What business to open for an immigrant in the USA
The USA is a country of great opportunities and prospects in business. This is a country where you can easily make money, but it is also easy to lose it. Administrative barriers to starting a business in the United States are easy to overcome.
However, despite all the seeming simplicity, America has its own laws and regulations for aspiring entrepreneurs that must be followed. America is a country that differs significantly from the CIS countries. In order not to climb into someone else's monastery with your charter, you must carefully study all the features of opening and running your business in this country.
How to start a business in America
An entrepreneur wishing to run his business in the United States can use several ways to achieve his goal.
Some people prefer to buy an existing business. This option has both a number of advantages and a number of disadvantages. The advantages include the fact that you do not have to deal with organizational issues, spend your moral strength and money on them. The business is already working, has its own client audience and an established team of employees.
However, when buying a ready-made business, an entrepreneur takes a certain risk, since there is always a possibility that the company has hidden weaknesses that are revealed only in the management process. Whether the entrepreneur who bought the company will be able to “patch up the holes” and prevent the complete decline of the business - this is the risk. In addition, buying a business usually involves investing a fairly large amount of money from the very beginning.
The second option is to purchase a franchise. Usually, buying a franchise requires less startup costs than buying a shelf company. It is beneficial for the franchisor to develop his network, so he will help you with many organizational issues, provide equipment on preferential terms and help with obtaining bank loans, if necessary. However, starting to work on franchising means knowingly agreeing to fulfill all the agreed conditions. You cannot change anything in the structure of the company, in the range of products and in the principles of working with clients. And if the entire network of businesses begins to lose popularity, you will somehow suffer from this recession.
And the last, in our opinion, the most reasonable way to create your own business is to open your own company from scratch. How and in what forms this can be done, read on.
Organizational and legal forms of companies in the United States
When an entrepreneur has already chosen a business idea, the next step on the way to starting his own business is to choose the organizational and legal form of the future company. Each of the existing forms presupposes its own conditions for the existence of a business, and each of them has its own advantages and disadvantages. The most common types of business registration in the United States are:
Individual private companies
Such firms are also called sole proprietorships. As in many other countries, the most common form of small business is the one-person-owned company. This form is most often chosen for doing small business (small retail trade, provision of services with a small territorial coverage), and this choice is quite justified. Individual private companies have a number of simplifications compared to other forms of registration.
The United States has become famous throughout the world for its highly developed and highly organized economy. This country has never experienced a shortage of business ideas, as a huge number of emigrants brought them with them.
It is very profitable to develop and open a business on the territory of this country, but not everything is so simple.
What is in demand in the US
Americans are very strange people - they are ready to pay for the most seemingly ridiculous ideas, and even promote your business all over the world. Take Jobs, who made a phone without buttons - the iPhone is the most popular phone in the world. It would seem, who needs a phone with a small touchscreen without a physical keyboard?
However, it was the Americans who bought up the new phone in a couple of weeks.
Another example is Larry Hall's business - he builds anti-nuclear shelters for individuals. So far, only one shelter for 70 places is being built, one place costs $ 2 million. All 70 places have already been sold out. In addition to these projects, dozens of even more original ones were successfully implemented.
Business Ideas in America
However, what if you don't have such ideas or their implementation requires a lot of capital. Small business in the USA is gaining in popularity today. Here are the most popular destinations today:
These will be the most popular businesses in the US in 2021. However, do not forget that the United States is a country of great opportunities and even the most ridiculous idea can make you a multimillionaire. Do not forget that in America the taxation system is very difficult for a Russian person to understand, therefore, in order not to go into the red, you will have to carefully study this system.
What you need to start a business in the USA
Starting a business in the USA is not such an easy task as it might seem at first glance. Sometimes it is more difficult to open a business in this country than in Russia.
The complexity of the discovery is explained by the fact that the American legislation is more complicated than the Russian one.
The topic of moving to the United States for permanent residence with the launch of your own business is quite popular. At the same time, many believe that opening a business in the United States is easier for a non-resident if you follow a clear algorithm. Is this really so and what difficulties will the Russians face while working and living abroad? We'll figure out.
Small Business - Capital Amounts and Options
Russian expats can try to start at a retail point of sale, including online. A small internet or offline store will start to make a profit if there is no or minimal competition with large corporations. You should definitely not get involved with the sale of shoes, clothing, textiles, and even more so with products of well-known brands.
What business to open in the USA - manufacturing
It makes sense to start your own production with a capital of $ 100 thousand. It is possible for an immigrant to achieve results in America by acting in the direction of creating craft ("craft" - craft) goods or small parts, but with a constant demand for them.
Craft products are goods produced in small batches using unique technologies, or according to an individual recipe. You can experiment with food and beverage, furniture, bags, sports accessories and popular eco-products.
Small parts are what keeps the American market going. Selling parts for which the demand does not fall throughout the year can earn more than selling expensive and respectable goods for an elite buyer. Ideal - a unique part patented by you.
Russian service business in the USA
The goal of opening your own cafe and even more so a restaurant in the USA is ambitious. It is worth taking on the implementation of an idea with capital of $ 300 thousand.
There are several options for the development of events:
- starting a business from scratch;
- buying a franchise of a famous brand;
- buying a working cafe.
More than 300 million people live in the United States - only a very active and productive business can serve, clothe and feed such a number of people. Therefore, it should not be surprising that America became home to a huge number of business ideas, which were then replicated around the world. A good idea can bring billions to an American entrepreneur, since the number of potential buyers in the country is large; in addition, in many areas America is the trendsetter for the rest of the continents.
The idea of using skyscrapers to grow greens and vegetables pushed the demand for organic farming in the United States. The shelf life of natural plant products is short; during delivery, vegetables lose valuable vitamins. Rooftop greenhouses are organized in Canada, South America, Singapore, but it was the Americans who came up with the idea of growing edible herbs using a high-rise building not horizontally, but vertically.
Enthusiasts have installed a device that resembles a Ferris wheel: instead of booths at a vertical farm, trays with plants. The electric drive rotates them, providing uniform watering and light access. Also popular is the idea of growing greens without land at all - using the hydroponic method. In this case, the soil is replaced with mineralized water, which is proposed to be collected during rain in special reservoirs on the roof.
This is interesting! Skyscrapers are located mainly near the coast, so enterprising US residents use abandoned warehouses and factories for organic farms. An example is the agricultural firm FarmedHere in an empty warehouse in Chicago, its owner Iolanta Hardey grows organic greens here.
According to estimates, the yield of 1 square meter of vertical farm is 20 times higher than with the traditional method of plant cultivation. But such a small business requires additional investments - for equipment, electricity, mineral fertilizing. However, urban eco-farms are considered not only popular, but also profitable, because the costs of delivery, staff salaries, chemical fertilizers, heating and irrigation systems are reduced. Plants on an innovative farm grow 2 times faster, and crop losses (due to the elements, pests, temperature changes) are minimized.
The "relative" of the previous concept is a kind of indoor mini-farm, in America they are called phytowalls. Walls of living plants are created in offices, hotel halls, catering establishments - in the latter case, greens can be edible and served on the client's table right from the wall.
The idea spun off from small businesses on vertical farms, replacing potted flowers with vegetation that does not have land. The plant wall works for a positive image of the restaurant (hotel) and oxygenates the air, so the number of customers for the novelty in the United States is growing - this startup promises to become one of the most popular in the near future.
Personalized food business
The principles of healthy eating are actively promoted in America - they also do business with the right food. The novelty of the Chop't cafe is an offer to customers to "design" their own salad. The visitor chooses vegetables, fruits and other ingredients - they are immediately cut into an empty container by the chef and seasoned with sauce. A custom-made fresh salad serves from $ 8 to $ 14.
Other catering establishments are installing small-format ovens with a grate right in the tables so that visitors can prepare a hot meal from fresh pieces of meat or fish on their own. The idea itself comes from Japan, but it managed to become extremely popular in New York restaurants.
Important! It will not be possible to implement the listed ideas with minimal investment, but the business of healthy eating and fresh food is assessed by experts from the USA and Canada as the most promising.
In America, they have been doing business for a long time and there many know how to make it profitable. In this country, non-standard ways of making money, which bring good income, have been flourishing for a long time. Many American entrepreneurs make big money for a long time from fast food stalls, organic food, and even paper dishes for home delivery.
These are, of course, not all ideas developed in America. This country is simply teeming with creative ideas that can be implemented in Russia.
New interesting business ideas from America
American business ideas are mainly focused on factors:
- providing the population with work, that is, employment;
- replenishing the state budget treasury;
- developing the social sphere;
- positive dynamics of growth in economic sectors.
Despite growing public debt, America remains a thriving country. And this is mainly due to the good development of the country's business structure.
Children's mobile toys
Everyone has mobile phones - both children and adults. And there are practically no mobile applications designed for the children's audience.
What is required for the organization:
- Availability of specialized software.
- Experience and skills in child psychology, can be used as an assistant to one of the children or nephews.
- Great desire to work.
As ideas, you can use ready-made children's applications, they can simply be optimized and supplemented with creative nuances. For example, you can use an application that selects cartoons from a specific topic from YouTube.
Creation of a rope park