From May 1st-4th 2023, 4,900 attendees spanning a variety of sectors and 83 international markets, descended on the Gaylord National Resort and Convention Center in Maryland to attend the 2023 SelectUSA Investment Summit. With over 2,300 foreign investors in attendance, as well as 230+ speakers, US Governors and Top White House Senior Advisors, the event provided an unprecedented opportunity for international businesses to witness the potential for growth, business investment and opportunity that awaits them in the USA.
Reflecting on the event, Foothold America President & CEO Joanne Farquharson noted:
Over the course of the week, we had the opportunity to speak with dozens of entrepreneurs, venture capitalists, and state economic development representatives to discuss the many ways in which Foothold America can support companies’ successful expansion and scaling in the US. We give our sincere thanks to the US Department of Commerce not only for recognizing the importance of Foreign Direct Investment (FDI) but for creating a first-class event in which to enable it.
How can Foothold America support your business growth in the US?
At Foothold America, we value the individuality of your business. We know that your employees, your beliefs and your objectives are unlike any other, which is why we created three bespoke core services – Employee Management Service (EMS), People Partnership Service (PPS), and Entity-Set-Up, designed to meet your business where it currently is, and support its growth and expansion in the US. And whilst the particulars of the services may vary, one thing remains unchanged– the unwavering and personalised support we offer to you and your business at this pivotal moment and beyond.
Our Services explained:
Employer of Record Service (EMS)
Our US Employer of Record Service, also known as EMS, offers a tailored cost-effective solution for your company to have a legitimate US presence with employees anywhere in the country in as little as one week without the cost and complexity of setting up a US entity. As the Employer of Record, Foothold America hires a workforce to represent you, giving you access to the right people to unlock your US expansion.
US People Partnership Service (PPS)
With the highest GDP in the world, there’s no doubt that the US is a top destination for business leaders and global companies looking to grow their business and secure investment opportunities. And whilst the benefits of expanding to the US are vast, so are the penalties for non-compliance with various laws and regulations at a national and local level. We created our People Partnership Service (PPS) to help you navigate the process of setting up your US entity, becoming the direct employer of record, onboarding US employees, and managing the complex operational and HR processes of doing business in America. With a dedicated HR Manager on hand, ensuring you stay compliant and steer clear of common pitfalls, our People Partnership Service (PPS) is a great option for international companies looking to conquer the US market with absolute peace of mind.
Not sure which service is right for you? Try our Service Calculator!
We know that the decision to grow your business or to expand into a new market can feel daunting. Our Service Calculator was designed to help you remove the complexity out of deciding which route into the US will work best for your business.
The Service Calculator examines the below areas, and based on your answers, establishes the best way for Foothold America to assist you with US business expansion:
- Employment structure
- US market commitments
- Banking requirements
- Business location
- Office requirements