The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.
“Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” - Mark Twain
If you and/or your employees are racking up a lot of miles on a personal vehicle for work purposes, then now may a good time to look into buying a company car. Interest rates are still near historic lows, so there are some pretty attractive financing terms available. And while car sales have ticked up recently, there are still plenty of good deals available if you’re willing to shop around and use your negotiating skills. Before setting out for the car lots in search of your company vehicle, make yourself familiar with these 4 tax and financial considerations to find the right car, at the right terms, to suit your business.
With the preceding information in mind, you should be well-equipped to find a good choice for your company at a good price. But because some of the financial calculations discussed here depend on current tax law, you’ll probably want to talk with your tax advisor about the “buy versus lease” decision and utilizing the proper write-offs before committing to buying your new company car.
"You don't need an MBA to be a successful business owner...What you do need, however, is a solid dose of common sense." - Jeanette Mulvey
No single company is more responsible for our 21st century technological era than the “Bell Labs” division of Ma Bell, THE Phone Company, originally known as American Telephone &Telegraph. Oh, I know you can quickly name a dozen other companies who made excellent products and monumental strides in technology, including HP, Intel, Microsoft, Oracle, Cisco, Apple, Google, and on and on, but all of these companies would never have happened, were it not for Bell Labs. In fact, they could not have happened had there been no Bell Labs.
You see, ten years before Steve Jobs was born, Bell Labs was running a research facility in New Jersey, which would employ tens of thousands of America’s best scientists, many of them concentrating on basic research. Basic Research includes testing a given material – silicon being one of them - for all of its obvious and potential characteristics and co-characteristics, in order to build whole new platforms upon which new technologies can be launched. Their object was to invent the devices necessary to build a telephone system for the future that “Could connect any person to any other person, anytime.”
After America’s triumph in WWII, before television was introduced to the American public, it was by any measure a “long-Term” view. At that time, with vacuum tubes being necessary to transmit voice waves from repeater station to repeater station every 30 miles, the circuitry necessary to create an iPhone 4S would have taken up a space the size of Grand Central Station.
Scientists at Bell Labs were the first to discover how to use the magic of silicon to create the first “Transistor” in 1946. This was the primary building block of the electronics age, replacing the vacuum tube. After that, they went on to invent the Solar Cell in 1954, the LASER in 1958, and in 1962, they built and successful launched the first commutations satellite which enabled the cellular world to become a reality. And that’s not the half of it….
So now you see what I mean when I say that without Bell Labs, none of what we experience today, from a technology standpoint, would exist. It’s true. But the story of HOW Bell Labs did it, and WHY such broad scale innovation came out of it is even more fascinating that my introduction.
“The Idea Factory” a new book by Fast Company Articles Editor Jon Gertner and New York Times writer is the amazing adventure of Bell Labs, from its beginnings as Alexander Graham Bell’s own laboratory through several decades when it was the premier Technology Laboratory in America, and perhaps the World. It’s the story of how innovation is achieved on a major scale, and why nurturing such innovation is important. At Bell Labs, they broke all the rules of company organizational science in order to discover new sciences like Solid State Physics and Satellite Communications. In some ways, they were the Google of their time, and their time stretched over many decades.
Reading Gertner’s book is like being told the story by somebody who knows all the related details, as well as the obvious ones. He lets you in on what really happened and has due respect for the individuals who crafted the personality of Bell Labs and made it possible for it to develop it into a scientific colossus.
It is captivating to read. It is a lesson in management, the tale of a uniquely American triumph and a chronicle of what happened at Bell Labs in New Jersey that changed the world.
The Idea Factory: Bell Labs and the Great Age of American Innovation, The Penguin Press, New York, NY 2012 by Jon Gertner. $28.95 list price, 442 pages. Available anywhere new books are sold.
Libera Solutions Ltd in collaboration with Harvard Business Services, Inc. and through the FirmaDelaware.com website supports entrepreneurs in starting international business projects based on U.S. companies registered in State of Delaware. We specialize in servicing Polish-speaking customers.
Our legal solutions allow you to conduct operations both from the U.S. as well as from EU countries, including Poland. For our clients we can also provide accounting services for the activities of the U.S., Polish or the UK.
Legal support for our clients is provided by Dobrzyniecki & Partners Law Office LLP. It is an international law firm providing services in both law and finance. It specializes in capital markets services, corporate restructuring as well as mergers and acquisitions. One of the important issues handled in the firm is international tax law, in particular the use of transnational legal norms in order to ensure tax optimization. The Firm is also an active promoter of the stock market, participating in the IPO processes, on both the Warsaw Stock Exchange and stocks of London & New York. Andrzej Dobrzyniecki is The Managing Partner, who in addition to legal studies also completed the MBA Exclusive studies and studies in accounting. He was an Arbitration Judge in the European Arbitration Court for many years.
In an era of global economy, we believe in free markets and freedom to conduct business around the world. We have tools to help you implementing your plans, without unnecessary restraints.
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Article in Polish:
Libera Solutions Ltd we wspó?pracy z Harvard Business Services, Inc. poprzez serwis internetowy FirmaDelaware.comwspomaga przedsi?biorców w uruchomieniu mi?dzynarodowych projektów biznesowych opartych o ameryka?skie spó?ki rejestrowane w stanie Delaware. Specjalizujemy si? w obs?udze klientów polskoj?zycznych.
Nasze rozwi?zania prawne pozwalaj? na prowadzenie dzia?alno?ci operacyjnej zarówno z terenu USA jak i z krajów UE, w tym z Polski. Dla naszych klientów mo?emy zapewni? tak?e obs?ug? ksi?gow? dla dzia?alno?ci prowadzonej z terenu USA, Polski czy te? UK.
Zaplecze prawne dla naszych klientów zapewnia kancelaria prawna Dobrzyniecki & Partners Law Office LLP. Jest ona mi?dzynarodow? kancelari? prawn? ?wiadcz?c? us?ugi zarówno w zakresie prawa jak i finansów. Specjalizuje si? w obs?udze rynku kapita?owego, restrukturyzacji przedsi?biorstw oraz w procesach fuzji i przej??. Jednym z istotnych zagadnie? jakimi zajmuje si? Kancelaria jest mi?dzynarodowe prawo podatkowe, a w szczególno?ci wykorzystanie ponadnarodowych unormowa? prawnych w celu zapewnienia optymalizacji podatkowej. Kancelaria równie? jest aktywnym animatorem rynku gie?dowego, uczestniczy w procesach IPO zarówno Warszawskiej Gie?dy Papierów Warto?ciowych, jak i parkietów gie?dy londy?skiej i nowojorskiej. Partnerem Zarz?dzaj?cym jest Andrzej Dobrzyniecki, który poza studiami prawniczymi uko?czy? równie? studia typu MBA Exclusive i studia z zakresu rachunkowo?ci, jest równie? wieloletnim S?dzi? Arbitra?owym w Europejskim Trybunale Arbitra?owym.
W erze globalnej gospodarki wierzymy w wolny rynek i swobod? prowadzenia biznesu na ca?ym ?wiecie. Mamy narz?dzia, które pomog? Ci w realizacji Twoich planów bez niepotrzebnych hamulców.
Zarejestruj SWOJ? firm? w Delaware razem z nami!
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