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*This should never be complete, please contact me below to provide feedback and suggest updates.
This guide is a reflection of the experience Hunter Watkin had in setting up Visory’s US operations, combined with conversations with teams that have semi-recently commenced business in the United States themselves.
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Get in Contact Author: Hunter Watkin Role: Growth & CX Lead @ Visory Work email: [email protected] Personal email: [email protected] Whatsapp: +61 407 163 901 US Mobile: +1 917 915 0691 📣 If you are planning, or are in the process of expansion to the US and have questions on the below, I’d love to chat! Book some time.
https://calendly.com/hunter-watkin-getvisory/30min
The unavoidable cost of US market entry is somewhere between US$10k and $50k, depending on your existing circumstances and how thorough you want to be.
There are fixed costs which include but are not limited to: incorporation or Employer of Record establishment, state tax registration, registered agent setup (if you’re not establishing a physical office), as well as review of and updates to employment agreements, policies, equity plans, IP, website infrastructure, and insurances. There are also variable costs per employee such as visas.
You then have ongoing costs such as back-office services, payroll and sales taxes, employee benefits and related insurances, registered office and authorised officer services, rent where applicable, and company tax and filing costs.
However, the main costs you’ll face are the time it takes to coordinate it all and, as I've learned from peers, the lasting effects of any poor decisions made during that process.
That’s what this guide seeks to minimise. There are three parts: A. Company Jobs-to-be-done B. Individual Jobs-to-be-done C. A detailed list of folks that can help