Author Archives: expandingabroad

About expandingabroad

William (Bill) K. Hite Following a successful twenty-four career with Venture Capital backed IT companies, financial services and public accounting industries, Bill Hite founded Hull Speed Associates to meet a clear market need: assisting companies in expanding abroad with a comprehensive range of services including Back Office, Technical Advisory and Professional Services. Working, living and traveling in Europe for the last 17 years, Bill built upon his experience and knowledge of doing business in Europe, Asia and the USA. He founded several IT businesses, held a key role in a successful NASDAQ IPO and has solid experience in M&A activities, international expansion and corporate restructurings. In working closely with a number of clients over the last years to build and expand their businesses globally, Bill noticed a need for key services that could be bundled to benefit companies expanding abroad. Apart from the cultural and linguistic barriers that companies expanding abroad may face, there are many financial, legal and tax implications in deciding to expand operations to Europe, Asia or the USA. Hull Speed Associates works in tandem with each client to define their immediate and long-term needs, and how Hull Speed Associates can best support each client to ensure cost and time efficiencies. Working with a skilled team of specialists within his extensive network in Germany, the Netherlands, the UK, France and the USA, Bill operates on the principle of a single point of contact for his clients’ senior management. Bill began his career with Coopers & Lybrand in Boston, Massachusetts, and he holds a BS in Accounting from Oklahoma State University. He has held senior positions at TLP Leasing Programs, ON Technology Corporation, Networks Unlimited and Collax. He currently lives in the Bavarian countryside south of Munich with his lovely wife and 2 kids, but can frequently be found at airports across Europe and the USA

Help Wanted: How to Hire in Europe

This is an article I wrote that CFO Magazine published in September 2011. Enjoy! A software company in New Hampshire is in the process of expanding farther into Europe. It has decided to start hiring in Germany – primarily sales … Continue reading

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Budgeting for Global Success

This is an article I wrote that CFO Magazine published in August 2011. Enjoy! When planning for a multi-country expansion, nailing the finer details can make or break your budgeting effort. A privately-held software company based in California is starting … Continue reading

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Going Global: Choosing a Location

This is an article I wrote that was published in CFO Magazine in June 2011. Enjoy! A publicly traded software company took a common approach when it first decided to expand into Europe: it located in the United Kingdom with … Continue reading

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Expanding abroad – Step 2 Place of Business:

This is the second part of a series on steps to take while planning, launching and executing your expansion abroad.  As mentioned in previous blog entries, I am sharing the experiences we gain at Hull Speed Associates as we assist … Continue reading

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EXPAT LIFE – Bring your hobby with you

 As mentioned in my last blog entry I attended a week-long woodworking course in Metten, Germany. The course happened to have been taught by Garrett Hack, one of the most respected and talented woodworkers in the US. During the course … Continue reading

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EXPAT LIFE – Don’t forget your spouse or partner

I am starting my 14th year as an expat, and lately I have run into a number of expats from various countries who all share the same feeling I had in the beginning – feeling somewhat lost. Back in the … Continue reading

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Expanding abroad – Step 2 The Branch:

This is the second part of a series on steps to take while planning, launching and executing your expansion abroad. As mentioned in one of my last blog entries, I am sharing the experiences we gain at Hull Speed Associates … Continue reading

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