What is Global Expansion?+
Global Expansion, a subsidiary of Equus Software, uses its award-winning technology to help companies expand globally. Not only do we provide the highest level of compliance and remove the risks associated with entering new markets, but we also make sure the entire process of expanding is seamless and stress-free. The bottom line: you’re free to focus on the other most essential aspects of your business.
What is a PEO?+
A PEO, short for "Professional Employer Organization,” is a valuable partner for any company wanting to expand their business. A PEO acts as a co-employer, or the “Employer of Record,” that manages all HR, Payroll, Tax Compliance and Benefits administration on their client’s behalf. All the company's employees are on the PEO's payroll, but the company still oversees their employees' tasks like usual.
PEOs are especially beneficial for companies wanting to expand to overseas markets, particularly as they begin hiring international employees. A global PEO manages payroll, HR, and benefits for a company with employees in more than one country. This considerably lightens the burden for companies facing challenges when conducting international business.
Who should use a PEO?+
A PEO can be helpful to any company that wants to benefit from outsourcing administrative tasks. Any sized business can use a PEO, but small and medium-sized businesses, in particular, can benefit.
Larger companies can also use a PEO as a straightforward and cost-effective way of expanding internationally. A PEO can help a business break into international markets without setting up a local entity, fast-tracking the process and saving the organization money in the long run.
What is a Global PEO?+
A Global PEO manages administrative tasks like HR, benefits, and payroll for a company with employees in more than one country. A Global PEO also provides entity setup and support, handles global payroll, completes employee background screenings, sources, hires, and onboards talent from abroad, and assists with mergers and acquisitions. They’re also experts in understanding regulations and laws in each area so companies can remain compliant with local legal requirements throughout the hiring and paying processes, ultimately helping companies expand to their fullest potential.
What services do you offer?+
As a Global PEO, Global Expansion already has a presence in 214 countries and territories across the globe. That means we have a proven track record for saving our clients time, money, and frustration by providing accurate and compliant services that help businesses expand worldwide. This is just a partial list of what we can do for you:
- Administer payroll, benefits, and other HR responsibilities
- Conduct employee background screening, including understanding foreign regulations, customs, and laws and verifying foreign credentials
- Handle essential tasks from legal support to taxation
- Hire talent from around the world
- Perform due diligence for the different laws of each country
- Provide employee management services and assist with the hiring and onboarding employees in a timely manner
How can you provide legal assistance?
Our team provides services in 214 countries and territories with a deep understanding of laws and regulations in each one. We provide a handbook that you can use to stay informed on the latest laws and regulations in countries where you've hired employees.
Ultimately, this means your business can get to market quicker while also saving on expansion costs. We take care of risk mitigation, compliance, and benefits so you can focus on other important matters.
How do you help with hiring outside of my country?+
Hiring employees in other countries can be beneficial when wanting to expand to a new market. Instead of sending a current employee abroad to try out a new market, Global Expansion specializes in finding the best local employees to get the job done. Locals are also fluent in the language and can use local resources. Most importantly, this process costs less.
We take care of employee screening and hiring, assist with HR support, and handle global payroll to ensure employees get paid. Because regulations change in each country, we make sure we understand the legal aspects of operating worldwide when hiring employees internationally.
Why should I choose Global Expansion?+
Our goal is to take businesses to the next level. We have offices in the United Kingdom, United States, Portugal, and the Philippines and know the regulations in 214 countries and territories. We‘ve proven we can efficiently provide payroll support, HR services, and taxation for companies of any size. As a result, we can make sure the employees you hire will get paid on time, every time.
Because we make global expansion stress-free for you, your HR departments, executives, finance and legal teams can focus on their core business duties.
What kind of industries does Global Expansion work with?+
Global Expansion works with companies within the financial services sector, FinTech, gaming, industry 4.0, life sciences, manufacturing, natural resources, non-profit and non-government sector, education, private equity and venture capital, professional services, and tech, media and entertainment.
What are the most common challenges in the financial services sector?+
The top challenge companies providing financial services face is a data breach that could result in compromised personal information, including social security numbers, and debit and credit card numbers. Once trust is lost, it’s nearly impossible to regain.
The next biggest struggle is staying updated with the latest technology. Dated systems could lead to frustration for the company, its employees, and their customers. Companies within the financial sector will also face daily challenges handling different financial aspects, including investments, deposits, and acquisitions.
Why should I let Global Expansion handle financial services?+
We make it easier for financial service companies to expand to different countries while remaining compliant. We manage everything from start to finish, including tasks like legal support, taxation, payroll, and HR services. This gives you peace of mind so you can focus on other important business matters.
What kind of challenges do FinTech companies face?+
Security is the biggest challenge for the FinTech industry. These companies want to provide convenient financial options to clients, but this comes with the risk of data breaches that compromise sensitive information.
They must also spend time learning about advanced technology and keep up with the latest tech trends. FinTech companies must address these challenges before they think about expanding globally.
How can Global Expansion help Fintech companies address these challenges?+
At Global Expansion, we understand that FinTech companies want to work with employees outside of their initial country to collaborate on innovative ideas. We can help facilitate this by handling employee screening and the hiring process to help find the best employees. We also assist with other employee-based tasks, such as providing HR support and handling payroll.
Our skilled personnel ensure compliance in different countries, seeing as we have extensive knowledge of rules and regulations in over 200 countries.
What are the challenges the gaming industry faces?+
This fast-paced industry faces challenges in legal regulations. Producing games for people to play worldwide requires expertise on laws in each country around the world. Otherwise, companies could face expensive and time-consuming lawsuits that could keep their business from running business smoothly.
Gaming companies also have to be unique in an oversaturated market. Overcoming these challenges requires set strategies to stand out in the market.
How can Global Expansion help companies in the gaming industry?+
Companies in the gaming industry need to hire professionals who know how to do their jobs well and bring innovative ideas for products to the table. Many other gaming companies hire employees across the world to remain competitive. We can help them hire the best employees and alleviate a lot of other administrative tasks like HR and payroll.
What challenges do Industry 4.0 companies face?+
One of the most significant challenges Industry 4.0 companies face is security. Because the sector is new, there is a high risk of potential attacks that could expose sensitive and confidential materials, especially compared to older industries.
These companies also need to handle the current influx of data as businesses become more reliant on artificial intelligence and automation systems. As a result, they're producing even more data than before.
How can Global Expansion help Industry 4.0 companies?+
To keep up with the ever-evolving competition, industry 4.0 companies need skilled employees with advanced digital experience. We offer award-winning technology to help Industry 4.0 companies build a presence in global markets. We have proven expertise in the setup and support needed to achieve global expansion while remaining compliant with the country's laws.
What challenges do life science companies face?+
Two main challenges that these companies face are conducting research and using it to their advantage. Companies can easily be overwhelmed by the influx of research being conducted in this industry. They also need to ensure compliance while hiring employees in other countries. Regulations change from one country to the next, and many of these companies are not equipped to handle the legal aspects of hiring remotely.
How can you help the life sciences sector?+
We make it easy for life science companies to expand globally. Global Expansion has experts who understand laws around the world. We can also assist with essential tasks in hiring, payroll, employment consulting, and immigration.
No matter the size of the company, we can help life sciences face many challenges, including immigration policies and global payroll. We ensure employees get paid on time and can even help companies find the right employees for the job. Most importantly, we save you time and money.
What are the challenges within the manufacturing industry?+
Manufacturing industries often have trouble finding skilled workers. Finding employees from other countries who can handle these jobs is one solution to filling in these gaps.
Additionally, many of these companies use outdated techniques to manufacture products, adding time to getting the job done. Automation systems can help speed up the process and increase profit.
How can you help manufacturing firms?+
Global Expansion can help manufacturing firms expand globally and help streamline services to increase profit.
We provide global immigration, global payroll, employee background screening, and global employment consulting to make sure your new skilled workers are taken care of. Our staff also knows the regulations in 214 countries and territories to make expanding stress-free.
What are the challenges in the natural resources industry?+
Companies in the natural resources industry face fluctuation of prices due to supply and demand. This leads to challenges getting products to consumers at a reasonable time and price.
Labour shortages are also a challenge for companies in this industry. With limited skilled candidates to get the job done, companies are stressed from the heavy workload. This leads to delays and low productivity amongst current employees. One solution is hiring remote workers from countries across the globe.
How can you help companies in the natural resources industry?+
We know the challenges companies face in the natural resources sector and can simplify the expansion process. It's important for these companies to find qualified workers and to remain compliant when hiring them in other countries. Companies can struggle when doing this themselves as they aren’t knowledgeable on rules and regulations in each country.
Our team at Global Expansion knows the rules and regulations in more than 200 different countries and territories. We ensure clients remain compliant while screening potential employees and handling HR services. Other natural resource companies rely on us to help with mergers and acquisitions, employee benefits, and other tasks to help them successfully expand.
We also help you avoid disruptions during mergers and acquisitions with our transactional solutions. This ensures a smooth and risk-free process.
What challenges do the non-profit and non-governmental sectors face?+
These organizations rely heavily on volunteers to fundraise and provide support. Finding knowledgeable volunteers to complete necessary tasks can be a challenge. They need employees who can keep up with the demands of a fast-paced industry.
The labour shortage also impacts these industries. But, again, hiring outside the country is a possible solution.
How can Global Expansion help non-profit and non-governmental organizations?+
We can hire the right employees to help these organizations raise more funds and get more work done. We make sure our clients understand and apply laws when recruiting employees in different countries to stay compliant in everything they do.
What are the challenges in the education sector?+
Companies in education face challenges when working to a low budget and finding ways to reduce costs. They also struggle to implement new technology and adapt to changes in the economy.
They often do not know the laws and regulations for hiring in different countries.
How can you help companies provide educational services?+
We can help these companies expand globally to save money and streamline their processes. Many others choose Global Expansion to act as an Employer of Record. This means we are responsible for handling things like HR, payroll, immigration, and compliance. We know the regulations in 214 countries and territories, so we know what it takes to remain compliant when hiring in different countries. This way, companies can get assistance with onboarding, employee screening, management, and employee pay.
By letting us take on the global workload, you can take your business to the next level.
What are the challenges in private equity and venture capital companies?+
One challenge for these companies is competition, with many in the industry doing the same thing. They have to differentiate themselves from the rest of the competition. Getting ahead, making wise investments, and growing can be challenging if they're not standing out.
Making the right deals is another challenge. If they're struggling to make wise investments, they will fall behind. Making deals requires research on start-ups before lending capital to them. Research is a crucial step to get the best opportunities since firms will be taking on new talent.
How can you help private equity and venture capital clients?+
We can become the Employer of Record, meaning our team is responsible for legal, compliance, payroll, tax, and HR services. We also keep our clients compliant when hiring talented professionals from different countries.
With help from us, businesses can focus on essential tasks to help with growth instead of worrying about a country's regulations.
What challenges are faced in the professional services sector?+
Many professional services companies need to work on taking a more digital approach. As technology advances, society becomes more dependent on it, so those looking to save time and get more done need to replace outdated strategies and transform their infrastructure.
They also need to hire talented professionals. High employee turnover is not beneficial for this industry and hiring remote workers with the proper skills can help.
How can you help firms that provide professional services?+
We can help firms providing professional services to expand internationally, assisting with things like legal assistance, HR, payroll, compliance, and employee benefits. Outsourcing can save companies time and energy while cutting costs to expand. In addition, we make it easier for these businesses to grow in new markets.
What challenges do tech, media, and entertainment companies face?+
Most companies in these industries need to improve engagement with consumers, adopt new techniques and strategies, and develop content.
Most companies providing tech, media, and entertainment services want to expand worldwide but don't know how to consider different laws globally.
How can you help companies that provide tech, media, and entertainment services?+
As a global business with extensive knowledge and a presence in 214 countries, we can help these companies expand by handling payroll support, HR services, and taxation. This ensures that employees you hire outside of your company's country will get paid on time. Global Expansion can also assist with mergers and acquisitions, completing employee screenings, and providing global employment consulting services.