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Frequently Asked Questions
Yes, a business plan is usually a requirement for E-2, E-1, and L-1 visas. Sometimes a business plan is also needed for H-1B, EB-1, and EB-2 visas. Even though business plans have some similar basic content, for each type of visa, there are different areas of focus. For instance, for L-1 the main focus is on demonstrating the managerial capacity of the beneficiary as well as the financial capacity of the enterprise; for E-2 visa business plans, the main focus is on showing that investment is substantial and sufficient and that the beneficiary will be in a position to direct and develop the company. We create business plans that comply with all the requirements for each type of visa.
Even though most business plans have some standard parts, there are special requirements that business plans need to focus on for immigration purposes and each type of visa. We can gladly review the business plan you have and let you know what it would take to enhance it for a successful visa application.
Yes. Besides complying with the individual immigration requirements for each type of visa, our business plans also highlight the potential of the business, the industry overview, and local statistics and trends, as well as the background and managerial capacity of the beneficiary. They include five years of financial projections, as well. We can also gladly prepare two versions of the business plan to make it more versatile and, at the same time, focused on each particular purpose.
USCIS sends RFEs, or Requests for Evidence, for a considerable majority of visa petitions. It does not necessarily mean that there is a problem with your case; it just means that they need more information/evidence to be able to review your application. It might even be a good sign. However, we recommend that you obtain expert support to answer it.
We have more than ten years of experience and hundreds of clients that have been able to get their visas approved correctly and thoroughly responding to the RFEs they received.
Due Diligence is a detailed analysis of the different areas of a business to determine its valuation and feasibility. There are different types of due diligence: legal, fiscal, financial, operational, and many others. We can help you performing the financial/operational due diligence of a business by reviewing the business' accounting records and supporting documents to get a better idea of its actual revenue, costs and expenses in a determined period.
All of our business plans have standard components such as an executive summary to explain the company's business and the purpose of the document; industry and local statistics to present the potential of the particular endeavor; background information on the beneficiary/manager/project leader or leading team; explanation of the product, price, placement, packaging and promotion strategies; organizational chart; list of employees; detailed duties; and five years of financial projections. However, as mentioned before, depending on the ultimate purpose of the business plan, we highlight the required elements to fulfill its mission.
Once you hire us, we will send you a brief questionnaire to gather the necessary basic information. We will also schedule a conference call to respond to any questions you might have. And that's it. We will develop the document and send you a draft for your review. We will also make any necessary changes you believe are needed until we produce the final document.
Out standard turnaround time is ten business days, but we can gladly deliver a final draft in less time if needed.
All of our business plans have standard components such as an executive summary, to explain the company's business and the purpose of the document; industry and local statistics, to present the potential of the particular endeavor; background information on the beneficiary/manager/project leader or leading team; description of the product, price, placement, packaging and promotion strategies; organizational chart; list of employees; detailed duties; and five years of financial projections. However, as mentioned before, depending on the ultimate purpose of the business plan, we highlight the required elements to fulfill its mission.
Unless you are changing the business line, which would imply a new business plan, all changes are included.