Pinned
Feb '24 •
START HERE
Welcome to the Global Business Growth Club community for entrepreneurs, investors and US business owners; where you get on-going support from me & my team to help you stay compliant with your US company, broaden your horizons about what is possible and use your company to make more money and pay less taxes. Step 1: Make a NEW post to Introduce yourself so we can get to know you + start chatting with the community! 𝐇𝐞𝐫𝐞'𝐬 𝐚 𝐭𝐞𝐦𝐩𝐥𝐚𝐭𝐞 𝐟𝐨𝐫 𝐢𝐝𝐞𝐚𝐬: What's your name/handle? Where are you from? What is your unique expertise (or are you working to specialize in ie ecom, services)? Biggest strength? What type of content do you love to share? What's your goal inside of GBG VIP? What are your social handles so we can follow you? Anything else you want to share? (After copying this, make a NEW post in the "Introduce Yourself" category on the Community Dashboard) Step 2: Watch this video (coming) to learn how GBG VIP + Skool work, how to unlock the courses and calendar & how to get the most out of the community. 𝐁𝐞𝐬𝐭 𝐩𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲: Share your journey with us! The good & the bad. I'll be doing the same. Transparency & authenticity is a part of the success journey & is helpful to other members. Level up quickly to unlock new courses by commenting, posting your insights or questions in the Community Dashboard. Hit 'Like' or comment on posts you find helpful to let the poster know! Add a bio + profile photo. Positive vibez only!!! If you ever get stuck, feel overwhelmed, or are not sure what 'next step' to take, post about it the Community Dashboard so we can help you! Use the "category" dropdown to categorize your posts. 𝐆𝐫𝐨𝐮𝐩 𝐑𝐮𝐥𝐞𝐬: 1) No Self Promotion 2) No Selling in the DM's 3) No Spamming the Community Dashboard 4) Be nice :) 5) Be yourself :) Much love & so excited to work with you!
Pinned
Jan '24 •
Open your US bank account here
If you have your LLC you now need to open bank accounts (the first two are free so open both!). I'm going to share some links below to what I think are the best options. They are my affiliate links and I'll address them separately so you can understand the benefits. When applying, be honest but always emphasize more on how you will help your US clients. Relay financial - I have a great relationship with relayfi and they have told me that applicants that use this link have a greater likelihood of being approved. I use relay for my business and it has been great.the account is free to open. https://app.relayfi.com/register?referralcode=jimbaker Mercury bank - this is another great option. Again focus on how you are serving clients in the US. This link should give you bonuses once you are approved. The account is free to open. https://mercury.com/partner/jamesbakercpa Wise - this is not a bank but is a useful way to get paid and pay other people sign up with my link to get free transfers up to $500.. the account is free to open but there are small fees to open different currency accounts https://wise.com/invite/ahpc/jamesb2812 Stripe - if you are selling anything I would first try stripe.com for payment processing. I don't have a special link for them. Let me know if there are other accounts you may be interested in, how this goes for you and which you prefer!
Pinned
Aug '23 •
What are you struggling with right now?
I have clients in every niche who are experts. I am exploring the idea of collaborating with them to create exclusive content for this group. Let me know here what would be most valuable for you right now. Also look at other responses and give a like if you are interested in that too - as we'll be starting with the most popular topics
3d •
Will I lose all Credit Offers that get Mailed to me?
Hi friends, recently I secured a residential mailing address in New York State and was also able to get the hydro listed in my name. Next, I was able to get an USA AMEX Blue Cash credit card. The challenge is that the new roommate, who I do not know very well, has turned out to be very difficult to work with. I suspect they are going to prevent me from receiving any more mail. Meaning, I’m expecting they will not notify me when new Credit Offers get mailed to me in the coming future. Ultimately, I will need to find a new USA residential mailing address. But, while I look for a new residential mailing address…does this mean that I’m at risk of my new semi-roommate simply throwing 100% of all new Credit Card offers mailed to me at his address straight into the garbage? Does anyone have any suggestions that I might not be aware of..other than of of course, finding a new USA residential mailing address?
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3d •
5471s and cCorps
I'm a US citizen, MFJ. When I have to file a 5471 for an offshore company I personally own (or co-own as a CFC), it goes with my 1040. I hate this because it mixes in the $25K deadline with my personal return. It also means I can't efile my 1040, and this is a real pain when my husband and I are on different continents when it's time to file our personal tax returns. So here is the question: If my C Corp owns a foreign corp instead of me owning it, does this get it disconnected from my personal return? Would the 5471 be filed with my 1120 instead?
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The Global Business Growth Club was created to be a space for entrepreneurs from all over the world, to collaborate and grow their businesses.
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