If you are Latino and want to start a business in North America, but perhaps you still do not have enough momentum to start, in this article you will learn about the 10 benefits of creating a company in the United States.
Not for nothing, the United States is still considered by many the “Land of the American Dream”, so there must be unique benefits and opportunities to undertake in this country.
In this article, then, we will explore together some of the most attractive advantages of having a company born in this country.
Benefits of creating a company in the United States:
This country offers a wide variety of benefits for locals or foreigners to decide to start a business in any of the federal states.
And it is that the United States is the cradle of much of the food that is eaten around the world.
Fast food chains, soft drinks, delicious chocolates and milkshakes, prosperous business models and much more have their origin in the rich nation that has a welcoming environment for any entrepreneur.
The United States therefore has a solid economy that is protected by a strong tax and judicial system that will protect you if you start your business and that will allow you to expand in a stable and effective way both inside and outside the North American territory.
Here are the 10 benefits of creating a company in the United States:
1. The ease of setting up a company from scratch
The United States is a country that is characterized by offering many opportunities for those who decide to invest capital in this country, both domestic and foreign.
One of these great advantages is how relatively easy it is to open a company in any state.
With just 10 steps, as this simple tutorial will show you, you could get your business up and running in just a few weeks.
Also, if you belong to the Hispanic community or are a woman, you could count on additional economic incentives to bring your entrepreneurial idea to reality. If you want more information enter through this official link.
2. Tax incentives in any of its states
The US government offers discounts of up to 20% on the advance payment of income taxes.
Additionally, you can enjoy tax incentives for energy savings or donations to NGOs or other charitable institutions in both local and federal taxes.
3. You have a large national audience
In the United States there are at least 300 million inhabitants – in addition to an average of 80 million people who visit it each year.
Thanks to this, you have a wide audience located throughout this nation that will want to purchase your products or services.
Additionally, its purchasing power and ease of access to resources make this country one of the most attractive markets worldwide.
4. Government protection for small business
Both the tax and legal structure of the United States is focused on protecting its small entrepreneurs and entrepreneurs.
Government organizations like the Federal Small Business Agency (SBA) They have offices that offer advice to small entrepreneurs so that they can turn their business idea into a successful company from the beginning.
In addition to the CFPB’s Fair Access to Small Business Credit program and Disaster Protection Programs that make sure you can keep your business afloat even in the most demanding times.
5. The United States, one of the most consuming countries in the world
With one of the highest GDP per capita on the planet of $37,661, in addition to having a growing industry and technology sector in continuous development, the United States is one of the most important countries in terms of world consumption.
At least $20 billion dollars a year are spent on the consumption of various goods and services – 42% of total world consumption -, money invested by working American citizens.
This implies that with good product engineering and after-sales service, you can enjoy a wide profit margin in your company.
6. Your business will have an international projection
By simply establishing your company’s headquarters in the United States, many potential partners or investors will feel confidence and support doing business with your company.
This happens because North America has a great international reputation, which makes potential investors feel safe to establish business relationships with you.
Although there are exceptions to the rule, companies established in the United States are synonymous with prestige, quality, competitiveness, technology and innovation throughout the world.
7. Great opportunities to make your business successful
The United States has a highly technological environment in which at least 36% of its expenses are devoted to continuous improvement.
It also has a population of almost 320 million people from various parts of the planet.
Undoubtedly, the United States represents the ideal incubator for entrepreneurs to obtain both government support, financial support and qualified labor to make their business flourish.
8. Greater probability of opening branches in other countries
When a business succeeds in the United States, it is likely to succeed around the world.
Why? Because financial strength, high market competitiveness and rapid technological progress make people and companies from other countries want to be part of the economic dynamics of this nation.
In this way, the United States gives confidence to your personal brand.
9. Strict legislation on patent issues
The United States ranks as the world leader in innovation with the largest number of registered patents, and technology companies in the form of Startups.
In addition to this, it has a robust legal system that has been perfected throughout its history and that offers protection to both your intellectual and industrial property.
Finally, North America has a solid system of incubators and universities focused on world-leading technological, scientific and medical innovation.
10. Access to financing
The United States has a broad, robust and diverse financial system, made up of banks, investment or risk firms, as well as investor associations that are responsible for offering various financing systems for different business models, their size and requirements.
This means a substantial advantage over other countries and will give you more opportunities to establish and expand your business.
Invest your money well and create a company in the United States:
This is a good time to take an in-depth look at what you would like to do with your investments, how to explore new markets, and even smartly expand your business.
These 10 benefits of creating a company in the United States will give you a clear picture to encourage you to do so.
Continue reading: 10 Benefits of traveling to Canada for study or business