Expanding Business into Other Countries
Companies that face challenges abroad, or foreign-based businesses which require assistance to enter and setting up a company in the US, often pay unnecessary costs and encounter unexpected delays due to insufficient information about confusing laws, regulations and local market standards that differ from country to country, state to state and often city to city.
Our practice group of experienced CFOs solves this. We offer a proven process of assessment and planning to identify the risks and obligations often unfamiliar to companies entering foreign markets. We help companies to establish their foreign offices, with particular expertise in the United States, Europe, Singapore, China, Australia, and New Zealand.
Our consulting CFOs can work alone or gather a team to execute a short-term crucial project or a long-term responsibility. Each consulting CFO has relationships with bankers, attorneys, auditors and specialty service providers who expedite your entry and develop financial processes for scaling your company as it evolves and grows.
We specialize in management reporting processes, company accounting policies and procedures, internal control assessments, ERP-implementations, interim CFO-functionality, CFO services for startups, global internal audit support and transfer pricing support. We often also facilitate strategy planning sessions with your team to align and coordinate everyone’s efforts for success.
Further, we offer an integrated recruiting and staffing service, including a full range of outsourced recruiting services customized to your needs.
Our partners both understand local languages and regional business cultures. With their support, your international venture will be more successful.
Established Foreign Companies
Established foreign businesses understand how to operate a successful business and recognize and appreciate effective financial management. What they need is a local country expert who is both knowledgeable of the relevant financial and human resource management strategies and tactics of the US marketplace. They need a guide that allows them to quickly expand into to the new territory, avoiding the legal and regulatory potholes as we develop the professional and service relationships to realize their US market potential. Or they require a local resource that can provide the high-level knowledge and expertise to support the foreign subsidiary on an interim basis as it is transitioning to the next phase in its growth cycle.
For foreign-born entrepreneurs the situation is similar but not the same as for established foreign business. They are not adapting established successful practices to a new market. Rather, they are developing new practices in a new market usually while applying for a VISA. They need someone to identify and prioritize the most crucial decisions that they must get right the first time from those that are best delayed until the business develops and reveals its true promise and opportunity as well as its obligations. Someone who can anticipate needs as well as find solutions, and prioritize them, advising on when to best execute.
Established US Companies
Established US businesses understand that they operate in a global market place and the expertise to move effectively outside of the US is often not found in the full-time management team. What they need is an expert who is both knowledgeable of the relevant financial, tax and human resource management strategies and a network of professional relationships for the target marketplaces. They need a guide that allows them to quickly expand into to the new territory avoiding the legal and regulatory potholes as we as develop the professional and service relationships to realize their market potential outside of the US. Or they require an experienced global resource that can provide the high-level knowledge and expertise to support the foreign subsidiary on an interim basis as it is transitioning to the next phase in its growth cycle.