Learning Center
101: Franchise Tax
Every day we receive various questions about the annual State of Delaware franchise tax obligations. In an attempt to explain the details in their simplest form, here are the most common questions we receive, with short and to the point answers. Q: What exactly is a franchise tax? A: It is a fee imposed on [...]
Posted by Amy Fountain on Wednesday, May 2nd, 2012Posted in 101, Franchise Tax
Tags: Delaware, Franchise Tax
Local Compliance When Incorporating in Delaware
You have formed a new Delaware LLC or Corporation. Now what? This is a popular question that we receive from our new clients. When forming a Delaware company, it will be a “domestic” company to Delaware and a “foreign” company to every other State in the USA. Clients that form a Delaware company often operate [...]
Posted by Devin Scott on Tuesday, May 1st, 2012Posted in INC Knowledge
Tags: Foreign Qualification, INC Knowledge
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 Matt Cholerton on Tuesday, April 24th, 2012Posted in 101, Human Resources
Tags: 101, Human Resources
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 Devin Scott on Monday, April 23rd, 2012Posted in Delaware, INC Knowledge
Tags: Delaware, INC Knowledge
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 Matt Cholerton on Wednesday, April 18th, 2012Posted in Human Resources
Tags: Human Resources
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 Rick Bell on Tuesday, April 17th, 2012Posted in Delaware, INC Knowledge
Tags: Delaware, INC Knowledge
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 Carleigh Lowe on Tuesday, April 10th, 2012Posted in Articles of Interest, Quotes
Tags: Articles of Interest, Quotes
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 Gregg Schoenberg on Monday, April 9th, 2012Posted in 101, Capital, Finance and Economics
Tags: 101, Finance and Economics, Venture Capital
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 Gregg Schoenberg on Wednesday, April 4th, 2012Posted in 101, Capital, Finance and Economics
Tags: 101, Capital, Finance and Economics
Start a Crowdfunding Campaign
In our last HBS post we gave some advice on how to successfully solicit friends and family to become financial supporters for your business. While friends and family investors have been around for as long as entrepreneurs have been starting businesses, the rise of social media and the online economy has given rise to a [...]
Posted by Gregg Schoenberg on Tuesday, March 27th, 2012Posted in Finance and Economics
Tags: Finance and Economics
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