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not-for-profit vs. non-profit corporation

The Difference Between a Non-Profit and a Not-for-Profit Corporation

A question we often get from those starting a business with a philanthropic mission is: what's the difference between a non-profit and a not-for-profit company?

These terms are often used interchangeably but should not necessarily be. There are many similarities between the two types of entities but there are a few key differences.

Let's take a look at...

how to close your Delaware corporation or LLC - closing your business

Closing Your Business – What You Need to Know

Businesses close for many reasons, and business owners can understandably become overwhelmed with everything involved in winding up a company.

But, just as a legal filing is required to start your corporation or LLC, you must file a document with your state of jurisdiction to formally dissolve that entity.

Although you may believe it is easier to simply let the...

best podcast for small business owners - best podcasts for entrepreneurs

The Best Podcast for Small Business Owners in 2018

Five years ago the world of podcasts was much smaller than it is now. Ten years ago, many Americans hadn't even heard of a podcast.

In 2005 Apple's Podcast app made its first appearance on the iPhone OS. Today Apple Podcasts hosts more than 550,000 shows and over 18.5 million individual episodes, as Apple confirmed at WWDC in...

what to do after you start a business - tips for starting your own business

You Officially Started a Business. Now What?

You did it. You finally formed the business you'd been dreaming about for ages. Congratulations!

If you've already formed your LLC, corporation, or non-profit, we're going to assume you've done your research, made a business plan (here's a great guide to business plans from Entrepreneur if you need a little help there), and determined how you'll finance your new...

how corporate compliance saves you money

How Corporate Tax and Report Compliance Saves You Money and Time

Let’s face it, it’s hard to shell out the fees and taxes required to maintain your company’s corporate status. But if you do the analysis, you will find that maintaining compliance actually saves you money.

Here’s how maintaining compliance saves you money:

Delaware Annual Franchise Report filing and tax fees are currently $225.00 for those corporations with less than...