The Korea Federation of Small and Medium Enterprises said on the 19th that it held a "briefing on strategies for small and medium-sized enterprises to enter the U.S." at the Yeouido headquarters of the Korea Federation of Small and Medium Enterprises.
The briefing was prepared to provide practical information in finance, insurance, law, and administration—the areas where small and medium-sized enterprises that have entered or hope to enter the United States face the greatest difficulties. About 200 small and medium-sized businesspeople, including Nature Cell CEO Ra Jeong-chan, attended the event.
First, in the finance and insurance session, Hanmi Bank's Senior Executive Vice President Anthony Kim and Executive Vice President Cho Man-seon introduced "the U.S. investment and financial environment and strategies for using Korean American financial infrastructure." Park Gi-hong, CEO of Herb International, explained "differences between the Korean and U.S. insurance systems and essential insurance for corporations to manage labor."
Next, in the law and administration session, Scott Lee, a partner attorney at the LBBS law firm, explained "points to note when establishing a corporation under the U.S. legal system, which varies by state," and, lastly, Garden Grove Human Resources Director Jenny Lee introduced "the strengths of Garden Grove as a strategic base for entering the U.S."
Before and after the briefing, 1-on-1 consultation booths for corporations run by related organizations—along with the presenters—were also operated, including ▲ Seoul Main Customs ▲ Korea Trade Insurance Corporation (K-sure) ▲ Korean Security Agency of Trade and Industry (KOSTI).
KBIZ Chairman Kim Ki-moon said, "As K-food, K-beauty, and other Korean small and medium-sized enterprise products gain popularity in the U.S. market, more small and medium-sized enterprises are considering entering the United States, but many do not know where and how to start and face difficulties," adding, "I hope today's briefing will provide practical help for small and medium-sized enterprises to enter the U.S. market."