An image of Devin Scott

Sales Executive at Harvard Business Services, Inc. Devin has 10+ years of helping people form their businesses in Delaware. He has helped form all types of businesses from Contracting, to Internet Sales, to Restaurants. He has also helped a number of professional athletes form companies in order to add an additional stream of income. In addition to his sales role at Harvard, Devin owns his own real estate business in Sussex County, Delaware. He has sold hundreds of properties in Delaware.

The Wall Street Era is Over Book Review By Devin Scott Tuesday, June 14, 2022

‘Wall Street Era is Over - guide coming from the team behind DeFiYield, a leading resource for DeFi investors, discusses decentralized finance, and explains how anyone can take advantage of it; what to look out for; and also, some expert tips that may raise your chances of success.... Continue Reading

Posted In: Business Strategies

Book Review: The 5 Great Rules of Selling Tuesday, May 3, 2022

Being able to sell is by far one of the most important tools in business, and in life in general. Whether you are selling yourself, selling a product, or selling an idea, everyone sells (or attempts to sell) every day. This book stood out because, although it was copyrighted in 1947, the basic sales principles talked about in this book still apply today.... Continue Reading

Posted In: Business Strategies

What is 10X and how can it save my business? Tuesday, April 26, 2022

Grant Cardone came up with the 10X rule. While it calls for massive action in order to hit your goals, if applied properly, most people learn that their initial goals are too small in the first place. The 10X rule inspires because it guides you to create goals that are not just ok. It inspires you to create goals that have the power to transform your business and your life.... Continue Reading

Posted In: Business Strategies

Requirements for a Company Seal Monday, March 28, 2022

Many companies use a company seal (also referred to as a corporate seal), although it is not required by law. A company seal contains the company’s name, the year of incorporation and the state in which the company was filed. Think of the company seal as the official signature of your company.... Continue Reading

Posted In: Business Strategies

How to Register a Delaware Company in New York Monday, March 14, 2022

If you want your Delaware company to operate in NY, you need to file for Foreign Qualification and keep your company compliant in both states.... Continue Reading

Posted In: Compliance

Mission Statement vs Benefit Statement Tuesday, March 1, 2022

Both Public Benefit Corporations and Non-Profit Corporations require additional language on the Certificate of Incorporation, in the form of a Benefit Statement (for a Benefit Corporation) or a Mission Statement (for a Non-Profit Corporation). There are typically differences in the language in these two statements.... Continue Reading

Posted In: About Corporations

Advantages of a Delaware Close Corporation Tuesday, February 1, 2022

A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause.... Continue Reading

Posted In: About Corporations

Banking Resolution Document - Definition and Templates Tuesday, December 28, 2021

At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included. Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting.... Continue Reading

Posted In: About Corporations

What Is a Conformed Signature? Tuesday, December 14, 2021

A conformed signature indicates that a real signature has been used on the original document. Oftentimes, business transactions are done by smartphone while on the go. Many people know already that Delaware will accept faxed and emailed copies of documents that require signatures.... Continue Reading

Posted In: The Delaware Advantage

What Is a DUNS Number Used For? Tuesday, November 16, 2021

You may be wondering what a DUNS number is used for. Here's a breakdown of what it is, plus why you may need one for your company.... Continue Reading

Posted In: Compliance

Virginia Registration for a Delaware LLC Tuesday, October 26, 2021

Each state has different requirements for Foreign Qualification. Virginia, like most states, has an application process and a state fee for Virginia registration for a Delaware LLC. The state of Virginia also requires additional documentation from your Delaware LLC.... Continue Reading

Posted In: Compliance

General Partnership vs Limited Partnership Monday, September 20, 2021

When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership.... Continue Reading

Posted In: About LLCs

Business Bank Accounts for Delaware Companies Tuesday, August 24, 2021

If you own a Delaware LLC or corporation, here’s what banks typically require in order to open a business bank account.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Doing Business in Florida as a Foreign Corporation Tuesday, August 17, 2021

Foreign Qualification is the manner in which Florida grants you permission to operate your Delaware corporation there. It is a very important step that is sometimes forgotten, but if you fail to comply with Florida's local compliance regulations, you may be putting yourself and your company at risk.... Continue Reading

Posted In: Compliance

Doing Business in Maryland as a Delaware LLC Tuesday, July 13, 2021

Maryland, like many other states, has an application process and a state fee for Delaware companies that operate there. The process in which a Delaware LLC registers in Maryland is called Foreign Qualification.... Continue Reading

Posted In: Compliance