Iron Heart - USA

[Appfaff]

Wyoming is a GREAT spot for your business to be set up. They Love small business in WY, so your taxes should be quite manageable.

Plus, yes - it’s beautiful out there.

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[Giles]

Thank you guys….As long as we have no agent or anyone on the payroll in Wyoming the UK/US bilateral trade agreement allows us to pay no taxes in the USA, just in the UK -  as we do now.....

[Seul]

Can I please be the Belgian agent named Double Oh Piss Off. No need to put me on the payroll. Just calling dibsies.

[seawolf]

So does this mean you won't be opening up a brick and mortar in LA now?

[Seul]

If you do, will you name it Brick & Morty, please?..

[Giles]

Did we ever say we would?  If we did, it would have been way down the line.  If Ignition and/or Iron Heart America successful enough, then we will look at opening a physical presence somewhere in The USA.  Kens Factory is not large enough to house a store, so we would not necessarily be tied to LA.  And we are more likley to open what is effectively a fulfilment centre (much like we have here), that a shop and the location of that will be determined mainly by legal and fiscal concerns.

If at some point, it becomes apparent that we need a physical store, then we will do it.

[seawolf]

Ah! Makes sense. I think I misunderstood the intent. So is the fulfillment center still going to be at Ken's? Or is that what you're looking to put in Wyoming?

[Giles]

@Giles:

and the location of that will be determined mainly by legal and fiscal concerns.

Which almost 100% will mean not California…...

[Chris]

The only logical place would be San Antonio.

[Giles]

How big is your garage?

[Appfaff]

@Giles:

How big is your garage?

Last time I saw it didn’t have drywall or a door yet… [emoji23]

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[manufc10]

Yeah forget San Antonio, there's way too many Texans there.

[xtcclassic]

St. Louis is pretty much right in the middle of the country. Just sayin’. And I have a ton of retail experience. 

[Broark]

Bring it to Austin, Texas and I'll run it for 'ya. 

[scooter]

How about Milwaukee ? Home of Harley-Davidson. Great retail spaces, and a warehouse district within a stone's throw of the Harley Museum. 90 minutes from Chicago/O'Hare. Sounds like a winner to me. 

[Chris]

@Appfaff:

@Giles:

How big is your garage?

Last time I saw it didn’t have drywall or a door yet… [emoji23]

About this big

And it will have drywall and a door.

Eventually…

[Giles]

I need to set up a bank account in US.  I have a company and an EIN and all that.  I know that I will physically have to visit to actually open the account.  Does anyone know anyone at a bank that would be able to help me?  I wnt to fly in with all the paperwork and data I need, get it sorted and fly back out again.  Location is not particularly important.

[Graeme]

It might be worth looking at Stripe Atlas, which is designed to make it easy to set up an online business. But I think that you're too far down the road for it.

Alternatively, Citi are a US bank with a presence in the UK. Maybe have a chat with them to see what they can do.

[Giles]

Does not work, I have to be in the US and open a US account there…....

[UnTucked]

While researching during my brief stint as an Amazon seller, I found that there are US banks that allow foreigners to open accounts without being physically present… I never delved too deep in to it, because I obviously have a US bank account, but it was interesting to see that it's possible for foreigners to do.