Entrepreneurs in the United States and abroad dream of starting a business in the States. Starting a business is an exciting venture, but there are things you should do in advance, such as knowing the legal steps you should take to ensure that your business is operating according to the laws in the country.
Businesses in almost every market can thrive in the U.S. because consumers in the United States enjoy making purchases for leisurely and professional purposes. If you don’t have a common niche, your businesses can make even more money in the U.S. by introducing new products/ unique services to the public.
While it may seem challenging at first, starting your business in the U.S. will be well worth it. It’s also worth noting that the numerous resources available to new businesses are one of the aspects entrepreneurs appreciate most when starting their businesses in the US. If you’re ready to create your company in the United States, here are some of the main things you will need.
A Business Plan
A solid business plan serves many purposes and shows that you are serious about expanding your business for the years to come. Business plans allow you to write out the mission and direction of your business along with goals that need to be achieved within a specific time frame. Your business plan is also something you can present to potential partners and sponsors who may be willing to work with you or contribute funds to your business venture.
A business plan is also beneficial for branding. Proper branding is essential to a profitable business because your services must be unique, align with your company values, and be easily recognizable to attract loyal customers. As you’re marketing, building your website, and selling to customers, you can reference your business plan to be sure that you’re staying on track with the company vision and goals. You can also use the company plan to help train your employees when showing them what your business stands for and setting sales goals for the team.
The Right Legal Structure
Will your business be an LLC or a C Corp? This is an important question to consider when you are licensing your business in the United States because it will affect taxation and financial transactions. If you’re not sure what’s best for business, there are many consultants and professionals who specialize in helping residents and foreign entrepreneurs get their company running in America without encountering any legal roadblocks.
U.S. Toll-Free Numbers
Whether you’re starting a business within the U.S. or in a different country, you will likely need virtual phone numbers, and these numbers should be customized as U.S. toll free numbers. U.S. toll-free numbers allow you to do the following:
- Take incoming calls and place outgoing calls
- Create extensions for employees and customer service lines
- Monitor marketing campaigns
- Strategize using vanity phone numbers
- … and much more
In fact, U.S. toll-free numbers with a vanity line are easiest to remember, and there are never any fees for calling long distance. Customers also enjoy the added benefit of calling toll free numbers and being immediately directed to an extension where an employee with specialized knowledge can help. This process is much more effective than waiting for someone to take your call who may not know how to solve your problems.
A Remote Team
After starting your business, you’ll probably need to hire employees as your business grows. This is another instance when your virtual phone systems will come in handy. Virtual phone lines will allow you to go outside the confines of your local area to recruit top talent in different cities and countries.
Virtual phone numbers from companies like Global Call Forwarding can also be used for the interview process before hiring the top candidates. Once you’ve selected your team members, assign extension lines to allow them to receive calls and address specific matters related to their area of expertise.
In the event that employees need to reach you for emergencies, you should be available to help. Still, some of your remote workers may not be able to call your personal line directly depending on their location. Therefore, it’s recommended to have your own toll free extension line (as the business owner) as a courtesy for your team and other valuable business connections.