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Author: Randy Worzala

Enhancing Reach: Leveraging Advisory Services for CPA Firms

Today’s CPA firms have the potential to grow their sources of revenue by expanding their service offerings—specifically by offering consulting advisory services in addition to their existing traditional, high-value accounting services. Today’s blog will explore the different ways in which CPA firms can seamlessly integrate advisory services into their portfolios. Our next blog will feature […]

Global Expansion Solutions: Taking Your Business Worldwide

Expanding your company overseas is a large, complex endeavor. A successful approach to global mobility relies on your ability to identify and execute on the proven global expansion strategies that will help you scale your business efficiently while minimizing risk and maintaining a positive employee experience across every country in which you operate. This blog […]

Introduction of Mandatory Auto-enrollment Pension Scheme: Ireland

Ireland is set to introduce a new auto-enrollment pension scheme aimed at increasing retirement savings among workers. This scheme will begin enrolling employees in 2024, with contributions starting in January 2025. The auto-enrollment system will apply to employees aged 23 to 60 who earn over €20,000 annually and are not already in an occupational pension […]

HSP Group Joins the BDO Alliance USA Community

HSP Group Joins the BDO Alliance USA Community HSP Group Joins the BDO Alliance USA Community Tampa, FL – HSP Group is excited to announce it is now providing services to clients and independent members of the BDO Alliance USA, as part of its Vendor Marketing Program. As part of this program, HSP Group will be able […]

Understanding GDPR and Its Impact on Global Expansion

As businesses expand globally, understanding and complying with data protection regulations becomes crucial. The General Data Protection Regulation (GDPR) data privacy law, which has been in effect since 2018, sets the standard for data protection laws worldwide, with strict guidelines and significant penalties for non-compliance. This blog explores the key aspects of GDPR and how […]

How an EoR Differs from a Payroll Company

As businesses expand globally, the responsibility of managing payroll and HR becomes increasingly complex with each country where a company establishes a presence. As part of their global expansion strategy, today’s companies seek to balance the need to have efficient payroll systems and high employee satisfaction while minimizing errors and compliance risks overseas. A critical […]

Global Expansion Hiring in the US: 3 Practical Ideas to Simplify Your Strategy

For many companies, the idea of expanding into a new market can be intimidating. Where would you even start? Although you don’t have to turn too far to garner an opinion on the subject these days, where you turn to for true guidance and expert clarity is a challenge. Recently, the focus on global expansion […]

The State of 2024 Global Expansion Service Providers: Pros and Cons

Getting ready to expand your company into another country is exciting but can also be overwhelming. A key part of your ability to manage your global expansion successfully is how you choose and manage the different services—from employer of record (EoR) or entity set-up to HR and accounting—that you’ll need to start a business in […]

Why Your Business Needs A Global Employer Of Record

Why Your Business Needs A Global Employer Of Record Expanding your business overseas is a critical point in your company’s growth strategy. While global expansion can present your company with untapped opportunities for growth, access to new markets, and increased revenue, the resulting complexity of managing a global workforce can be daunting. Integrating payroll across […]

6 Proven Steps to Create a Successful Global Expansion Strategy

Embarking on a global expansion strategy can be one of the most significant steps your business takes. As the world becomes increasingly interconnected, the opportunities for growth are boundless. However, it is crucial to navigate this complex landscape with a well-defined plan. This guide will cover everything from what global expansion entails to the benefits […]

Think BIG With Your Global Expansion Strategy

If you’re a successful US-headquartered company aiming to expand internationally, it’s a safe bet that the first country you expand into won’t be your last. And yet, too often, I see companies tripping up on their global expansion plans by planning for just that—one country at a time. How do I know? Because these are […]

Expansion 101: The Different Types of Global Expansion Strategies

In this dynamic business environment, there are limitless opportunities for business growth and expansion, with various ways for passionate and thriving businesses to expand into new markets and enhance their operations. But for businesses looking to expand globally for the first time, knowing which global expansion route to take can be an early-on hurdle they […]

What is Entity Management?

Discover the power of entity management with HSP Group. Our blog explores the importance of effective entity management & how it can benefit your business

Tackling 4 Common Global Expansion Challenges with FinTech

Global markets present incredible opportunities. And success stories are everywhere. But even the fastest-growing global companies typically have to overcome quite a few hurdles to thrive internationally. Now, their experiences provide useful lessons for other organizations eyeing cross-border growth. 

How can HSP expand my business globally?

Global People Services and Global Entity Services represent the full suite of solutions helping organizations based in the US and Europe manage their global footprint.

Market Entry Report – Doing Business in Germany

As one of Europe’s largest markets, Germany remains an attractive place for investors from all over the world. The country is an innovative leader across many areas of technology, having a highly qualified workforce and an outstandingly developed infrastructure. SMEs in particular benefit from the well-organized business environment and secure legal climate. Across industries from software to pharmaceuticals, the practical emphasis of effectively […]

Market Entry Report – Doing Business in Brazil

Brazil is geographically the fifth largest country in the world with a predominantly tropical climate. It is the only Portuguese-speaking country in the Americas and the largest Portuguese-speaking country in the world, in addition to being one of the most multicultural and ethnically diverse nations on the planet.