Archive for April, 2012

Report of Foreign Bank and Financial Accounts (FBAR)

Due to new regulations of the Bank Secrecy Act, U.S. entities with any influence over a financial account located outside of the United States with a balance exceeding $10,000 will be required to report annually with the U.S. Treasury Department by filing form TD F 90-22.1 (FBAR). The FBAR reporting requirement includes all U.S. LLCs [...]

Posted by on Monday, April 30th, 2012
Posted in HBS Announcements
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Delaware Corporate Law App

It keeps getting easier to do business in Delaware!  More than 800 business leaders and attorneys have downloaded the free eDelaware app, allowing immediate access to legal statutes of Delaware corporate and alternative law.  Users of the Blackberry, iPhone and iPad will have full access to Article 8 and Article 9 of the Uniform Commercial [...]

Posted by on Wednesday, April 25th, 2012
Posted in Delaware
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101: Applicant Tracking

I know what happens. You post a new job and you get about a hundred resumes in response. They all start looking the same, they pile up in your email folders or a Google Doc, and you don’t respond to the majority of them. You probably miss the few excellent ones. It can all be [...]

Posted by on Tuesday, April 24th, 2012
Posted in 101, Human Resources
Tags: ,



Name Reservation-Worth the $75 or Not Needed?

We often have clients call in to have us form and file their company with Delaware who have already reserved the company name with Delaware Division of Corporations.  They went to the state’s website, paid $75, and received a receipt stating that the name is reserved.  This step is often not needed.  At Harvard Business [...]

Posted by on Monday, April 23rd, 2012
Posted in Delaware, INC Knowledge
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Return On Investment of Perks

As a successful entrepreneur, if you run a stable company with a decent profit, you should consider going out of your way right now to pamper your employees in some meaningful way. You need to be considering things like Aeron™ Chairs, their choice of great computers, snacks, fruit, meals, fitness programs, game rooms, lounge areas, [...]

Posted by on Wednesday, April 18th, 2012
Posted in Human Resources
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Privacy in Delaware: What’s on Record?

Many clients who form an LLC or Corporation in Delaware want to know exactly what information is private and what is public. So here we’re going to spell out the details about the most common question we encounter: “What’s on the public record?” The highest level of confidentiality comes with a Delaware LLC filed through [...]

Posted by on Tuesday, April 17th, 2012
Posted in Delaware, INC Knowledge
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Delaware in the News

Check out these recent articles regarding Delaware business happenings… Read about this case being held in Delaware, a family finds and old stock certificate, says Coke owes them $130 million! Check out this article about six states where taxes are soaring, Delaware is among them.    

Posted by on Monday, April 16th, 2012
Posted in Articles of Interest, Delaware in the News
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History of Silicon Valley on NPR

NPR is doing a series on the history of Silicon Valley and it is really interesting. Check out this timeline, it showcases the key moments that shaped Silicon Valley. Then be sure to listen to this piece that explains the rare mix that created Silicon Valley’s startup culture. Next listen to this piece on America’s [...]

Posted by on Wednesday, April 11th, 2012
Posted in Articles of Interest
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Tips from Kevin Systrom of Instagram

I have a new favorite app on my iPhone, Instagram. I am officially addicted to this photo social network that takes your mobile phone photos and turns them into pieces of art with filters. This is probably why I found it very interesting to read a few entrepreunurial tips on Goop (Gwyneth Paltrow’s lifestyle site) from Kevin Systrom, co-founder [...]

Posted by on Tuesday, April 10th, 2012
Posted in Articles of Interest, Quotes
Tags: ,



101: Venture Capital

Over the past few weeks we’ve created a timeline of sorts for raising capital for your entrepreneurial business, from friends and family to crowdfunders and on to angel investors. If you have successfully completed an angel round—or you hope to do so in the future—but find yourself in need of additional funding, then venture capital [...]

Posted by on Monday, April 9th, 2012
Posted in 101, Capital, Finance and Economics
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101: Angel Investors

If your business is in need of funding, and you’ve maxed out your personal finances, exhausted your supply of friends and family and tapped the crowdfunding arena for all its worth, then it may be time to seek out an angel.  Not the winged cherubic types, but rather the earth-bound variety of high net worth [...]

Posted by on Wednesday, April 4th, 2012
Posted in 101, Capital, Finance and Economics
Tags: , ,



The Mogul Mom

Have you heard of a mompreneur or a mogul mom? It is a woman who is raising children and running a business. We recently stumbled upon The Mogul Mom, a blog that is geared towards creating a community for women who are running a household and a business and rocking them both. They offer articles [...]

Posted by on Tuesday, April 3rd, 2012
Posted in Articles of Interest
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