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.

A New Company for a New Year By Andrew Millman Monday, November 13, 2017 new delaware company in 2018Did you know you can set up a new Delaware LLC or Delaware corporation so it’s ready for business at the start of 2018 and you save $100 plus don’t have to pay Franchise Tax until 2019?.. Read More
Company Seal Requirements | Why Use a Company Seal? By Devin Scott Tuesday, October 10, 2017 Company Seal RequirementsMany companies use a company seal, which contains the company’s name, the year of incorporation and the state in which the company was filed. The company seal contains the company’s name, its year of incorporation and the state in which the company was filed. Think of the corporate seal as the official signature of your company... Read More
Asset Protection for Vehicles [Infographic] By Veselin Ganev Monday, September 25, 2017 Asset Protection for VehiclesThe best way to protect a fleet of professional vehicles is by forming a Delaware S corporation to use as a holding company, forming an LLC for each vehicle and then leasing each vehicle back to the operating company... Read More
New Delaware Mail Forwarding & Virtual Office Services By Michael Bell Monday, August 28, 2017 Delaware Mail Forwarding & Virtual OfficeWe have completely rethought and revamped our Mail Forwarding services here at Harvard Business Services. We now offer four services that are more tailored towards your business needs and the best part is we came up with new pricing... Read More
Filing S-Corp Status on a New Delaware Corporation By Brett Melson Monday, July 17, 2017 filing a delaware corporation as an s-corpThe Subchapter S tax status, also known as an S corporation or S-Corp, is a very popular tax status for newly formed corporations. Subchapter S tax status allows for a unique taxation method whereby the profits and losses flow through the company to the shareholders... Read More
Change Your Business Name with the IRS By Paul Sponaugle Tuesday, July 4, 2017 change your business name with the IRSUnder most circumstances, changing your business name with the IRS will not require a new EIN—though it will require an EIN name change. To make this determination, see IRS Publication 1635... Read More
Should You File a New Company by Yourself? Infographic By Veselin Ganev Monday, July 3, 2017 file a company myself or use a formation serviceShould you file your startup company by yourself or use a business formation service? Here are the pros and cons of each... Read More
What Is IRS Form 8822-B? By Andrew Millman Tuesday, April 25, 2017 What Is IRS Form 8822-BFor many LLCs, the member(s) may never change. Usually, these are simply internal matters addressed within the LLC Operating Agreement. Sometimes, however, you may need to alert the IRS about changes within your LLC... Read More
What to Know When Naming a Benefit Corporation By Andrew Millman Monday, March 13, 2017 how to name a benefit corporationThe most recent member of the family of Delaware corporate entities is the Delaware Public Benefit Corporation, also known as a Benefit Corporation or B Corporation. The Delaware Public Benefit Corporation came into existence on August 1st, 2013... Read More
What to Know about a Limited Liability Partnership By Brett Melson Monday, February 27, 2017 what is a limited liability partnershipA limited liability partnership is a general partnership that has elected to be treated as a limited liability partnership under Delaware law. An LLP is not set forth in a separate portion of the Delaware code; instead, the laws governing the features of an LLP are the same as those governing general partnerships... Read More