Do I Need a Business License for My Company? Monday, May 30, 2022

No matter what type of business you own—whether it’s in a physical storefront or based online—and regardless if it’s a small or large company, you are going to need to obtain and maintain a business license (possibly more than one).... Continue Reading

Posted In: Entrepreneurs & Start-Ups

How to Protect Your App Idea Legally Monday, May 23, 2022

Right now is a great time to build an app. The average mobile user uses 9 apps every day, and 30 apps in a month. You have a great chance to build an app that’s useful and profitable.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Cash Reserves: How Much Does Your Business Need? Monday, May 9, 2022

How much money in cash reserves should your company have? There is no one-size-fits-all answer to this question.... Continue Reading

Posted In: Business Strategies

The Delaware Secretary of State Monday, May 2, 2022

The Delaware Secretary of State, who leads the Delaware Department of State, is appointed by the state’s Governor and is typically one of the Governor’s top advisors. The office of the secretary and the department he or she leads is located in Delaware’s capital, Dover.... Continue Reading

Posted In: The Delaware Advantage

What Does a Corporate Secretary Do? Tuesday, April 5, 2022

Many people think a Corporate Secretary’s role is merely to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, it is nowhere near the entirety of this pivotal role.... Continue Reading

Posted In: About Corporations

How Exchange Rates Affect Your Business Monday, March 21, 2022

How do foreign exchange markets work? What are their effects on business owners? Here's how fluctuations in the exchange rates affect your business.... Continue Reading

Posted In: Business Strategies

What Does Service of Process Mean? Tuesday, January 4, 2022

In Delaware, service of process is the method by which a company is served time-sensitive legal documents, including lawsuits and subpoenas. The person receiving the service of process has a designated period of time in which to send a reply.... Continue Reading

Posted In: The Delaware Advantage

Delaware Timetable for Cancelling Your LLC Monday, December 6, 2021

If you have stopped using one of your LLCs and it’s time to close it, here is the Delaware timetable. Whether the company didn’t turn out as planned or you feel the company has run its course and it’s time to shut down, Harvard Business Services, Inc. is here to assist with any cancellation needs.... Continue Reading

Posted In: About LLCs

Delaware Timetable for Dissolving Your Corporation Monday, November 29, 2021

When it comes time to file a Certificate of Dissolution, you may file the documentation with the Delaware Secretary of State directly or you may request that Harvard Business Services, Inc. assists you. Harvard can dissolve your corporation within 3-5 business days.... Continue Reading

Posted In: About Corporations

Business Resources for Women Tuesday, October 12, 2021

Two steps forward, one step back: this adage can describe most social, political, economic, educational and business advances by women.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

EIN Responsible Party for a Business Entity Tuesday, October 5, 2021

To be clear, the Responsible Party must be an individual. Furthermore, no other person within the entity can make IRS-related changes other than the assigned Responsible Party.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Using a Delaware Company for an Amazon Seller (FBA) Business Tuesday, September 21, 2021

Beyond simply having the required information to sell through Amazon, sellers need to consider the business structure that best meets their needs.... Continue Reading

Posted In: The Delaware Advantage

Operating Multiple Businesses Under One LLC Monday, August 2, 2021

It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name.... Continue Reading

Posted In: About LLCs

Why Incorporate in Delaware? [INFOGRAPHIC] Tuesday, July 6, 2021

Minimal start-up costs, the most trusted corporate case law and the most flexible corporate laws in the country are just a few of the excellent reasons to incorporate in Delaware.... Continue Reading

Posted In: The Delaware Advantage

The Filings Department: How We Roll Monday, June 28, 2021

At Harvard Business Services, Inc., we like to refer to the filings team as our “backbone.” The shared work of the filings team includes filing new Delaware (and other state) formations and amendments, obtaining EINs, taking client calls, assisting with franchise tax payments, and so much more!... Continue Reading

Posted In: About Harvard