Business Acceleration of Indian Companies in the US

230, 5th Avenue, New York NY 10001

Target Sectors:

Textiles & Fabric, Home Décor, Home Furnishings
Bed, Bath & Kitchen linen
Handcrafted Artisan Products

Below is the suggested Matrix

Aim:

To promote Indian manufacturers' or exporters' business to generate increased export revenue
Showcase the products to a large audience/pool of buyers around the year
Provide an opportunity to meet and discuss with potential global buyers around the year
Be present in the hub/market where business happens like NY City

Suggested Modus Operandi:

Five Indian companies to collectively lease a 1000 sq. ft space in a prime location.
The facility will have a common conference/meeting space, and a common office manager skilled to carry out preliminary discussions with potential buyers
Products are displayed for visiting buyers to see
Audio/visual/in-person meetings can be organized
For such a collective approach, Entry India can run the day-to-day operations
The companies can also hire their own individual representative (part-time or full-time) if they like

Expenses to be incurred Annually by Each Company (based on having its address at 230 5th Avenue, NY, New York).

Rent: $12,000/annum
Utility: Submeter can be installed for payment at actuals +10% to building management Or pay a flat rate of 3.50/sq.feet per annum
Services Manager* @ $14000/annum

Total annual expenses not greater than $28,000/annum for each company.

Key Advantage of entering the US market through this 'Collective' model:
For less than $2,300/mo, the manufacturer or exporter has Access to the Most Popular Upmarket Location along with Human Resource in the US

***The Manager will be common for the 5 companies and be the company’s representative on the ground to provide the following services

Will be physically present in the showroom
Will be equipped to have preliminary discussions with potential buyers
Will showcase and project the companies’ products to potential buyers
Will liaise with the factory to keep them informed about the day-to-day happenings
Will take care of all administrative work in NY for the factory
Will fix meetings for the factory and coordinate meetings over video conferencing for the factory
Will execute any other managerial work that the factory may want
Can organize accounting services, legal services, business development services