Teddy Luben

Teddy Luben is a web entrepreneur who has founded and co-founded several music Web sites and related blogs. He is an editorial contributor to Inc Plan Start Up blogs. Teddy is a recent graduate of Franklin & Marshall College in Lancaster, PA.


If you have a business and you do business with customers in the United States, you may run into some issues when it comes to processing payments. Many payment gateways and credit card processors work exclusively with US based businesses, which makes it harder for foreign companies to accept payments ... Read More
July 31, 2014Teddy Luben


The US dollar is one of the most used currencies in the world. Many places, especially online ecommerce stores, accept the dollar over any other currency. This can prove to be difficult if you either frequent a US based retailer, or if you do business with customers in the United ... Read More
July 31, 2014Teddy Luben


Once your business is incorporated, you’ll need to set up a way for you to withdraw or transfer your money from one account to another. Chances are, you’re going to try to transfer money either from an online account to your bank account, or from one bank account to another. In ... Read More
July 31, 2014Teddy Luben


Earlier this month, San Diego-based biotechnology firm Lpath Inc. (NASDAQ: LPTN) decided to move their business incorporation from Nevada to Delaware. The company held their annual stockholders meeting on June 27, and an overwhelming majority of stockholders voted for reincorporation "as soon as reasonably practical." This move provides additional perks ... Read More
July 30, 2014Teddy Luben
delaware tax advantages


No corporate state income tax Delaware does not charge corporate state income tax to companies that do not have a physical presence in the state. Delaware charges 8.7% to businesses that operate within the state. Please refer to Section 1902(b) of the Delaware Corporate income tax code for more information. No personal ... Read More
July 29, 2014Teddy Luben
Incorporate in Delaware


Companies that do not have a physical presence within the US or any other state should look at incorporating in Delaware. This includes foreign companies that are looking to establish a presence in the US, internet companies, and companies that control and sell intellectual property. Delaware is a great place to ... Read More
July 24, 2014Teddy Luben


Forming a corporation or LLC can be hugely beneficial to the owners of a company. Inc. Plan can help you decide what is the best course of action for your business. Here is a rundown of some of the benefits of incorporating your company: Protection of Personal assets Forming a corporation or LLC ... Read More
July 23, 2014Teddy Luben
startup checklist


Create a business plan This is the roadmap for your business. It should layout what you expect to accomplish in the one month, six month and one year horizons. You can learn more about creating a business plan on the SBA’s (Small Business Association) website. Choose the business’s name This will be a ... Read More
July 18, 2014Teddy Luben


Any enterprise that does business in multiple countries knows that transferring money between countries can be expensive.  Banks hit customers with expensive service fees and unfavorable exchange rates.  Banks are able to get away with this because no other business until recently was capable of moving money between countries. Transferwise ... Read More
July 7, 2014Teddy Luben


Nest is ready to take over your house.  I don't mean a home invasion, I mean take over thinking about your house/office for you.  Nest is a company that provides improved versions of fire/carbon monoxide detectors and thermostats.  These smart gadgets are self programming to learn your patterns of usage. ... Read More
June 17, 2014Teddy Luben


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