Understanding the Role of a Certificate of Incumbency
Tuesday, October 29, 2024
The Certificate of Incumbency displays the names and positions of the corporation’s directors and officers. It also includes information related to whether they were appointed or elected, and the term of their office.... Continue Reading
Posted In: About Corporations
Operating Multiple Businesses Under One LLC
Monday, September 16, 2024
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
Unusual Questions from Our Clients
Monday, August 12, 2024
We communicate with our clients around the world frequently and our team is accustomed to fielding questions on all aspects of starting and maintaining a Delaware company. Still, there are the occasional questions that catch us off guard.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Things to Think About When Moving Your Business
Monday, August 5, 2024
Do not forget to change your address with your bank. You do not want your important banking statements with account details ending up in someone else’s hands. Oftentimes, you can verbally update your address by stopping into your bank; remember to bring your ID to confirm you are on the account.... Continue Reading
Posted In: Business Strategies
What Does a Corporate Secretary Do?
Tuesday, April 30, 2024
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
Recorded Webinar: Delaware Corporation Basics
Monday, March 11, 2024
This webinar is packed full of great information dealing with the basic elements of a Delaware corporation and detailing some of the finer points as well. Available in video and transcribed formats.... Continue Reading
Posted In: About Corporations
Delaware Timetable for Canceling Your LLC
Monday, February 19, 2024
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
FinCEN Report Company Webinar – Intro to Corporate Transparency Act
Tuesday, February 6, 2024
Harvard Business Services, Inc. recently partnered with FinCEN Report Company LLC to offer a service to our customers to assist with the new Financial Crimes Enforcement Network (FinCEN) Beneficial Ownership Report. Watch the Webinar – Intro to CTA in our newest blog post you its entirety.... Continue Reading
Posted In: Corporate Transparency Act
Why Venture Capitalists Prefer Delaware C-Corps
Monday, February 5, 2024
The first requirement of every serious investor, angel investor and Venture Capitalist is the same: your company must be a Delaware C corporation before they will even consider investing in it.... Continue Reading
Posted In: About Corporations
What Does Service of Process Mean?
Tuesday, January 23, 2024
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
Why Delaware Corporate Law Matters So Much
Monday, December 11, 2023
It’s a fact that Delaware is the Incorporation Capital of the World, but how has Delaware’s corporate law affected the business world, and why?... Continue Reading
Posted In: The Delaware Advantage
Disadvantages & Hidden Costs of a Sole Proprietorship
Monday, November 6, 2023
Typically, a sole proprietorship makes you personally liable for all of your business debts and gets taxed at the personal (not corporate) tax rate. That's not all.... Continue Reading
Posted In: Business Strategies
How Much Cash Reserves Does Your Business Need?
Tuesday, October 3, 2023
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
What is a Micro Business?
Monday, July 31, 2023
Similar to a small business, a micro business is a perfect option for a solopreneur who is a freelancer or independent contractor.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Where Is My Business Located?
Monday, May 29, 2023
We explain what to tell the IRS if your company does not have an actual physical location or address | Where Is My Business Located?... Continue Reading
Posted In: Compliance