Archive for April, 2011

101: Using “School” or “College” in Your Company Name

In forming companies every day, we sometimes get clients who are starting some type of school or educational institution. If you would like to use the word school or college in your company name, there are some additional requirements. Typically, we will check a company name for our client in about 5 seconds, and then [...]

Posted by Devin Scott on Wednesday, April 27th, 2011
Posted in 101, Delaware
Tags: 101, College, Delaware, School

Trend Report: Young Entrepreneurs on the Rise

Check out these statistics reported on Fox News about young entrepeneurs being on the increase. 1.  Labor department statistic says unemployment rates have doubled among college graduates. 2. Job offers to college graduates have dropped 20% from 2008 to 2009. 3. More  college grads are going into business for themselves and are willing to take [...]

Posted by Carleigh Lowe on Tuesday, April 26th, 2011
Posted in Trend Report
Tags: Entrepreneur, Small Business, Trend Report

United States Chamber Institute for Legal Reform Ranks Delaware #1

For the past nine years the U.S. Chamber of Commerce has ranked the 50 states’ liability systems and corporate law structure as a whole.  Delaware is unique in that it ranks #1 for the ninth year in a row in a survey generated by the United States Chamber Institute for Legal Reform.  The survey polled [...]

Posted by Brett Melson on Wednesday, April 20th, 2011
Posted in Articles of Interest, Delaware
Tags: Delaware, Law

FAQ: Certificate of Good Standing

Every day, we hear from clients who need a “Certificate of Good Standing” wondering where they can obtain one. This certified document, which is produced by the Delaware Secretary of State’s Office, is required for real estate closings, IRS matters, and accounting and legal matters. Sometimes it’s called a “Certificate of Status” in some states. [...]

Posted by Michael Bell on Tuesday, April 19th, 2011
Posted in Delaware, Q&A
Tags: Certificate of Good Standing, Delaware

Create a Funding Campaign

Do you have a great idea but you don’t have money to fund it? Then check out IndieGGo, it is a great website that provides a forum for people with dreams like starting their own business. You can easily create a funding campaign to raise money quickly and securely by tapping into your network of supporters [...]

Posted by Carleigh Lowe on Monday, April 18th, 2011
Posted in Capital
Tags: Capital

Raising Capital: Final Installment

As we noted in our previous posts on raising capital, under federal law, any offer of securities must either be registered under the Securities Act of 1933 (the “1933 Act”) or qualify for an exemption from registration.  A registered offering under the 1933 Act is extremely time consuming and expensive, and generally occurs only once [...]

Posted by Brett Melson on Wednesday, April 13th, 2011
Posted in Capital
Tags: Capital

How to Make a Small Business Seem Bigger

You know what they always say…fake it till you make it! Check out this article from The New York Times regarding how to make a small business seem bigger. There are some great resources and tools in this article. Below is an excerpt: People who run a business alone often want it to appear bigger [...]

Posted by Carleigh Lowe on Monday, April 11th, 2011
Posted in Articles of Interest
Tags: Articles of Interest, Small Business

Senate Passes Repeal of 1099 Reporting Rule for Small Businesses

On Tuesday April 5, 2011 the Senate voted overwhelmingly to repeal a provision of last year’s health care act that would have required small businesses to submit a Form 1099 for every vendor that received payments of $600 or more a year. Democrats and Republicans agreed that the new reporting requirement would be too expensive [...]

Posted by Carleigh Lowe on Thursday, April 7th, 2011
Posted in Articles of Interest
Tags: Articles of Interest, News, Small Business, Taxes

Top Ten List: Things the Best Leaders Believe

Check out these 10 things the best leaders believe. Pulled from the book, 50 Lessons for Leading For Those With Little Time For Reading. “Leadership is reading between the lines while others only skim the pages.” “Leadership is more about questions than answers.” “Leadership is passing the ball when you want to take the shot.” [...]

Posted by Carleigh Lowe on Tuesday, April 5th, 2011
Posted in Books of Interest, Top Ten Lists
Tags: Books, Top Ten List

Videos: Inspiring Entrepreneurial Stories on Television

Entrepreneurial ideas must be in the zeitgeist, check out these tv shows that will inspire you. Our new favorite show at Harvard Business Services is Shark Tank on ABC, see the video below to check out a preview of Season 2. Check out this clip below from the show, How I Made My Millions on CNBC. [...]

Posted by Carleigh Lowe on Monday, April 4th, 2011
Posted in Videos of Interest
Tags: Entrepreneur, Videos of Interest