Business Strategies

Learn how to incorporate your Delaware business as well as tips, suggestions and smart business ideas for you to utlize before and after incorporating a company in Delaware.

Book Review - “Guerrilla Marketing” by Jay Conrad Levinson By Devin Scott Tuesday, August 9, 2022 Book Review - “Guerrilla Marketing” by Jay Conrad Levinson“Guerilla Marketing” by Jay Conrad Levinson discusses marketing strategies to help small businesses thrive. Read Devin Scott’s book review today... Read More
Disadvantages & Hidden Costs of a Sole Proprietorship By HBS Monday, July 11, 2022 disadvantages to a sole proprietorshipTypically, 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... Read More
The Wall Street Era is Over Book Review By Devin Scott By Devin Scott Tuesday, June 14, 2022 The wall street era is over.‘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... Read More
Doing Business With the Government and UEI’s. By Justin Damiani Tuesday, June 7, 2022 DUNS to EIDAs of April 4, 2022, the federal government has eliminated the use of the DUNS number, and is now using the Unique Entity Identifier (UEI). To apply for government contracts or grants, obtain a Unique Entity Identifier (UEI), as the DUNS Number is no longer valid for federal award identification... Read More
Company Name Not Available... Now What? By Justin Damiani Monday, June 6, 2022 Perhaps you’re forming a new Delaware Corporation under the name, Jones Financial Services Inc. and the name is not available in Delaware. A slight alteration to the entity name such as Jones Financial Group Inc. or Jones Financial Solutions Inc. may be successful... Read More
Payment Terms: Holdbacks, Escrows and Earnouts By Jarrod Melson Tuesday, May 17, 2022 Payment TermsPart IV of the Selling Your Small Business series of posts discusses three features relating to the payment of the purchase price for a business: holdbacks, escrows and earnouts... Read More
Structure of a Deal: Asset Sale vs. Sale of Equity By Jarrod Melson Tuesday, May 10, 2022 AssetsThis Part III of the Selling Your Small Business series of posts discusses the two main options for structuring the sale of a business: the sale of the assets of the business and the sale of the equity interests in the business entity. This post broadly describes the differences between the two approaches and the tax and liability implications of each upon the purchaser and the seller... Read More
Cash Reserves: How Much Does Your Business Need? By HBS Monday, May 9, 2022 how much in cash reserves does my company needHow much money in cash reserves should your company have? There is no one-size-fits-all answer to this question... Read More
Book Review: The 5 Great Rules of Selling By Devin Scott Tuesday, May 3, 2022 Book Review: The 5 Great Rules of SellingBeing 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... Read More
What is 10X and how can it save my business? By Devin Scott Tuesday, April 26, 2022 What is 10xGrant 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... Read More