The United States is not regarded as the land of opportunities for no reason. International businesses of all sizes and across all industries have access to endless opportunities for growth and expansion in this dynamic marketplace. Opening a new branch of your organization or starting a company from scratch in the United States can however, be overwhelming for non-US entrepreneurs.
Our mission at Accountants Without Borders is to show aspiring American business owners how to open a company in the USA as a non-resident, and provide the resources that entrepreneurs need to make their business lucrative. Through careful strategizing and support from business experts in the United States, your new endeavor has great potential to be a success.
Are you an international entrepreneur looking to take your company to new heights by expanding into the United States? If so, continue reading for a few actionable tips on how you can turn your vision into a reality.
Work with a local business consultant
Expanding into an unfamiliar market can be daunting without the support of a local business expert. Working with an experienced consultant in the US will help ensure you meet all of the requirements necessary to operate your organization such as obtaining the proper licensing and business registration. A local business consultant can also help you find the optimal location where your business will be most likely to succeed in the US based on your products and services, your budget for leasing or buying a commercial space, and many other factors.
Expand your team
If you own a large-scale organization with multiple international branches, it is important to hire local personnel in each location to ensure a successful launch. While expanding into the United States, employing an American staff will give your organization a competitive advantage. This is particularly useful if english is not the native language of your executive team. Giving your US clientele the opportunity to communicate with an english-speaking customer support staff will encourage them to select your products and services over similar companies in your industry.
Tailor your products and services to American consumers
Unfortunately, not all international business models translate well to the US market. Even if your organization has found great success in another country, you may need to tailor your products, services, and advertisements to cater to American consumers. Your US business model should be informed by local demand, trends, and culture. Hiring the help of a local business consultant and employing American workers will help you find the most effective ways to adjust your offerings and appeal to prospective US customers.
Strategic tax planning
One of the most important factors to consider when opening a new business or branch of your company in the US is learning how to file taxes, and how to cut costs through strategic tax planning. Our tax consultants at Accountants Without Borders offer the expertise that international entrepreneurs need to minimize tax payments and stay on top of financial planning. Our professionals help navigate the unique financial landscape in the US by finding creative solutions for international business owners who are unfamiliar with how to save on taxes in the US. Ultimately, we will help you avoid any surprises during tax season and suggest the best money-saving strategies, according to your business model.
Every year, international entrepreneurs contemplate how to open a company in the USA as a non-resident. Our team of knowledgeable accountants is here to remove the burden of tax planning so that you can focus on opening your business. Contact us today to find out how we can help your organization expand into new markets.