Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
Going Global – The Bottom Line of International Expansion
• Prepare an accurate budget for international expansion
• Understand how your staffing costs will vary country-to-country
• Compare regional tax issues and regulatory compliance requirements
After attending this event you will be able to:
Learning Objectives
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Welcome to Proformative
Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
Going Global – The Bottom Line of International ExpansionLarry Harding, Vice Chairman and Executive Director, Radius
Today’s Program Speakers
Larry HardingVice Chairman and Executive Director, Radius• EY Entrepreneur Of The Year Award Winner
in 2013 (MD region) • Former VP International Finance, Ciena Corp.• Licensed CPA (MA)• BS in Economics, with a dual major in Finance
and Accounting, from the Wharton School, University of Pennsylvania
About RADIUS
RADIUS – Global Growth ExpertsRadius helps businesses move into new markets, manage overseas operations and outsource entire global accounting and administrative functions.
OverseasConnect– a cloud-based software platform that allows you to manage all of your global operations from your desk
Services include:
• International accounting
• Finance
• Banking
• Tax
• HR
• Legal
• Compliance services
WHEN CONSIDERING OVERSEAS EXPANSION, FIGURING OUT COSTS IS A TOP
PRIORITY
What’s the Bottom Line?
CHAPTER 4: WHAT’S THE BOTTOM LINE?
Expenses to Consider When Budgeting for Overseas Expansion
Reliable estimates justify international expansion
Allows you to compare investment and return in different countries
Enables you to set profit and loss (P&L) goals
Why Get Cost Estimates?
THROUGH HIDDEN COSTS THAT YOU DON’T EXPECT AND PENALTIES FOR DOING THINGS WRONG, IT
BECOMES CLEAR THAT THE PROCESS WILL BE MORE CUMBERSOME THAN EXPECTED
Budgeting Surprises
Overseas offices will be more expensive anywhere you go
Basics like staffing, services, and office space will vary from country to country
Tax issues and compliance requirements vary, and penalties may be generated unexpectedly
Employer social costs are often much greater than expected
Examples Of Budgeting Surprises
Thank you for your interest in this presentation. View the on-demand webinar or download the full
presentation at:www.Proformative.com
Going Global – The Bottom Line of International Expansion
