Thursday, Dec 4, 5:46 pm

How much does it cost to start a business in the US?

Assuming that it is a wholly-owned subsidiary of a global business physically located at SkySong and that no special circumstances are involved, the cost to form a corporation or limited liability company in either Nevada or Delaware (two of the most common states for corporate/LLC formations) is approximately US$2,500 to US$5,000. This amount includes the filing fees charged by the state of incorporation and an estimate of legal fees for preparing the corporate formation documents and filing forms with the IRS to obtain a tax identification number for the entity.

How long does it take to start a business in the US?

Assuming that a) the entity is a wholly owned subsidiary of a global business physically located at SkySong, b) that no special circumstances are involved and c) the name of the entity, the officers and directors of the entity and appropriate address information are provided to a lawyer, lawyers can prepare the articles of incorporation (for a corporation) or articles of organization (for an LLC) in a matter of days and then file them immediately with the applicable state corporation commission.

How much does it cost to rent a two-bedroom apartment per month?

A nice two-bedroom apartment in the Phoenix area can be rented from US$800 to US$1,200 per month.

How much does it cost to rent a small office at SkySong?

Single desks at SkySong can be rented for between US$350 and US$500 per month. A complete office can be rented for between US$500 and US$1,000 a month.

How much does it cost to hire a sales/marketing representative?

Experienced sales/marketing representatives working on a full-time basis for one company can expect a minimum of US$125,00. Generally, senior professionals also receive benefits that can add between 20 and 35% of the base salary to the total cost. Keep in mind that your company may not require a full-time employee to begin; there are many ways to sell in the US market including distributors, agents and consultants who service multiple clients.