Archive 07
HSP Access America |
| 13 November, 2007 - High Street Partners Launches HSP Access America™ Service offers accounting, finance and HR services to companies entering the US ANNAPOLIS, Md./BusinessWire —High Street Partners Inc., an international consulting firm providing finance, accounting, compliance and HR assistance to companies with global operations, today announced the launch of HSP Access America™. The new service offers European, Asian and South American businesses expanding into the United States a streamlined way to establish and manage a subsidiary. HSP Access America is an addition to High Street’s signature service offerings, which have already supported more than 100 venture-backed and publicly traded U.S. companies as they set up operations in other countries. Businesses, regardless of origin, face a host of challenges as they expand internationally. Most organizations, especially small-midsize enterprises, lack the resources and expertise to deal with critical issues in each new country they enter. With its global network of local service providers, HSP gives its clients the benefit of specific area knowledge, immediate access to expert services and the most competitive market pricing. HSP handles tasks related to incorporation, accounting, compliance, HR and finance, and allows its clients to focus their energies on growing their business. “High Street Partners helped make our transition to the U.S. market a success,” said Oliver Gajek, co-founder and CEO of Brainloop AG. “HSP provided invaluable expertise, qualified resources and an account manager dedicated to Brainloop. With HSP handling important administrative tasks, such as payroll and compliance, we were able to concentrate on growing our presence as a provider of on-demand secure document management and protection solutions. HSP Access America will be a valuable partner for companies looking to succeed in the U.S.” HSP provides initial set-up services, including proper entity structuring and company incorporation (including requisite state registrations). HSP also helps clients navigate unfamiliar banking, payroll and tax compliance procedures. It then takes care of ongoing finance and administrative needs as they arise, allowing local employees to focus on market entry activities and driving sales growth. In addition to recurring “back office” accounting and administration services, HSP Access America also offers consulting with related needs, provides advice on the various U.S. federal, state and local grants and incentives available to overseas firms, and makes introductions to development agencies, real estate firms, and marketing and public relations contacts. Current economic conditions make the U.S. an attractive target for overseas companies looking to hire resources and enter the largest commercial market in the world. A growing percentage of High Street Partners’ clients are technology companies headquartered in the UK, Continental Europe, South America, India, Japan, China, and elsewhere in the Pacific Rim. “Setting up shop in the U.S. is a goal for both established and emerging businesses in Europe, Asia and South America,” said Larry Harding, president of High Street Partners. “However, doing so in an operationally effective manner, and in compliance with the myriad of federal, state and local requirements, can be daunting for a company not headquartered here. Historically, the burden has been carried by the local team, and the additional responsibilities can divert attention from business development. HSP Access America eliminates this burden in a cost-competitive manner by offering both turn-key services and a personal contact able to work smoothly with the Finance team back at headquarters.” Available immediately, HSP Access America provides an experienced single point of contact for managing client needs, and pairs the client with expert local partners in whatever combination of services the U.S. operation requires. For more information, please visit: www.hsp.com. |
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