2. BUSINESS ROADMAP EUROPE - USA
Business Potential and Challenges
USA is 27.5 times bigger than Germany
Germany fits more than 2 x into the State of Texas
Traveling from California to NYC by car takes almost 44 hours
without stop and traffic
Along this travel you pass several time zones (PST, MST, CST and EST).
Be prepared!
The U.S. GDP is 5 times as much as that of Germany
Just the State of California is ranked number 10 of the biggest
world economy in 2012
3. BUSINESS ROADMAP EUROPE - USA
Business Potential and Challenges
The U.S. population of 318 Mio as per 2013 census.
Compared to the EU with a total population of
502 Mio, the USA has still as many people as
Germany, France, UK, Italy and Spain
all together.
18 Million people live in the Los Angeles
metropolitan area.
4. BUSINESS ROADMAP EUROPE - USA
Business Potential and Challenges
Different consumer behavior compared to
European countries. (Online, Restaurants)
Business models that work in Europe don’t
necessarily work in the USA.
Distribution and Logistic ( Within 2 hours from
35° Celsius down to 0° Celsius, many goods have
to be shipped long distance)
5. BUSINESS ROADMAP EUROPE - USA
Topics for Decision Making Process
Internal Agreement on Business Expansion
Market intelligence for related industry!!!
Necessary internal capacities (Manpower,
Communication…)
Managers and employees who are
willing to travel and maybe relocate.
A business expansion is a mid-term or even
long-term commitment (it will fail if expectations
are based on a 6 months success)
6. BUSINESS ROADMAP EUROPE - USA
Topics for Decision Making Process
What is the best strategy?
Establishing a new branch or subsidiary?
Acquisition of an existing business/company (M&A)
Setup of a sales – and distribution organization
Setup a manufacturing / assembly facility
R&D / Software development
Establishing partnerships for product sales
Business Model – USA???
7. BUSINESS ROADMAP EUROPE - USA
Topics for Decision Making Process
What company form?
Limited Liability Company (LLC)
Corporation (Inc.)
Non – Profit
Get our online recommendation
at www.lpi-consulting.com/services/company-setup
8. BUSINESS ROADMAP EUROPE - USA
Topics for Decision Making Process
Location
Infrastructure (Airport, Railway, Highway, Port)
Labor Force (Education, Wages/Salaries,
Availability)
Business ECOsystem (Environment, Permits,
Certifications/Verifications, Industry Cluster)
Foreign Trade Zone, Enterprise Zone
And more…..
9. BUSINESS ROADMAP EUROPE - USA
Planning Phase - Business plan
Sales Strategy / Marketing Strategy
Direct Sales (Sales force)
Indirect Sales (Distributors, Networks, Retailer)
Combination of Direct and Indirect Sales (Caution!)
Internet Sales (Affiliates, Website - Shop)
Franchise
10. BUSINESS ROADMAP EUROPE - USA
Planning Phase - Business plan
Financial Plan USA (1-3 years)
Forecast
Budget
Cash Flow
Investment Plan
Investment (Equity, Loan, Debt…)
Venture Capital
Angel Investor
Private Equity
11. BUSINESS ROADMAP EUROPE - USA
Execution
Location ( New company branch )
Office, Manufacturing plant, Warehouse,
Lease agreement, buying real estate, deposits..
Telecommunication (Mobile Phone, Land Line, Internet)
Security / Safety at workplace (OSHA)
Office furniture, IT, warehouse shelving, forklift
tools, machines, other equipment etc.
Transportation (company cars, vans etc.)
12. BUSINESS ROADMAP EUROPE - USA
Execution
Company Setup
Company registration with the State
Permits / Business license
Registration with FTB, IRS, EDD etc.
Sellers Permit (Retailer)
Company process setup
Hiring employees (process)
And, and, and.....
13. BUSINESS ROADMAP EUROPE - USA
Execution
Banks / Capital
US Banking System (National Banks, State Banks)
Setup company account, credit cards, online banking
Cash Management (Payroll, Checks, Credit Cards etc.)
International Transfer of Funds
Loans, Financial Support Programs by Federal, State,
and County, Incentives,
Investors ( see separate presentation)
14. BUSINESS ROADMAP EUROPE - USA
Execution
Employees
Hiring process, avoiding common
pitfalls (Discrimination), labor law
Employee Manual
Federal regulations minimum wage
„Hire and Fire“ Mentality
Safety at the workplace
Background check
Employment agreements
15. BUSINESS ROADMAP EUROPE - USA
Execution
Taxes / Fees / CPA
Company tax, tax schedule
Property tax
Federal and State income tax
Sales tax (State, County, City)
Other taxes and fees (Telephone,
Energy, Bank fees and more..
Do you need a tax attorney, CPA
or just an accountant?
16. BUSINESS ROADMAP EUROPE - USA
Special Topics
Immigration and Relocation
There are 2 Types of Employee based Immigration
Immigrant Visa (Greencard)
Non – Immigrant Visa (Work - Visa)
EB -5 Visa – for investors
EB -1 Visa – for extraordinary accomplishments, i.e. Professors,
Scientists, Executives / Manager
EB -2 Visa – Employer sponsored Visa i.e. specialists, engineers
17. BUSINESS ROADMAP EUROPE - USA
Special Topics
Mergers & Acquisitions (Fast Track to enter the U.S. - Market)
How to buy a U.S. business?
A typical process to grow fast
Transition phase (critical!)
Separate presentation about M&A
in the USA
Visit our website at www.LPI-consulting/M&A/
18. BUSINESS ROADMAP EUROPE - USA
Special Topics
Investments
Venture Capitalist (VC)
Private Equity (PE)
Angel Investors (AI)
Crowdfunding
19. BUSINESS ROADMAP EUROPE - USA
Special Topics
Cultural Differences
Business cultural
Stereotypes
Always underestimated topic
20. We offer more detailed information about your specific
industry on request!
Send your request by clicking on this link and you will
get redirected to our website!
Email: Lutz.Lehmann@LPI-Consulting.com
Internet: www.LPI-Consulting.com
21. Lehmann & Partner International
Lutz Lehmann / President
Ventura, CA 93001
Telephone: +001(310)359-2360
Email: Lutz.Lehmann@LPI-Consulting.com
Internet: www.LPI-Consulting.com