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The HBS Blog


The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.

Meet the HBS Team: Amy Lewis, Accounting Specialist
By Carleigh Lowe Friday, February 11, 2011

Amy LewisWith over ten years of accounting and human resource experience Amy Lewis joined Harvard on May 21, 2007 as Harvard's Accounting Specialist and Human Resources Coordinator. She is responsible for handling all check requests, reconciling daily credit card settlements, performing accounts payable functions and managing all Human Resource aspects for the company. Amy graduated from Goldey-Beacom College with a Bachelor's of Science in Business Administration with a Concentration in Management.

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New Hope for Small Businesses
By Devin Scott Tuesday, February 8, 2011

The government has recently put some policies in place that can be of help to the small business owner. In addition to a new tax credit for healthcare costs, there is also more money available to help businesses secure financing. There is an extra $13 million in loan guarantee money that businesses could potentially access. That money could translate into $131 million in new lending. In addition to those benefits, the Small Business Association  has also implemented higher maximum loan sizes. These were all made possible by the Small Business Jobs Act.

The Small Business Jobs Act was signed into law last year. The Jobs Act, among other things, gives lenders incentive to loan money to small businesses by offering peace of mind that the loan will be repaid. The Jobs Act also includes 8 new small business tax cuts that will hopefully offer incentive for business growth and new investments.

Small Business Association Administrator Karen Mills says, "Today’s vote by the House to send the Small Business Jobs and Credit Act to the President for his signature is a key step forward in making sure small businesses have the resources they need to do what they do best – create jobs and drive economic growth. This bill includes billions in tax cuts specifically targeted to small businesses so they can put more of their own resources into growing their business. At the same time, this bill ensures those very businesses have access to the capital they need by extending SBA’s successful recovery loan enhancements and putting local, community banks in a position to be a real partner for small businesses and entrepreneurs. This bill is the right step forward for our nation’s small businesses and our economy.”

At a time when many businesses are struggling, the Small Business Jobs Act is significant. There are many business owners who, with a little more credit, could grow their business quite a bit. The goal is to create jobs and add to productivity. “Additionally, temporarily increasing the cap on SBA Express loans from $350,000 to $1 million will allow more small businesses to take advantage of the streamlined approval process for working lines of credit and other capital they need,” Mills said.

The Small Business Assocition's web site offers more information on this, as well as a treasure trove of ideas, links, videos and event listings for small business owners.

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Meet the HBS Team: Lisa Kline, Mail Room Specialist
By Carleigh Lowe Thursday, February 3, 2011

Lisa KlineLisa was born and raised in Rio Vista, California. In 1982, she joined the U.S. Coast Guard, which brought her to the East Coast, where she met her husband of twenty-five years. They lived in Pennsylvania and owned and operated a dairy farm for several years. In 1998, they moved to Delaware to be closer to the water. In 2006, Lisa joined the staff as a mail room specialist. Her duties include receiving mail daily and distributing it to clients, contacting clients about mail forwarding options and answering questions about mail forwarding. She sends out the daily mail packages. Lisa also assists with sending out franchise tax, Registered Agent and mail forwarding notices to clients.

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101: Steps to Producing Your Own Company Videos
By Michael Bell Wednesday, February 2, 2011

Back in October I wrote an article announcing the launch of our video series here at Harvard. In this article I want to elaborate more on what it takes to produce a series of videos. Many of you have probably thought about doing this, but are not quite sure what it takes to produce a series of videos for your company. You might think it is as simple as setting up a camera on a tripod and sitting in front of it and pressing Record, but not so fast let’s take a moment  and break this down because  If you want to do it right you have to take it in steps.

Here are five easy steps that can help you to produce a series of videos for your company:

  • Sit down and brainstorm ideas for videos. Take a minute to figure out what makes you different from your competition, this could be a product, or service.
  • Set Intermediate, Short Term and Long Term Goals. Make sure these goals are feasible, you don’t want to set yourself up for failure.
  • Determine your time frame for both production and post-production. Keep in mind that the post production is where all the magic happens and takes time.
  • Determine how much money to budget for this project.
  • Interview and hire a production company to help carry out your goals.

Once you have followed these five simple steps you will have a library of videos to market your business to the entire world, much like Harvard.

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How to Pay Your Delaware LLC Franchise Tax | HBS, Inc.
By Michael Bell Tuesday, February 1, 2011
Harvard Business Services, Inc. offers the fastest and easiest way to pay your Delaware LLC or LP Franchise Tax to the state of Delaware and guarantees it will be paid on time. In this video, our Sales Executive, Heather Garza, walks you through the necessary steps to pay your Delaware LLC or LP Franchise Tax via delawareinc.com or payfranchisetax.com.
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