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Aprio Cloud Blog

Bruce Phillips

Bruce Phillips
Bruce Phillips is the Partner in Charge of Aprio Cloud, an early adopter of cloud technology for accounting and other businesses. More recently he has been featured by Xero, Expensify, Gusto, Receipt Bank, and Hubdoc for successfully implementing this technology to firms in numerous industries.
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Recent Posts

Opening a Bank Account in the United States

 

If you are a business owner in a country like Australia, New Zealand, United Kingdom, or Hong Kong and are looking to expand to the United States (U.S.), you may be wondering how you will be able to open a U.S. business bank account to run your U.S. operations. Banks in the U.S. have very strict policies and require certain forms of documentation when an entity that has foreign ownership opens a bank account. 

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How to Hire a Virtual CFO

By Bruce Phillips • March 6, 2018 at 1:14 PM • Virtual CFO

The Internet has been a game changer in the way we live and do business. Not only do we have access to a world of information, myriad ecommerce choices, and endless funny cat videos, we also have access to a variety of online resources that can help us achieve our business goals.

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5 Reasons Outsourced Accounting Is Better Than Bookkeeping

By Bruce Phillips • March 6, 2018 at 1:08 PM • Outsourced Accounting

If you’re like many entrepreneurs, you thought you’d be able to handle every facet of your new business. You’d create the product, hire the staff, manage your advertising campaigns, make your own mini muffin platters for those early morning meetings, and, let’s not forget, handle the finances, too.

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Doing Business in the United States: What You Need to Know About Immigration

By Bruce Phillips • February 6, 2018 at 12:47 PM • Doing Business in the United States

If you’re thinking of expanding your business to the United States, there are immigration requirements you need to consider. Here, I’ll break down what you need to know about immigration including visas, green cards and if you need a tax ID number.

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5 Things to Pay Attention to if you are an International Founder and want to bring your business to the US

By Bruce Phillips • August 24, 2017 at 12:06 PM • Doing Business in the United States


Having seen and helped dozens of Founders come to the US, there are certain things that seem to keep coming up as a struggle.  The challenge is a result of the fact that doing business in the US is COMPLICATED. Seemingly much more so than Australia, NZ, EU, UK, Singapore, or Hong Kong.  

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5 Benefits of Incorporating in Delaware

By Bruce Phillips • August 21, 2017 at 4:04 PM • Doing Business in the United States

 

With more than half of all publicly traded companies incorporating in Delaware, you may be wondering why more and more businesses are choosing Delaware over any other state in the U.S. Besides the legal protection and convenience advantages in Delaware, here are five primary reasons why so many businesses incorporate in Delaware.

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Entity Formation Documents

There are various documents associated with entity formation, depending on the type of entity you are forming. We will address the three main types of entities: Corporation, Limited Liability Company, and Partnership, the differences between them, what formation documents are, and which document are associated with which type of entity.  

Source: Corpnet Article

 

 

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Where is the Accounting Industry Headed? A Xerocon Insider's Edition


Attending the Xerocon in San Francisco and Brisbane really gave me a first hand hand look into the future of the accounting industry and how the cloud really fits into that future. There was great forward thinking perspective shared at these conferences and now I want to share my observations with you.

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Our Free Resources for Businesses Getting Started in The U.S. from Abroad

For years now HPC has been helping businesses expand into the U.S. 

In 2016 we have been actively sharing our knowledge, experience and advice as it relates to starting a business in the U.S. from abroad. We have built online resources, facilitated monthly in depth webinars, and have continued to speak with and assist small business owners from various countries around the world. Below is a list of resources and helpful free content we have built so far.

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7 Xero Add-Ons That Will Turbocharge Your Small Business

By Bruce Phillips • May 2, 2016 at 1:00 PM • Xero and Other Cloud Apps

Every now and then a piece of software comes along that makes your life significantly better. For us here at HPC, and our clients, that software is Xero. We are so on board with Xero that we became a Platinum Partner, meaning that we use Xero to do bookkeeping for hundreds of our outsourced accounting clients.

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