The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.
You know what they always say...fake it 'till you make it! This New York Times article "A Small Business Made to Seem Bigger" offers some unique and helpful tools and resources for small businesses. Below is an excerpt:
People who run a business alone often want it to appear bigger than it really is — as if it has teams of employees and unlimited resources. This is now more possible than ever thanks to some tools that so-called solopreneurs and other small businesses have at their disposal, giving them the reach and capabilities of far bigger companies.
Last year, Logan Hale, founder of YourLittleFilm, which is based in suburban Los Angeles and creates custom short films, was a sponsor of the children’s dance tour Baby Loves Disco, staffing a booth at a series of Southern California events. The promotion was so successful that he wound up with 400 leads, and a problem. “I don’t have time for that kind of follow-up,” he said. Instead, Mr. Hale used Batchbook, customer relationship management software for small business. Although he had to enter the leads, Batchbook integrated with MailChimp, a Web-based e-mail marketing platform that automatically generated and sent a follow-up e-mail to every lead. Batchbook then kept track of the responses. “I had a 10 percent response rate, which is great for e-mail,” said Mr. Hale. “From those, I’ve already had six jobs.”
Although technology like that can be a game-changer, David S. Garland, a business owner who is author of Smarter, Faster, Cheaper (Wiley, 2010), cautions it can also become overwhelming. Tools, he said, should be “simple, functional and really help the business.” Here are some of the tools and strategies he, Mr. Hale and others use to emulate — and compete against — much bigger companies.
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 and time-consuming, and the repeal passed by a vote of 87-12.
The Wall Street Journal covered the repeal in detail in the article "U.S. Senate Passes Tax Reporting Repeal."
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."
"Leadership is making time when there is no time."
"Leadership is not a matter of position."
"Leadership is recognizing that conflict can be creative."
"Leadership is validated only by others."
"Leadership is knowing that even heroes are human."
"Leadership is believing in others as much as yourself."
"Leadership is passionate pursuit of purpose."
While assisting clients with changing their Registered Agent service to Harvard Business Services, Inc., we sometimes hear stories about what our competitors are charging. Recently, a business owner told me he has been paying a Registered Agent payment of $250 a year for the last three years and has not known about it. It seems that somewhere along the line, the cost of his Registered Agent payment was raised and he was not notified. So year after year, his secretary paid the bill on time, as instructed, and no red flag ever jumped out at him. It wasn't until he ran an inventory of all his business expenses that this exorbinant cost was finally revealed. Unfortunately, this is a common occurence in the business formation world. There are some companies in the Registered Agent business that raise their fees every year. They take for granted the fact that as a business person, you are very busy and do not always notice if fees are raised. We will not name any names, but there are so many companies that raise their Registered Agent fees, and there are many business owners that do not realize it until they have wasted precious financial resources.
This is why Harvard Business Services, Inc. takes pride in our $50 per year guaranteed Registered Agent Service. As long as your company remains in good standing, your Registered Agent payment will not go up. If you're wondering why we charge such a low fee, the answer is we have been doing this since 1981--we have the Registered Agent business down to a science and we do not feel we should charge any more money. Clients appreciate the fact that we can tell them, honestly, what their Registed Agent payment will be next year, and what it will be 10 years from now.
No. In order to change the Registered Agent for an existing Delaware corporation or LLC, the state of Delaware charges a filing fee of $50 to file the Certificate of Change of Registered Agent and Registered Office. Harvard Business Services, Inc. can prepare and file this form for you, for the low cost of $50; plus, we'll give you your first year's Registered Agent Fee for only $39. Thus the total cost to change your Registered Agent will be only $89 per corporation or LLC. Thereafter, your annual Registered Agent Fee will be only $50 per company; just think of the money you can save by changing your Registered Agent to Harvard Business Services, Inc.
Follow ths link in order to change your Registered Agent to Harvard Business Services, Inc. It's quick and easy.
You can also watch a video reviewing the steps to changing Registered Agents.
As always, feel free to call us 1-800-345-CORP with any questions you may have.
Paul is currently an IT/Systems Administrator for Harvard Business Services, Inc., but he was initially a part of the Sales team for four years before assuming this more recent role. Born and raised in the coastal resort area of Sussex County, Delaware, Paul is the son of well-known local restaurateurs who taught him, very early in life, the value of hard work and dedication. As with all family businesses, theirs required the whole family to participate, so as a teenager Paul found himself washing dishes at his parents' establishment. It was there he began to learn business and, more importantly, the business of people, and how courtesy and great service can go a long way.
Paul began working with computers in college, but he never considered it as a career. He spent two years in the mountains of Morgantown, West Virginia before deciding to complete his Bachelor of Arts in Biology at the University of Delaware. After graduation, Paul had no prospects of going into the medical field, so he returned to Delaware's beaches and resumed working at his family's restaurant, this time as a server and bartender, as well as at a local nightclub.
Over the next few years, Paul continued to sharpen his customer service skills, but the long hours and frenetic pace of restaurant life inspired him to look for a career change. In December 2004, he parlayed his computer and people skills into a career with Harvard Business Services, Inc.