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Planning to open your own American office?
You should consider the following expenses.
There are several areas for which you should budget: office, technology, operations, and personnel expenses, just to name a few.
While every company is different, there are a few things that will be common throughout. It is not easy to come up with an apples-to-apples comparison between opening your own office and outsourcing this project. However, the following list will provide a good, basic idea of the areas requiring financial investment.
We welcome your questions and are prepared to help you determine which market-entry method is the most effective for your company and your requirements. Feel free to contact us at info@americanagent.com or call us at USA/312.396.4150
Office Related Expenses
Incorporation
Government, State and local taxes
Licenses to operate
Initial Security Deposit
Monthly Rent
Liability insurance
Theft insurance
Maintenance Support
Security Alarm / company fees
Fire prevention equipment
Painting / signs / misc. work
Electric
Heat
Air Conditioning
Water/Sewage
Individual computer table / desk
Chairs and file cabinets
Lounge/reception furniture
Conference room furniture
Office supplies
Technology Related Expenses
Computers
LAN / Network
Printers
Overhead projector
Other peripherals
Fax machine equipment
Telephone equipment / system
Monthly Fax and Telephone cost
1-800 number
Software and licenses
Operations
Below expenses need to be considered for each employee separately.
Relocating current employees overseas / Hiring local employees in
the U.S.
International travel
Salaries
Commissions
Bonuses
Benefits
FICA/FUTA
State taxes
Unemployment insurance
Health insurance
Life insurance
Disability insurance
Workers compensation
401K / Retirement benefits
Paid vacation
Benefits maintenance & reporting.
Business travel (Rental car, Hotel, Meals, Parking
Mobile phone expenses
Prospect entertainment
Company's financial investment for Employees orientation period
(can be as much as 1/3 of the salary as time lost during the first
Quarter)
Employee training/meetings
Health Club / other additional benefits
Business seminars and events
Additional
Marketing related expenses (Consultation, material costs, mailing
costs, etc.)
Advertising
Accounting
Legal consultation
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