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It’s easy to see why you want to start doing business in the United States; attractive business laws, a stable government, a large workforce and consumer base, and most importantly, the biggest economy in the world. The US economy is overwhelmingly small businesses, having 30.2 million small businesses making up 99.9% of companies! Clearly then, the US is the place to be for new and small businesses.
But often that is easier said than done. Of all the small businesses that were started in 2014, only 56% made it through to their 5th year (2018). That’s where Foothold America come in. They have years of experience in setting up subsidiaries and hiring employees in America, and have created a handy guide to operating in the states. The guide looks at:
- Routes to setting up a business in America, including forming an American subsidiary
- The pros and cons of the different options, times when subsidiary is the only way to go and indications of costs attached to different options
- Benefits American employees will expect and costings of them
- Advantages and disadvantages of establishing your business in different states
As well as this, the guide touches on visa information, money considerations and a cheat sheet to American business culture. Below is a short break down of the guide:
Infographic by Foothold America
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