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Now is the time to enter the US market and sell your products and services

Some have said that the Trump Administration has made the US a hostile place to do business for foreign companies. The political opposition says the threat of tariffs and trade wars is creating uncertainty in global markets and is not good for the US economy. Those who call themselves “traditional free traders” have sided with Trump’s political opposition, at least temporarily. Personally, I see the opposite.

First, I see more foreign money coming into the US market to take advantage of low corporate tax rate opportunities and as a way to avoid potential tariffs. Furthermore, I see the temporary tariffs as a shot on the bow that the US will not play with unbalanced trade agreements or the lack of fair trade agreements. These temporary trade tariffs will bring billions into US government coffers while trade negotiations take place, and our foreign counterparts will rush back to the table to renegotiate with more favorable terms. No international company wants to skip the US market, it’s too big and there’s too much money here.

Why should companies move their operations to the US and set up shop here?

The United States of America is the largest consumer market on the planet. In 2016 and then again in 2017, the US consumer market alone was almost $13 trillion, and that’s not another trillion or two in unreported sales: cash transactions in the underground economy, which includes everything , from a lemon stand for children or a maid to a handyman remodeling a kitchen. And, keep in mind that between 13 and 15 trillion, this is just the “consumer economy” and has nothing to do with what companies or the US government spend on an annual basis.

The Federal Government, not including state and local governments, has a budget of $4 trillion. State governments add up to an estimated $2 trillion and all local governments combined also close to $2 trillion. Total government spending for fiscal year 2018 is estimated to be around $7.5 trillion. Guess how much American companies spent in 2017? It’s so big that nobody can understand it, it’s so amazing that it makes the rest of the world’s economies look like child’s play. Did you know that 2018 business spending is already on track for a 7% increase, even with the so-called trade war scare?

The United States is not only the largest consumer economy by far, but it is also the largest in government and business spending, and second place is nowhere near it. If you’re not in the US market selling your products and services, you’re missing out. Are you ready to go for it? If so, there are plenty of US-based international business consultants here who are ready and willing to help you get set up. Here are some of the things you’ll need to enter the largest market in human history;

• Business plan
• Marketing plan
• Set Up Books – Accounting
• Business name registration
• Acquisition of commercial license
• Business/Commercial Insurance
• Website with email addresses
• Tax Strategy and Tax Planning
• Set Up Books – Bookkeeping/Accounting
• Business location and rental/lease negotiation
• Commercial Corporation Training
• Setting up bank accounts (business checking account)
• Startup Coaching
• Startup Marketing Consulting

If you own a business that sells internationally, you’ll now need a base of operations in the US, and you’d be wise, very wise to do so as soon as possible to take advantage of this booming economy.