Not only is a Corporate Kit a safe, orderly location in which to house all your company’s documents but many of those documents can be utilized in court, if the need ever arises. Maintaining your company’s Corporate Kit makes sense, on all levels.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Michael Bell, son of Harvard Founder Rick Bell, assumes the role of President for the company effective January 1, 2019. Rick Bell stays on as Chairman of the Board.... Continue Reading
Posted In: About Harvard
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
The new scholarship will be available to all undergraduate students at U.S.-based accredited colleges or universities who are majoring in entrepreneurship or another business program. Students can apply by submitting a short essay describing their entrepreneurial aspirations and business idea.... Continue Reading
Posted In: About Harvard
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
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 Dusiness As") to operate an additional business under a different name.... Continue Reading
Posted In: About LLCs
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
The Change of Address or Responsible Party Business form 8822B can be utilized by businesses to update their current contact information for the responsible party on file with the IRS.... Continue Reading
Posted In: Business Strategies
The most exciting changes that came along with the Pension Protection Act are also, shockingly, one of the least discussed sections of the Internal Revenue Code: the changes to the 401(h).... Continue Reading
Posted In: Business Strategies
No matter how much advanced technology your company uses to facilitate and follow up on sales leads, no automated tool can replace a fantastic salesperson. A skilled salesperson can elevate your company in a variety of ways.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
What’s the difference between LLCs and corporations? Which is better for raising capital, limiting liability, easy management & paying taxes?... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Every spouse, and every business partner, begins the relationship with the expectation of a long and fruitful relationship, yet this can be a somewhat naïve assumption.... Continue Reading
Posted In: Business Strategies
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
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
One of our readers sent us this info graphic on what's hot in the world of Start ups, check it out.... Continue Reading
Posted In: Entrepreneurs & Start-Ups