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.

Free Live Webinar on the Corporate Transparency Act By Michael Bell Monday, February 22, 2021 webinarOn March 3, 2021 at 2:00 PM EST, Harvard Business Services, Inc. presents a free, live webinar on the Corporate Transparency Act. This Act was recently passed and will require newly-formed and/or relatively small U.S. corporations and LLCs, or non-U.S. entities that have registered to do business in a U.S. State, to disclose information to the Treasury Department on an initial and ongoing basis regarding the beneficial owners, subject to certain exemptions... Read More
What Happens if My New Company Doesn’t Conduct Any Business? By Justin Damiani Monday, February 15, 2021 It’s not uncommon for clients to form a new Delaware company, but not begin conducting business activities right away. When and after forming a new Delaware entity, they’re sometimes many things that need to be accomplished prior to conducting business... Read More
Requirements for a Company Seal By Devin Scott Tuesday, February 9, 2021 Company Seal RequirementsMany companies use a company seal (also referred to as a corporate seal), although it is not required by law. A company seal contains the company’s name, the year of incorporation and the state in which the company was filed. Think of the company seal as the official signature of your company... Read More
Demystifying the Public Benefit Corporation By HBS Wednesday, January 27, 2021 In this 60-minute webinar, complete with transcript Harvard Business Services' Brett Melson and Jarrod Melson discuss the unique new type of company the Public Benefit Corporation... Read More
California Mandates Board Diversity for Many Public Companies By Jarrod Melson Monday, January 25, 2021 These new laws require that women and members of “underrepresented communities” constitute a certain percentage of the board of directors of certain companies, depending upon the size of the company’s board... Read More
Can I Convert a Corporation to an LLC? By Brett Melson Tuesday, January 5, 2021 convert corporation to llcA Delaware LLC structure is more flexible than a corporation, as an LLC Operating Agreement may contain provisions and terms that would not be permissible in the context of a Delaware corporation... Read More
Company Name Not Available... Now What? By Justin Damiani Tuesday, December 15, 2020 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
How to Create a Second Company with the Same Name By Justin Damiani Monday, December 14, 2020 Say you have an active Delaware Limited Liability Company named Sports Apparel LLC, and would like to form a new Delaware Corporation. You can form the new corporation with the same basic name, such as Sports Apparel Inc., as long as you submit a consent form along with your filing of the new Certificate of Incorporation... Read More
Why Convert Your Tax Status from S-Corp to C-Corp By Jeremy Reed Tuesday, December 8, 2020 why convert your status from s corp to c corpThe most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income... Read More
How to Close Your Delaware Company By Amy Fountain Tuesday, December 1, 2020 Are you closing your Delaware LLC or corporation? Do it by Dec. 31st! By filing your cancellation or dissolution by the end of the year, you’ll avoid having to pay the next year's franchise tax... Read More