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Background A leading UK based international manufacturer of filtration, drying and containment equipment used in the pharmaceutical, biopharmaceutical, chemical industry was looking to expand their business in India and approached TMG Advisory in order to help them determine the best entry strategy to increase their sales.
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Total Posts: 4 Last post by Ravikumar
Starting a business abroad can be more arduous than establishing one at home for obvious reasons. But of course, there are many advantages.
Times have changed. With the help of the internet, a spouse can now easily learn well before she leaves home all sorts of information about the country her family is headed for: customs, history, what foods she will feed her family, or what clothes to bring.
A multimillion chance in Southern Africa for European IT / Communications Companies
For professional makeup artist, MaryAnn Richardson, applying makeup is such a regular occurrence she could do it in her sleep. Having graduated from the prestigious Jemma Kidd School of Makeup in London, and later with honours from the globally recognised Blanche Macdonald Centre in Canada, MaryAnn now has more than five years industry experience. Her impressive client list spans advertising, editorial and TV and includes; Elle, Channel 5 News and The Perfect Wedding.
I enjoy being an expat and feel equally at home here as I do back in Australia. I am not sure you can ever stop being an expat once you have been one for as long as I have: you are never totally "in" no matter where you live, not even back in your home town or home country.
Australians market themselves especially well. Now, I'm not talking specifically about tourism or other forms of literal marketing, but rather the overall communications. They have created a vast sense of national pride and a global perception of being a relocation idyll.
Being a determined and persistent person I decided to keep going and in the midst of these bad people I discovered some decent ones, in particular Sean Trafford who gave me great help in finding a genuine lawyer who is well respected and runs 4 universities in North East Brazil and an accountant friend of this lawyer. I was also introduced to an Italian developer with over 20 years construction experience who had been living in Brazil for 7 years and was married to a Brazilian lady.
The first, and most difficult step, was recruiting a suitable person to run our US office. As recruiters ourselves, we recognize the difficulty and importance of finding the 'right' people.
What I can say is that, if you are planning to start a home-business in Canada, you need to plan, plan, plan! It all starts with a good or passionate idea. It was only last year when I came to Vancouver, Canada, to start my cosmetics business. It's only small, and I work from home.
Over the last few years GM has assisted many companies in the UK and Continental Europe with the opening of their offices in Sydney, Melbourne, and Perth.
"We used KB&Co to assist in the legal and accounting aspects of the set-up of our new UK company. The staff were most helpful and performed their duties in a timely and accurate manner. KB&Co is now our “accounting arm” in the UK administering four employees and taking care of not only payroll, tax and filings but also the payment of all office-related invoices."
Entrepreneur Louis Barnett is no ordinary 19 year old. He set up his company, Chokolit, at the age of 12, and became the youngest ever supplier to Waitrose at 13, Sainsbury?s at 14 and Selfridges at 15.
Things could be perfect at home, and then ambition gets in the way. Even though my promotions company in the UK was flourishing, I was still looking for a new challenge. Growing up in Weston-super-Mare, I had a lovely life by the sea, donkey rides on the beach... but it just wasn't enough.
For the year I was in Italy, my difficulties were in my weak language skills and being a single female out in the world. It takes a bit of adapting anywhere, even in these contemporary times.
When 22 year old Aaron Jones took a 10 week sabbatical in 2010 to teach children in North India before starting university, the experience affected him profoundly and inspired him to set up his business, Fikay, which would help support struggling communities.
Naturally, there are things I miss. Like soap operas! And of course I dearly miss my friends and family, but telephones and webcams make things a lot less painful. I think American, for us, is long-term prospect.
Do not attempt to duplicate what you left behind; you will never be satisfied. You have to be open-minded and keep a smile on your face.
Toorna discusses her forthcoming move to France. My partner Duncan and I attended one of your exhibitions last year. Although we haven't yet started the business, we are about to do so this year. We met one of the exhibitors, French Property Angels, which spurred us on to following our dream of setting up a chalet business in the Alps.
Setting up in Dubai isn't without its problems. There are a few essential issues to be wary of. Read about Ben as he jumps at an opportunity to replicate his success in direct marketing from Plymouth to Dubai.
It may seem like a giant leap to you, but trust me, it didn't to us. Our initial venture consisted of a few plots of land, a camera and a gap in the market. Now it's an office, 14 properties, and 11 more on the way.
Background Our client, one of the leading agro-machinery manufacturers in South India planned to expand their product range by adding innovative and modern products into their portfolio. The company was already running well and was at a stage where it wanted to join the bigger players in agro-machinery business
I used to run a cafe in the UK, so took all I knew and set up in New Zealand. It was a new beginning, the perfect way to compliment the big changes that were happening in my life. But business has been thriving, and thankfully, I had a smooth transition.
If like us, you run a business that is affected by season, then make sure you either have some good marketing ideas or a back up plan! Read about Ron as he takes his dream of running a restaurant to Cyprus.
Background A leading UK based international manufacturer of filtration, drying and containment equipment used in the pharmaceutical, biopharmaceutical, chemical industry was looking to expand their business in India and approached TMG Advisory in order to help them determine the best entry strategy to increase their sales.
Don't lose inspiration. You're going to feel awfully stressed and even depressed every so often. That kind of money doesn't take long to run out. Read up on other entrepreneurs' stories.
I found operating a company in Spain not to be the easiest. The first couple of years are especially tough. Advertising and influx of customers and clients is generally based on word-of-mouth and the time for your company to nurture and become recognised should not be understated.
New chapters are obviously never easy, and unearthing yourself from the comfort of familiarity is hard enough. But attempting to plant yourself in the stubborn soil of unfamiliarity is a different story altogether.
"We have used KB&Co who not only specialise in the foreign company space, but also go beyond core accounting and tax and offer services in start-up advice, HR and payroll services. They’ve been helpful with tips and recommendations to business enablers and provided a friendly, local ‘shoulder’."
Background Our client, one of the major European pharmaceutical companies with an existing product range in Central Europe, considered finding new partners to help them market and distribute their products in India. The client wanted to find out which companies meeting their initial requirements would be interested in potential cooperation.
Knowing the culture and language of Argentina is, if I'm honest, vital to success. Don't delude yourself with visions of grandeur and success, because if you don't know the culture, you don't know your market. And if you don't know your market, you don't know your opportunities.
Business visa application
Awards and accolades
Awards and Accolades
Awards and accolades
Awards and accolades
Awards and accolades
Murray suggested we take our venture overseas. Probably the best idea he's ever had actually. And there was one place where we knew our business would thrive: Amsterdam.
Starting a foreign business allowed me to gain a wealth of invaluable experience that I may never have obtained had I stayed working for someone else. Read about Derek taking the most of the opportunity as he risks time and money going to the USA to follow his dream.
As a company, we have found the best aspects of starting a business and working overseas is the opportunity for discovering new and exciting places, and learning new ways of working. Having to design unique and diverse solutions for clients: this often means a balancing act of working within local and cultural parameters, yet keeping up a world class appearance.
As a service provider and tax advisor we face daily requests for information concerning taxation of interest. Although each case is individual we have specialist knowledge in enable us to answer clients efficiently and effectively. Below is an outline regarding the taxation of interest in Singapore along with a case study to demonstrate how in practice these principles are implemented.
French bureaucracy is a mine field so we sought help from a French accountant. He explained the process of registering our business, where we should go to register the business as there are many Government organisations who deal with different company types, as well as other very useful advice about taxation.
Midlands based company who specialise in exterior facade materials. In this particular case pre cut French limestone and US made decorative bricks.
German energy company with large UK operation (over 3000 employees) in the South of England
Our client, one of the well known and largest catalog companies in USA, who were already sourcing from India, were looking for something unique in the field of traditional Indian handicrafts.
Case studies documenting UK entrepreneurs aquiring US visas and green cards.
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