An image of Rick Bell

Rick started Harvard Business Services, Inc. in 1981 in Wilmington, Delaware in order to offer an easy and inexpensive way for individuals to go into business for themselves and fulfill their dreams. Today, the company employs over 40 people and has helped form more than 250,000 companies.

Non-Profit Corporation vs Public Benefit Corporation Monday, June 10, 2024

Unlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise.... Continue Reading

Posted In: About Corporations

Is an LLC a corporation? What's the Difference? Monday, May 27, 2024

Why is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?... Continue Reading

Posted In: About Corporations

Delaware Blank Check Preferred Stock Monday, April 29, 2024

Every Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders.... Continue Reading

Posted In: About Corporations

Benefits of a Virtual Office Service Monday, March 25, 2024

Depending on the type of business you own, there are many potential advantages to retaining virtual office services.... Continue Reading

Posted In: Business Strategies

The Delaware Dynasty Trust Tuesday, July 11, 2023

The Delaware Dynasty Trust can help mitigate some of the taxes when someone passes on their assets to their heirs. Apply with a Delaware dynasty trust form.... Continue Reading

Posted In: The Delaware Advantage

What is a Delaware Statutory Trust? Monday, January 23, 2023

Delaware is one of the few states in America to have a statutory trust law. Most states still rely upon common law trusts, which have many outdated rules that can create uncertainty about a number of legal aspects of the trust.... Continue Reading

Posted In: The Delaware Advantage

Why Do So Many Companies Incorporate in Delaware? Monday, October 10, 2022

You do not need to visit Delaware in order to form a business in the state. Delaware's Division of Corporations is the best in the world at processing business formation filings quickly, and it encourages entrepreneurs from across the country and around the world to form their businesses here.... Continue Reading

Posted In: The Delaware Advantage

Update on Russia-related sanctions and how they may affect you Tuesday, May 24, 2022

On May 8, 2022 the U.S. Department of the Treasury released sanctions related to the Russian invasion of Ukraine. Our founder and chairman Rick Bell provides more information on what that means for our ability to provide services to Russian clients.... Continue Reading

Posted In: Compliance

Delaware Corporation Directors Cannot Be Undisclosed Tuesday, February 8, 2022

On the Delaware Annual Franchise Tax Report, all corporations must list their Company Name; Company Address; Names & Addresses of all Directors; Name & Address of one Officer.... Continue Reading

Posted In: About Corporations

Delaware General Corporation Structure Tuesday, November 9, 2021

The Delaware general corporation is the strongest company structure in the U.S. It offers a means to raise capital, has three tiers of power and follows bylaws. The bylaws of the company set forth the powers and the limits of power in each of the three tiers. Each group may have separate priorities, and they may clash occasionally.... Continue Reading

Posted In: About Corporations

Delaware LLC: What's on Public Record? Tuesday, September 14, 2021

A Delaware LLC filed through a professional Registered Agent affords you the highest level of confidentiality. Only the company name and the name and address of the Registered Agent typically appear on the Certificate of Formation, along with the date of filing and the company file number.... Continue Reading

Posted In: The Delaware Advantage

Need Help Issuing Stock for Your Company? Tuesday, June 1, 2021

The steps to selling stock in your company include: determining your registration exemption, approving the issuance of stock, and recording the stock transaction. Find a complete checklist in this article.... Continue Reading

Posted In: Business Strategies

Get a Digital Stock Ledger for Your Delaware Corporation Monday, October 5, 2020

We believe StockTreasury is the first, and currently the ONLY, digital stock ledger available with blockchain security. We think you’ll find StockTreasury easy to use and compared to Carta and other non-blockchain SaaS platforms, extremely reasonably priced.... Continue Reading

Posted In: About Corporations

Book Review: The Startup Checklist, by David S. Rose Monday, May 18, 2020

Like a personal mentor and guide for your business startup, this book details the steps you need to take to create a business unicorn.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Finding Angel Investors for Your Company Monday, May 11, 2020

Angel groups need applicants that suit their investment criteria. Still, they turn down a majority of applicants because they get so many. Nobody will be turned on by your claiming to be the next Amazon or Facebook. Be confident and direct.... Continue Reading

Posted In: Entrepreneurs & Start-Ups