.  Forming a Delaware Limited Liability Company (LLC) offers many benefits for solar companies. This article explores why Delaware […]

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LLC Members and Managers: Who Are LLC Owners?

By Matthew Dochnal
two small business owners opening a cafe

Who owns and manages an LLC? If you’re thinking about setting up a Limited Liability Company (LLC), it’s helpful to understand the roles of LLC owners and how they’re involved in managing the business. LLCs offer the flexibility to create unique management structures, pick officer titles, distribute management responsibilities, and outline ownership interest. In this […]

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What Is An LLC Holding Company?

By Matthew Dochnal May 17, 2024

As a business owner or entrepreneur, you may have come across the term “holding company.” Holding companies are a type of legal structure utilized by businesses across various industries. When set up correctly, a holding company can offer unique legal protections that a single business entity cannot achieve. Many well-known corporations use holding companies as […]

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Can A Green Card Holder Set Up A Delaware LLC?

By Matthew Dochnal May 10, 2024
United States green card

Permanent residents of the United States, including US green card holders, can start businesses and form LLCs in Delaware. In fact, individuals from nearly any country worldwide (with the exception of restricted countries) are eligible to establish a Delaware LLC.  If you’re a permanent resident aspiring to achieve the American Dream, creating an LLC for […]

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

By Matthew Dochnal April 24, 2024
small business owner packing boxes

Limited Liability Companies (LLCs) are a popular entity choice for business owners because they’re easy to manage. But did you know that even within LLCs, there are different management structures to consider?  In this article, we dive deep into the two types of management structures for LLCs: Member-Managed LLCs and Manager-Managed LLCs.      What […]

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What Does “Good Standing” In Delaware Mean?

By Matthew Dochnal April 3, 2024
good standing compliance

After forming a Delaware LLC or corporation, many business owners wonder, “What’s next?” One crucial part of running a business is maintaining your company’s good standing status. In this article, we delve into what good standing means and guide you on how to maintain your company’s good standing status in Delaware. We also discuss how […]

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What Is A Registered Agent For An LLC?

By Matthew Dochnal March 29, 2024

Setting up a limited liability company (LLC) is a big first step towards starting or growing your business. But it takes more than just deciding on a company name to get your LLC off the ground. One essential legal requirement is appointing a Registered Agent for your company. In this article, what breakdown of the […]

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Can I Start More Than One LLC?

By Matthew Dochnal November 2, 2023
company organizational chart

Have you ever wondered if it’s a good idea to start more than one LLC? Well, you’re not alone. Many business owners consider setting up multiple limited liability companies, and there are plenty of reasons why. It’s like having different baskets for your eggs – it can keep them safe. But forming LLCs is not […]

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Does an LLC Need a President?

By Matthew Dochnal October 16, 2023

Limited liability companies, or LLCs are the most popular business entity type for entrepreneurs. Small business owners prefer LLCs due to their flexibility and simplicity. Unlike corporations, the structure of LLCs does not come with strict requirements. LLC owners are free to run their company the way that they see best. This flexibility however often […]

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