Archive for February, 2010

There’s Still Time to Become a S-Corp in 2010

If you’ve been following this blog or have ever incorporated a business then you probably already know about the S-Corporation or S-Corp, and the tremendous pass-through tax benefits associated with it.  If not, check out Background on S-Corporations for a quick crash course.  Though the concept is easy grasp, many fail to understand how a [...]

Posted by on Friday, February 26th, 2010
Posted in S-Corporation
Tags: ,



Five Green Business Trends for 2010

Here’s a great article from smallbusinesstrends.com with Five Green Business Trends for 2010, check it out. Below is an excerpt: Small businesses are no longer cutting edge by calling themselves “green.” Big corporations like Wal-Mart and Nike down to the corner café are cultivating a greener image as consumer demand for environmentally responsible products and [...]

Posted by on Friday, February 19th, 2010
Posted in Trend Report
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Par Value – How Low Can You Go?

When referring to shares of stock in a Delaware company, par value is the bottom or lowest limit set to the value of a share of stock in a corporation. A share may not be bought, sold or traded for less than the par value. Simply stated, if the par value of a share is [...]

Posted by on Wednesday, February 17th, 2010
Posted in INC Knowledge
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Can Non U.S. Clients Form Delaware LLCs? YES!

The Delaware Corporate law structure does not impose restrictions on foreign ownership or management, and it does not require a Delaware LLC to have any presence in Delaware except for a registered office and registered agent such as Harvard Business Services, Inc. The only document required to be filed in Delaware to create the LLC, [...]

Posted by on Tuesday, February 16th, 2010
Posted in INC Knowledge, Limited Liability Company, Q&A
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How to Grow a Small Business

Poder360.com has a fantastic article written by Elsie Morales on How to Grow a Small Business. Below is an excerpt: The evidence indicates that, while the corporate world continues to struggle, Americans are having more and more success finding their own solutions. According to the Kauffman Foundation’s most recent edition of their “Index of Entrepreneurial [...]

Posted by on Friday, February 12th, 2010
Posted in Articles of Interest
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The Entrepreneurial Island

I stumbled across this post at smallbizbee.com, I think it has some great tips on how to stay connected to entrepreneurial communities. Below is an excerpt: Running your own business can be a lonely affair at times, almost like being on your own island. Sure you’re surrounded by employees, vendors, and hopefully lots and lots [...]

Posted by on Wednesday, February 10th, 2010
Posted in Articles of Interest
Tags:



Job Seekers Start Their Own Businesses

Did you know that 8.6 percent of all job seekers in 2009 started their own business?! Check out this interesting article from the New York Times, below is an excerpt: Last year, more laid-off managers and executives grew tired of waiting for human resources departments to call them back. They took matters into their own [...]

Posted by on Tuesday, February 9th, 2010
Posted in Articles of Interest
Tags: ,



A Night at the Movies

Check out the trailer for this movie, Extraordinary Measures. It’s about a dad who risks everything to form a bio-tech company focused on developing a life-saving drug to cure his kids fatal illness. It demonstrates that when you are an entrepreneur and have passion attached to what you do, nothing can stop you!

Posted by on Monday, February 8th, 2010
Posted in Videos of Interest
Tags:



Delaware LLC Agreements – Get it in Writing!

Back in October, 2009 we discussed how the LLC is owned, operated and maintained in a post titled 101 on an LLC Agreement. Many clients have come to us with questions and are curious about the fact that Delaware LLC law provides for an oral LLC agreement. The Delaware Supreme Court recently issued a decision [...]

Posted by on Thursday, February 4th, 2010
Posted in INC Knowledge, Limited Liability Company
Tags: ,



Toyota and Tylenol

If corporate crises were a game, the Toyota safety recall would be a Superbowl contender. Toyota Motors is a company that heavily promotes its engineering innovation, production quality and service reliability.  In a haymaker blow to Toyota’s reputation, the company suspended production and sales of eight of its most popular models — including America’s (previously) [...]

Posted by on Wednesday, February 3rd, 2010
Posted in Essays
Tags: , , ,



LLC vs Corporation Video

Check out our video on LLCs vs Corporations!

Posted by on Tuesday, February 2nd, 2010
Posted in Videos of Interest
Tags: , ,



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