Two significant US firms have promoted executives of Indian descent to their top leadership positions at a time when the country is embroiled in intense controversy over President Donald Trump’s decision to charge a $100,000 fee for new H-1B visa applications.
Molson Coors Beverage Company has announced Rahul Goyal as its incoming CEO, beginning October 1, 2025, while T-Mobile has picked Srinivas “Srini” Gopalan as its next CEO, effective November 1, 2025. In view of growing immigration policy conflicts, their promotion is being closely monitored, underscoring the growing impact of Indian-origin executives in influencing multinational firms in spite of legal and political obstacles.
Who is Srinivas Gopalan?
T-Mobile announced that on November 1, current COO Srini Gopalan will take over as CEO in place of Mike Sievert. Sievert will take up a new position as the company’s vice chairman. Gopalan started his career with Unilever India before moving on to Accenture.
He attended Delhi Public School, RK Puram, and the Indian Institute of Management (IIM) Ahmedabad. Prior to joining T-Mobile as COO in March 2025, he had executive positions at Vodafone, Bharti Airtel, and Capital One and most recently was CEO of Deutsche Telekom Germany.
Known for spearheading digital transformation, 5G expansion, and customer satisfaction, his leadership represents a well-thought-out succession for T-Mobile.
Who is Rahul Goyal?
On October 1, one of the biggest brewing firms in the world, Molson Coors Beverage Company, named Rahul Goyal as its new CEO, replacing Gavin Hattersley.
Since joining the company in 2001, Goyal has advanced through the ranks of senior positions, most recently as Chief Strategy Officer, Global CIO, and CFO in India. He graduated from the University of Mysore with a bachelor’s degree in engineering and the University of Denver’s Daniels College of Business with a master’s degree in business.
Goyal, who is based in Chicago, Illinois, is well-positioned to guide the business through changing consumer patterns and growing trade barriers in the US market thanks to his extensive tenure and experience in global strategy and operations.
Why Goyal and Gopalan’s Appointments Creating Waves in US?
These consultations are scheduled at a time when professionals and businesses that depend on highly skilled migration are uneasy over the Trump administration’s contentious $100,000 cost for new H-1B visa applications. Indian IT workers, who comprise the majority of H-1B grantees, are uncertain despite the White House’s clarification that the cost only applies to new applications.
In addition to Sundar Pichai, Satya Nadella, and Arvind Krishna, Indian-origin professionals have become essential to US firms, as evidenced by the ascent of executives like Gopalan and Goyal. The hiring of Rahul Goyal and Srinivas Gopalan not only highlights the influence of people of Indian ancestry on a worldwide scale, but it also conveys corporate America’s diversity and resiliency.
Promoting executives with foreign expertise is becoming more and more viewed as a competitive advantage as US businesses adjust to geopolitical and legislative shifts. Their ascent illustrates the ongoing narrative of how, despite increasingly stringent immigration laws, skilled immigration has revolutionised the leadership of leading American companies.
Quick
Shots
•Srinivas “Srini” Gopalan will become
CEO of T-Mobile on November 1, 2025, succeeding Mike Sievert.
•Rahul Goyal will take over as CEO of
Molson Coors Beverage Company on October 1, 2025, replacing Gavin Hattersley.
•Their appointments underline the
increasing global influence of Indian-origin executives in shaping US
corporate strategy.
•Despite tougher immigration policies,
US firms see foreign leadership as a strategic advantage in navigating global
challenges.
According to President Donald Trump, Rupert Murdoch and his son Lachlan are anticipated to be among a group of investors attempting to purchase TikTok in the United States. Trump stated that the men would “probably” be part of a planned agreement to keep TikTok operational in the US during an interview with Fox News that aired on 21 September.
He added that Michael Dell, the founder of Dell, and Larry Ellison, the chairman of Oracle, would probably be engaged. Trump called the guys “American patriots” and stated, “I think they’re going to do a really good job.” The US and China are moving closer to an agreement that would sell the social media platform’s American operations to US investors, the president said during a phone conversation with his Chinese counterpart earlier this week.
Why TiTok Needs to Sell its Business to US Investors?
A law approved by Congress in April 2024 would have prohibited the app unless its Chinese parent firm, ByteDance, sold its US unit, necessitating the sale. Concerns that Beijing would obtain the personal information of TikTok’s 170 million American users led to the proposal of this law. Until a deal is reached, its enforcement is on hold. Trump stated on Fox’s The Sunday Briefing that “they’re very well-known people” who would generate a “tremendous amount” of money in response to a question about who was involved in the potential TikTok agreement.
Among these is Larry Ellison. He’s part of it. Michael Dell, a wonderful man, is involved. Unfortunately, there is a man named Lachlan involved. “Are you familiar with Lachlan?” he said. “And Rupert is probably going to be in the group.” The family’s media giant, which includes Fox Corp and News Corp, was recently taken control by Lachlan Murdoch, ending a protracted struggle with his siblings over succession. News Corp. chairman emeritus Rupert Murdoch is 94 years old.
Following Trump’s remarks on Sunday, US media outlets indicated that the Murdochs would not be investing in their personal capacity, but rather through Fox Corp. They are well-known for their conservative viewpoints and right-leaning media outlets, such include Fox News and the Wall Street Journal. However, Trump, who is now suing the Wall Street Journal for defamation after a report said he signed Jeffrey Epstein’s birthday book, has also occasionally taken offence at them.
US Eager to Crack TikTok Deal
In response to political pressure to remove the social networking app’s US operations from its Chinese owners, ByteDance, the White House has increased hopes that a deal is almost final.
According to White House Press Secretary Karoline Leavitt, a deal might be inked “in the coming days” on Saturday. Speaking to Fox as well, Leavitt stated that Oracle will oversee data and privacy for the app in the US and that “America will also control the algorithm.”
The possibility of the Murdochs and Ellisons, two of the most influential families in US media, obtaining substantial control over one of the most widely used social media apps in the country is increased by the planned TikTok merger. China has not officially stated if an agreement has been reached or not.
Quick
Shots
•Congress passed a law in April 2024
requiring TikTok’s Chinese parent ByteDance to sell its US business or face a
nationwide ban.
•Involvement likely through Fox Corp,
not personal investment; Lachlan Murdoch recently took control of the family
media empire.
•Oracle expected to oversee TikTok’s
US data security and algorithm control.
•Press Secretary Karoline Leavitt said
a TikTok deal could be finalized “in the coming days.”
The auto sector is pushing for amendments that would remove tariffs on foreign parts used in domestically produced vehicles; thus, President Trump is making progress towards easing the impact of his tariffs.
In an attempt to avoid numerous charges piling on top of one another, a White House official announced on April 28 that imported cars would also be exempt from separate tariffs on steel and aluminium.
In a statement sent by email, Commerce Secretary Howard Lutnick noted that this agreement, which rewards domestic manufacturers, is a significant win for the president’s trade policies. Additionally, it gives corporations who have stated their intention to increase their domestic manufacturing and invest in America a runway.
Trump Administration Completing 100 Days
The requested changes are being proposed as Trump prepares to visit Michigan to commemorate the first 100 days of his second term in the White House. According to a report, a proclamation putting the adjustments into effect may be signed as early as 29 April, before Trump’s scheduled speech in Macomb County.
This county is a centre for auto manufacturing and a stronghold of blue-collar people that Trump claims his tariffs are intended to support. Additionally, the change would be the most recent development in Trump’s constantly shifting trade policy, which began earlier this month when he decided to halt increasing tariffs on dozens of trading partners in order to facilitate negotiations.
The anticipated adjustments occur shortly before the 25% tariffs on foreign vehicle parts go into force on May 3.
Based on the value of their US car manufacturing, manufacturers would be eligible to get a partial reimbursement for tariffs on imported auto parts under the proposed adjustments, the official said. With a phase-out intended to encourage automakers to move more of their supply chain into the US while also providing them time to adjust, the scope of those reimbursements would gradually decrease.
Players Welcoming the Move
A close-knit North American supply chain might be disrupted by Trump’s tariffs, so automakers, dealers, and component suppliers had begged for some reprieve. In a statement, Jim Farley, the CEO of Ford Motor Company, said that Ford is pleased with President Trump’s decisions.
This will lessen the negative effects of tariffs on suppliers, customers, and automakers. Ford and the administration will keep collaborating closely to promote the president’s vision for a robust and expanding American car industry.
“GM feels the president’s leadership is helping level the playing field for companies like GM and allowing us to invest even more in the US economy,” said Mary Barra, CEO of General Motors Co., in a statement.
In a letter to the government last week, industry associations warned that tariffs on imported auto parts could increase the cost of US manufacturing plants, endangering attempts to boost local vehicle production.
In a critical step that could change worldwide commerce, US President Donald Trump has declared a 26% tariff on imports from India. The decision, which will start at midnight EST on Thursday, is part of Trump’s larger plan to respond to what he labels as unfair trade practices. The development could have major effects on vital sectors like automobiles, textiles, and industrial goods.
In the White House Rose Garden, on what he called “Liberation Day,” Trump had this to say about the new tariffs:
They were necessary, he insisted, to counter India’s contrary trade policies. For too long, he said, American workers had been at a disadvantage when it came to trade with India. The Indian government, he said, had slapped a 12% tariff on American goods, nearly four times higher than the 3% tariff the U.S. imposed on Indian goods. To right this trade wrong, according to Trump, the new tariff was intended, supposedly, in his mind, to ensure trade that was “fair and reciprocal.”
“If you want your tariff rate to be zero, then you build your product right here in America,” Trump said during his speech. The declining tariff rate is part of the administration’s push to direct American companies to manufacture domestically and to reduce the reliance on foreign products.
Impact on Key Sectors
The 26% tariff is likely to significantly affect several sectors of the economy. Among them are automobiles, textiles, and industrial goods. Indian exporters have been banking on the US as a prime market. Those who sell to the US are most definitely going to feel these new duties in their bottom line. And what about American businesses that source from India? They’re not going to get a pass.
The automotive sector is one of the most affected because the new tariffs cover unassembled vehicles, auto components, and imported cars that are fully assembled. This is part of Trump’s larger trade policy, which aims to protect carmakers in the U.S. from foreign competition by slapping a 25% duty on cars made abroad. Notably, Vietnam and Thailand, which also impose steep tariffs on U.S. auto exports, were targeted by these new measures.
A Global Trade Shake-Up
Trump’s latest protectionist policies have hit several nations, not just India. The US has come up with a universal baseline tariff of 10% on all imports, no matter where they come from. Meanwhile, imports from China now face a whopping 34% tariff, and exports to the US from the European Union are subject to a 20% tariff.
This far-reaching tariff policy was presented by Trump as a shift towards American economic independence, something he has a long-established record of favoring. He portrayed the tariffs as a potential revenue-enhancer, saying they could bring in “trillions and trillions of dollars” and, by so doing, reduce the national debt and lower our taxes.
Even with the tariffs’ taking an aggressive posture, Trump maintained diplomatic standing with Prime Minister Modi, calling him “a great friend” but equally insisting that India was not treating US trade fairly.
The tariffs just imposed are bound to bring some kind of response from India, and it looks like the country is ready to deliver what many are calling ‘counter-tariffs.’ The officials who oversee trade for India are watching this closely. And businesses here, but especially those that export to India, are trying to gauge how much the situation could upset supply chains and pricing.
After turning down a takeover offer from its departing CEO, the US genetic testing business 23andMe has declared bankruptcy and is searching for a buyer. Late on 23 March, 23andMe, a company that charges less than $200 for a mail-back saliva test that can identify ancestry or specific genetic features linked to health, announced that it had “filed a voluntary petition for reorganisation” with a Missouri state bankruptcy court. Additionally, the Silicon Valley-based company stated that it plans to carry on with business as usual during the selling process. Furthermore, it stated that there would be no modifications made to the way consumer data is stored or protected.
23andMe Rejected Takeover Offer
According to the announcement, 23andMe declined a takeover approach from its CEO and co-founder, Anne Wojcicki, who has resigned but will continue to serve on the board of directors. Wojcicki wrote on X that she was upset by the brand’s decision to reject her bid, but she nevertheless offered the business her entire support. Strategically, she claimed, she resigned as CEO in order to “be in the best position to pursue the company as an independent bidder.” Despite the company’s difficulties, Wojcicki, who co-founded 23andMe 19 years ago, highlighted her “unwavering” faith in its future. According to regulatory documents, 23andMe, which claims to have 15 million clients, has suffered a drop in sales in recent months and has also agreed to pay about $37.5 million to settle allegations relating to a 2023 data breach. Due to the challenges, 23andMe said in November that the company was firing around 200 employees, or 40% of its workforce. Additionally, it halted its research initiatives.
What will Happen to the Genetic Data Collected by the Company?
Although 23andMe’s privacy regulations state that the genetic data may be sold to other companies, officials, including California Attorney General Rob Bonta, had expressed concerns about what would happen to the data. According to the enterprise, the bankruptcy procedure won’t have an impact on how it handles, preserves, or maintains client data. When 23andMe went public in 2021 at a $3.5 billion valuation through a special-purpose acquisition vehicle (SPAC) led by billionaire Richard Branson, it attracted a lot of interest from investors. Due to a surge in demand for DNA testing kits, its market value reached a peak of about $6 billion later that year. However, since then, demand has decreased, harming 23andMe and its rival AncestryDNA, which is owned by Blackstone. The holiday season usually saw a spike in sales of the consumer kits, but 23andMe has had trouble keeping consumers because they would use the kits just once and find little incentive to buy more.
The market for ancestry testing kits may be nearing saturation, according to Bernstein analysts. Over the course of five months in 2023, hackers compromised the personal information of around 7 million 23andMe consumers, severely harming the company’s reputation and making its growth issues worse. Customers who were worried about their privacy and the way DNA testing companies handled their data were alarmed by the incident. In a lawsuit pertaining to the breach, 23andMe ultimately consented to a $30 million settlement late last year. As part of what will be a significant restructure, the San Francisco-based company has also terminated the development of all medicines and fired off 200 people.
It’s a dream of every restaurant owner, that their restaurant table is fully booked, but imagine a situation where your restaurant is crowded, and you and your employee are unable to manage the crowd properly. Waiters are taking the wrong orders and delivering them to the wrong table, even the cashier is facing difficulties billing the customers.
This type of situation may arise in your restaurant at any time, so you need a proper system that will take care of all your billing, order management, and even inventory management. In simple words, you need a restaurant POS that will help you manage your restaurant more efficiently.
Since there are a lot of restaurant POS available, which are eagerly waiting to serve you, it totally depends on you, which POS you choose. So to help you search for the best POS, here we are with the list of best restaurant POS available in the market.
Point of sale (POS) is a combination of software and hardware that helps to organize bills into sections, make payments, and much more. POS is one of the most important aspects of running a successful business. It consists of software, hardware, a barcode scanner, payment processing, a cash drawer, a printer, and a payment terminal. When all these tools are combined together and give services to businesses, then it is called POS.
The primary function of the software is to process transactions, store data, and manage inventory. This software is well capable of sales management, inventory management, payment, and employee management. Every POS company provides the hardware on which the software runs, this could be a computer, tablet, or smartphone, which depends on the POS provider.
Scanners help to scan the barcode for accurate billing and managing inventory. The payment terminal is the hardware that ensures secure payments. Since as a restaurant owner you might not need a scanner but the POS will definitely ensure the steady growth of your business.
According to the study by toast, around 71% of restaurant owners are already using POS to run their business efficiently, and around 21% are still using pen and paper. It is clear that today’s restaurant owners are showing their interest in POS for their business management. Now it’s your turn to leverage the benefits of POS for your business growth.
Top 10 POS for Restaurants
Lavu
Rating
3.8/5
Best For
Remotely Reporting and Tracking
Lavu is a POS platform that is purposefully built for restaurants to manage billings and orders. It is on a mission to empower restaurants to do more with what they love, with solutions that work for them. Since Lavu is a restaurant-oriented POS, it provides all the hardware and software that is essential to manage the restaurant effectively.
Lavu
The iPad-based POS offers a self-service kiosk that enables customers to order their meals on their own with plenty of customization of food items. Customers can order, book their table and make payment without the interference of any staff. You only need to fulfil the order given by the customer, this will reduce your labor cost significantly.
Also, utilize the benefit of the cash discount program and encourage your customer to make payments through cash. This will significantly reduce credit card fees which are around 4 to 5 % of the total transaction value. Easy integration with App8, Agilence, 7shifts, and so on. This integration will help to expand the existing functionality of Lavu POS.
Features of Lavu
Cloud-based reliable and secure network
iPad POS system
Inventory tracking
Helps to identify the bestseller item in the menu
Detailed reporting and analytic
Self-ordering kiosk
Cash discount program with dual pricing
Toast
Rating
4.3/5
Best For
Contactless Ordering and Inventory Management
Toast is an all-in-one POS that is trusted by more than 74,000 restaurants worldwide. The toast POS products are sufficient enough to make your restaurant advanced in every manner. It caters to the demand of almost every type of restaurant, with innovative technology and an easy-to-use interface, it empowers your waiters to take orders and payments efficiently using handheld POS i.e toast go.
Toast
The unique feature of toast is that customers can even make an order using their smartphone just by scanning a QR code. This feature ensures contactless ordering, customers can choose their desired dish from the menu which pop-ups after scanning the QR, and once they select the dish they can easily make payment using apple pay within 10 seconds.
Every order is directly sent to the kitchen for fulfilment. With real-time access to reporting and analytics, you can monitor your business effectively and efficiently from anywhere.
Features of Toast
Order using your mobile and pay using apple pay in less than 10 seconds
Intuitive and easy to use
Easy table management
Toast kiosk for self-order and real-time guest feedback
Payroll and team management
Online ordering systems for restaurants
Square Pos
Rating
4.6/5
Best For
All-round service
Square is a POS provider which serves businesses of all sizes and types including Retail, Beauty, services, and most importantly restaurants. The design of the products is sleek that looks and feels good. We are going to focus on the POS which is specifically designed for restaurants.
Square Pos
Its restaurant POS is designed for every restaurant type including quick commerce, full service, fast casual, bars and breweries, and ghost kitchen. So whatever the type of your restaurant, it will definitely going to serve you better. There is an immersive list of POS products available to help your business run smoothly, you can choose the products and software plan and you are good to go.
Reduce the heavy line at your counter POS with handheld devices like square terminal and mobile POS kit, this will help in ordering as well as for payment at the table. The kitchen display system KDS fetches all the orders from any POS devices in the kitchen and integrates them into the screen in real-time.
Features of Square POS
Tap to pay on iPhone
Third-party integration
The free version of the Square is available in addition to a paid plan
Multi-location management
Advanced Reporting with live sales report
Square loyalty, payroll, and marketing
Tableside order and payments
Nobly POS
Rating
4/5
Best For
Table management and Reporting
Nobly is an iPad POS system that simplifies the hectic and time-consuming tasks of the restaurant business seamlessly and hassle-free. Its POS is best suited for cafes, bars, Restaurants, and QSR. Since hardware is more or less the same, you need to give your effort into analyzing the features of the software.
Nobly Pos
Its advanced inventory management system ensures that you never go out of stock, you can edit and update the stock anytime when the new stock arrives. The table service feature is just amazing, you can create a virtual layout of every table in your restaurant according to their size and dimensions, also you can set the location and numbering so that waiters can find the table more easily.
Use the iPad to take orders at the table and it will automatically send the order to the kitchen. Your employee can quickly check the status of the table about whether payment has been done or not. Provide your customer with full flexibility to make payment, you can even take split charge and enhance your customer experience.
Features of Nobly POS
Ingredient tracking feature
Tableside ordering
Intelligent reporting
Loyalty program to make loyal customers
Inventory management
Offline mode
Upserve POS by Lightspeed
Rating
4.1/5
Best For
Online Ordering and Delivery
Upserve is a POS solution for restaurant management. In late 2020, Upserve was acquired by lightspeed, a leading provider of cloud-based omnichannel commerce platforms. The total transaction value of the deal was $430 million. Now Upserve is still working in the POS industry with a new look and feel of lightspeed. Upserve is still providing its customer support.
Upserve Pos
Upserve offers all the essential POS hardware for restaurants, like terminals, handheld devices, kitchen display systems, printers, and wireless technology. It also offers its mobile app called Upserve live which empowers restaurants to see all the analytical data about sales, labor costs, discounts, and track live guests.
Other great features of Upserve are table-side ordering, online ordering, and a loyalty program. Online ordering comes with simple and innovative designs that easily integrate the orders in Front of the house and back of the house.
Features of Upserve
Tableside ordering and payments
Offline mode
menu intelligence
Training mode to train your workers
Restaurant analytics and reporting
Easy to split checks and items
24/7 US-based customer support
Clover POS
Rating
3.8/5
Best For
Quick Service Restaurants
Clover is an all-in-one POS that offers its hardware and software for quick-service and full-service restaurants. Awarded with the restaurant smart terminal award for the second time in the year 2021, clover is delivering flexibility and a great customer experience.
Clover Pos
It helps to sync front of the house and back of the house to ensure there is no delay to fulfill the orders. Protect your business from sudden internet connectivity loss, because POS still accepts the payments when you are offline and process those transactions when connectivity returns.
Clover online ordering comes free with a table service plan. Now only one POS is capable enough to manage your dine-out, online orders, takeout, and 3rd party orders.
TouchBistro is a POS provider for restaurant management that makes the task of managing the restaurant easier and more efficient. It is the winner of the best app of the year in the food and beverage category at the international business award. Founded in 2010, Touchbistro is trusted by more than 29,000 restaurants worldwide because of its innovative approach to solving restaurant problems.
TouchBistro Pos
Allow your customers to make payments using their desired payment option because you can take payments via debit card, credit card, cash, or digital wallet of Apple pay, Samsung pay, and google pay. You can easily split the bill for your customer based on the items they have ordered. Leverage the benefit of mobile POS to take orders on the table and eliminate the huge lines at the counter.
The advanced table management system of Touchbistro offers you the flexibility to rearrange the tables, change the table for the customer without interrupting the orders, and manage capacity. Provide your customer with a great experience in your restaurant with Touchbistro.
Features of TouchBistro
Floor plan and table management
Menu and staff management
Tableside and online ordering
Customer facing display
Reporting and analytics
Offline mode
Inventory management
Cake POS
Rating
4.8/5
Best For
Reporting and Overall Restuarant Management
The Cake is an all-rounder POS offered by mad mobile. It caters to every aspect of your restaurant business and frees you from most of the hectic tasks of restaurant management. When this technology makes your day-to-day business task easy, you get more time to invest in business growth.
Madmobile Pos
Mad mobile self-ordering kiosk reduces labor costs and time significantly, customers can order using a tab and make contactless payments just by scanning a QR code. Since everything is cloud-based, each order which is placed, no matter from where, is updated in the kitchen display system in real time.
Loaded with all the hardware and software features including online ordering, contactless payment, staff, and menu management, this POS is sufficient enough to accelerate your restaurant business growth.
Features of Cake
Self-service kiosk
Payment using a QR code on the bill
Tableside ordering
Menu and staff management
Online ordering and curbside pick up
Integration with accounting, loyalty, and scheduling services
PCI-DSS certified
Advanced restaurant analytics
Harbortouch
Rating
3.1/5
Best For
Small and Mid Sized Restaurants
The Restaurant POS system by Harbortouch is a robust and powerful restaurant management system that helps to streamline your restaurant business operation. Trusted by more than 1,00,000 restaurants, this platform is dedicated to serving small businesses by reducing the cost of operation.
HarborTouch Pos
Tableside ordering and payment is the game changer in this industry which reduces the chaos at the counter and facilitates a smooth workflow. Take payment anywhere in the restaurant whether it is at the table, counter, or curbside, everything is connected to your existing POS. It means everything is updated in real-time.
Customers can easily access your menu by scanning the QR. They can make orders and payments which are directly sent to the kitchen display system, with no involvement of any staff in taking orders. These kinds of amazing features of Harbortouch make your business run smoothly.
Features of Harbortouch
Pay-at-the-table + tableside ordering
Accessibility of menu and making payments via QR code
Contactless payment and acceptance of Google pay, Apple pay, and Samsung pay
Online ordering
Third-party integration with apps like Uber eats, doordash, Mailchimp, and more
Online reservation
Reports and analytics
Linga POS
Rating
3/5
Best For
Secure and Fast Operations
Modernize the dining experience of your customer with the Linga restaurant operating system. This POS provides full-fledged features and functionality to restaurants to carry out their business operation seamlessly.
Linga Pos
The team is dedicated to adding every new feature to make this POS updated with changing technology. Everything is streamlined, from taking orders from customers efficiently using a POS terminal or kiosk to retaining those customers using a loyalty program and marketing.
Since the POS is completely cloud-based you can access the reports and analytics from anywhere and take a quick overview of the performance of your restaurant.
Features of Linga POS
Customer loyalty program
Online ordering with curbside pick up
Inventory management
QR code accessibility
Virtual kiosk
Offline mode
PCI compliant
Conclusion
With emerging new technologies, business operations became easier, and the same is true for the restaurant business. The Restaurant POS system is wholly dedicated to streamlining your restaurant business, so use the latest technology and prevent yourself from being outdated. Choose the right POS software from the above list and provide the best customer experience.
FAQ
Do I need a restaurant POS system?
The answer is not clear however there are many benefits of using a restaurant POS system but you can still run your restaurant without one. However, a POS system can save you time and money, and it can help you increase sales.
How much does a POS terminal cost?
Most POS companies give you one free terminal when you sign up. However, if you want extra terminals, prices can vary with suppliers depending on the features.
The common belief is that setting up a company in the United States of America is a first step in creating a global brand. One example of this is the company Uniqlo which began operations outside of the US, then entered the country, became successful, and from there grew into a global brand.
The U.S. Chamber of Commerce states that 7.8 million Americans are employed by foreign investors creating an annual payroll of USD 645 billion. The country’s administration recognises this trend and welcomes the influx of foreign businesses which creates jobs for US residents and improves the country’s economy.
Incorporating a US Company as a Founder Based in India
The growth of the Indian capital market is exhilarating and celebratory. However, registering a US business from India allows immediate access to more funds. There are a few steps to register a company in the US from India:
Business Entity
The first and most important step is choosing the right type of entity for the business. It could be an LLP or a C corporation. A C corporation is a legal structure for a corporation in which the owners or shareholders are taxed separately from the business entity under the United States Federal Income Tax Law. Most companies are registered as C corporations as the investors highly prefer it.
State of Registration
The next logical step is to decide the state in which to register the company. Most US tech companies and approximately 70% of the Fortune 1000 Companies are registered in the state of Delaware.
Articles of Incorporation
In the United States of America, the Articles of Incorporation are filed with the Office of the Secretary of State where the business has chosen to operate. Concisely, the Articles of Incorporation should include the name of the company, type of corporate structure and number and type of authorized shares.
Employer Identification Number
Online Application for EIN
The Internal Revenue Service (IRS) issues an Employer Identification Number (EIN), which also sets the company up for paying taxes.
Opening a US Bank Account
The EIN, procured from the IRS, sets the company up for opening a US bank account, essential for conducting business in the US.
Continued Regular Filing
Filing company reports is an annual requirement in the state of Delaware. The deadline for filing these reports is March 1st of every year. Regular report filing keeps the company in good standing with the authorities.
Get a US Registered Agent
While maintaining a US residency is not mandatory, the company is required by law to get a US-registered agent in the same state that the company is registered. This is so that the agent can receive the company’s mail on their behalf. The mail includes Compliance notices about reporting or other requirements, Tax documents from the state’s revenue or tax departments and services of process (notices of lawsuits against the company). However, the registered agent’s address cannot be used as the company’s legal address, which must be the owner’s address in India.
Foreign Direct Investment (FDI) from India in the USA from 2015 to 2021
Registering a US company carries many benefits:
Favourable Economic Environment
The country offers foreign investors to purchase US assets, including real estate, at lower prices than their home country. The wide diversity in income and interest levels ensures there is a ready market for any type of product.
Government Incentives
Many states and cities offer financial incentives to foreign investors to establish business in a particular location. These incentives are offered in the form of tax credits, lower commercial real estate taxes, and other myriad government assistance.
Same Advantages as a US Resident Owned Business
Businesses in the US are treated on an equal footing, whether run by a resident or non-resident. This is beneficial to a non-resident business owner for transferring capital or acquiring a business.
Access to New Markets
The US has a trade agreement with 20 countries that provides a marketing advantage to US-based manufacturing companies. This is in addition to the wide potential customer pool of US residents.
Stable Political Environment
The stable political environment of the country makes it a very attractive market for venture capital and private equity funding. The US is ranked 6th by the World Bank for its overall ease of doing business.
Technological Advancements
The US is known for its advanced technology and the access it provides which awards production enhancement and worldwide communication.
Hiring Employees in India With a US Registered Company
Once a US company has been registered from India, the company is not restricted to hiring Americans. It can hire team members locally from India. However, there are a few extra requirements that need to be fulfilled. These are:
Creating an Indian Subsidiary
An Indian business entity must be created, which is a subsidiary of the C corporation, to hire employees locally. This is the simplest and cheapest option if the business plans to hire mostly local workers.
Hiring a Service Provider
Hire a service provider to handle international payroll and HR activities. These companies offer services to act as the company’s employer of record, and the payments can be made in any currency.
Conclusion
Registering a US company from India gives the business easy access to the largest startup capital market in the world. It allows the business to raise money from American Venture Capitalists, Angel Investors, and Syndicates. It offers many benefits to conducting business, not to mention the global opportunities that immediately open for business expansions and growth.
FAQs
Can a foreigner register a company in the USA?
Usually, a foreigner can register a company in the USA. Also, it is not essential to hold a green card to own a corporation in the USA as the process for registering a company is the same for both foreign citizens and US residents.
How much does it cost to register a company in the USA?
The cost to register a company in the USA varies from state to state. In general, the cost ranges between $600-$1400.
What are the benefits of registering a company in the USA?
There are many benefits of registering a company in the USA. These are:
