Archive for March, 2011
Q & A: How Much You Are Paying For Registered Agent Service?
In assisting clients with changing their registered agent service to Harvard Business Services, we sometimes hear stories about what our competitors are charging. I recently had a business owner say that he has been paying a registered agent payment of $250/year for at least 3 years now and has not known about it. It seems [...]
Posted by Devin Scott on Wednesday, March 30th, 2011Posted in Change of Agent, Registered Agent
Tags: Change of Registered Agent, Registered Agent
Meet the HBS Team: Paul Sponaugle, IT/Systems Administrator
Paul is currently an IT/Systems Administrator for HBS, but was a part of the Sales team for 4 years before assuming his more recent role. Born and raised in the coastal resort area Sussex County, DE, Paul is the son of locally well-known restaurateurs who taught him very early in life the value of hard [...]
Posted by Carleigh Lowe on Tuesday, March 29th, 2011Posted in HBS Announcements
Tags: HBS Announcements
Q & A: What is Foreign About Foreign Qualification?
Harvard Business Services, Inc. began offering compliance services in other states about two years ago. We have found that there is not a great deal of recognition or understanding with regard to Foreign Qualification for Inc.’s and LLC’s in those states outside of Delaware. In fact, most clients express complete shock at the term “foreign” [...]
Posted by David Zeigler on Monday, March 28th, 2011Posted in Q&A
Tags: Foreign Qualification
The Corporation Franchise Tax Season is Officially Over
The Corporation Franchise Tax season is officially over and if you have not paid your 2010 Franchise Tax by now the State of Delaware has assessed a $125 late penalty plus interest. If you are not sure if you have paid the 2010 Franchise Tax visit our helpful websites; www.delawareinc.com/payft or www.payfranchisetax.com. If the 2010 [...]
Posted by Michael Bell on Wednesday, March 23rd, 2011Posted in Delaware, Franchise Tax, HBS Announcements
Tags: Delaware, Franchise Tax, HBS Announcements
101: How to Write a Press Release
How to Write a Press Release in 30-minutes Most entrepreneurs don’t start out with a full public relations department. In fact, most entrepreneurs are their own public relations department in the beginning. They identify their company’s news, create a media contact list, and write and send press releases. This post focuses on how to write [...]
Posted by Christina Cornelius on Tuesday, March 22nd, 2011Posted in 101
Tags: 101, Press Release
Meet the HBS Team: Sasha Hirenko, IT/Software Development Specialist
Before coming to the U.S., Sasha studied International Economic Relations in Europe. However, after moving to the Eastern shore, she decided to pursue education in information technology field that always interested her. After graduating with a Bachelor’s of Science Degree in Management Information Systems with Honors from American Sentinel University, Sasha joined HBS team in August [...]
Posted by Carleigh Lowe on Monday, March 21st, 2011Posted in HBS Announcements
Tags: HBS Announcements
101: What is a Resale Certificate?
We often get this question. “What is a resale certificate… and, do I need one?” The purpose of a resale certificate is to allow you to buy goods through your business without paying local sales tax. When doing this, it is your responsibility to collect the tax from the customer when you sell the item. [...]
Posted by Devin Scott on Tuesday, March 15th, 2011Posted in 101
Tags: 101, Resale Certificate
5 Questions to Ask Yourself Before Starting Your Own Business
Will 2011 be the year that you start you own business? Do you have what it takes to make your business dream come true? It may be unwise to start down a path of entrepreneurship unless you possess both the enthusiasm and the zeal to keep moving forward. Starting a business is a lot like [...]
Posted by David Zeigler on Monday, March 14th, 2011Posted in INC Knowledge
Tags: INC Knowledge
Converting an LLC to a Series LLC
The most popular type of company formation in Delaware is, by far, the LLC. The Delaware Legislature created the LLC business form to give maximum effect to the members’ freedom to contract with one another upon whatever terms they deem best suited to their circumstances and goals. In a corporation, for example, Delaware law requires [...]
Posted by Brett Melson on Wednesday, March 9th, 2011Posted in Delaware, Limited Liability Company, Series LLC
Tags: Delaware, Limited Liability Company, Series LLC
Update on 1099 Tax Reporting Law Status
Small businesses around the country have been worried about the massive paperwork burden included within the Healthcare bill passed last year. The new law, which takes effect January 1, 2012, requires them to provide 1099 forms to every person or business with which they spend $600 or more each year. (For more information on this [...]
Posted by Brett Melson on Monday, March 7th, 2011Posted in Articles of Interest
Tags: News, Small Business, Taxes
HBS Video Series Featured in the Cape Gazette
Check out the article below in the Cape Gazette featuring HBS’s Video Series: Harvard Business Services announces the release of a video series for entrepreneurs seeking information about forming a company in Delaware. “We at HBS [Harvard Business Services] have a long tradition of guiding entrepreneurs through what can sometimes be a daunting process of [...]
Posted by Carleigh Lowe on Friday, March 4th, 2011Posted in HBS Announcements
Tags: HBS Announcements
Ideas for Brainstorming Names for Your Company
While you could spend up to $80,000 to hire a firm to generate a name for your company, you can also rely on good old-fashioned, cost-effective brainstorming. But, how do you create the best name for your company without a branding specialist? One way to begin is to turn three simple, but powerful words into [...]
Posted by Christina Cornelius on Wednesday, March 2nd, 2011Posted in INC Knowledge
Tags: Business Tips, Company Name
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