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Business Plan

Your business plan needs to evolve as your business grows.

When Starting a Business Plan

What are the questions to ask when starting a business plan?

 

When you are starting to build your own business, details can be overwhelming. Asking questions about the purpose and operations of your business and documenting the answers is the first step to creating a business plan.

 

Business Plan

 

  • A business plan lets you know where you are and where you want to go. If you don’t have experience running a business, you may not know where to start.
  • Your business plan can help you figure out how to find an investor or get a business loan.
  • Writing down your questions will help you answer them later. The better organized the map is, the more likely you’ll reach your destination.
  • Don’t think your business plan is not important. It’s actually the backbone of your company and a foundation from which your business will be built.
  • It will serve as a roadmap for the business in the first several years of starting.
  • There are no particular rules or requirements you have to follow when writing a business plan such as a particular length, subject matter, presentation or format.

There’s a simple way to greatly improve your odds: get an immigration visa plan developed by the experts. Our specialized immigration team has created more than 1,500 E-2 and L-1 visa business plans, more than 300 EB-5 direct investment plans, and a wide range of Regional Center-based investment projects, thousands of Approved Visas. We’ve learned exactly what adjudicators look for:

Substantial, at-risk capital investment correctly applied. Realistic financial projections and job creation forecasting. Clear, quantified market need and detailed descriptions of management roles & duties.

Immigration Business Plans

 

U.S. Customs & Immigration awarded 140,000 employment-based immigration visas last year, but getting one isn’t easy. After you invest time, energy, and thousands of dollars, USCIS could deny your visa application just because your business plan wasn’t good enough.

At the core of any asset protection plan is a professional and legal examination. An expert can assess one’s financial situation, assets, risks as well as personal or family goals.

There is a variety of legal techniques you can implement that provide a range of protective features. This can be from simple financial privacy all the way to judgment-proof asset protection. The planning is tailored to the assets, risk and comfort level of the individual or family seeking protection.

For the most benefit, planning should take place before the need arises. However, there are options that provide asset protection after lawsuit is filed. Asset protection is a grand form of financial insurance. It should be implemented well in advance of the need for it in order to avoid a fraudulent conveyance ruling. (Keep in mind this is merely a civil matter, not a criminal one.) Plans are much more effective for debtors who have the foresight to set them up in before a lawsuit strikes. So, get complete to understand your needs, but once you do, take action.

Asset protection planning is creating a complete financial plan taking one’s entire situation into perspective. The legal and financial vehicles used range from insurance policies, state homestead protection laws, business vehicles are estate planning instruments. In more involved cases this often includes multiple legal jurisdictions. This includes foreign countries where the laws are more favorable to the defendant or debtor.

These concepts are designed to deter a legal opponent from pursuing you. They should make it
complicated, if not impossible, for someone to take your assets in a lawsuit if a judgment result.
With proper planning an individual can protect his or her lifetime of accumulated wealth,
savings, real property, investments, even future income.

Why our Business Plan?

 

From financial modelers to market researchers, our team of experts will develop a custom immigration visa plan based on the exact visa you’re seeking. Here’s what to expect:

  • Collaborate with an experienced project manager who’s developed hundreds of immigration business plans.
  • Get your business plan in as little as 7 days.
  • Your plan is guaranteed. If you get a Request for Evidence (RFE), we do the edits for free.

Questions to Ask When Writing a Business Plan

Each business exists because there’s an opportunity to be filled. You have to define the need and/or problem you are solving.

Introduce the business itself. Include a mission or vision statement with the objective detailing how the business satisfies the market.

If you are excited about the idea of people buying your product or service because it provides something useful, it’s hard to be critical of your business. You have to think about the driving force of your customer’s buying habits and why they buy.

Describe your business and what differentiates it from other businesses. This way you can understand the unique attributes that will attract customers.

Chances are high that a similar business to yours already exists, even if it’s a start-up in another town. Strive to offer a new solution to an old problem or a level of service that goes above and beyond the standard for your local industry.

Once you understand the market you are getting into such as the size, profit potential, and attractiveness, then you can understand if there’s opportunity.

By narrowing your client base, you can define your marketing strategy. You can’t serve everyone. Think about factors such as age, sex and working status to do some initial market research.

Your demographic can evolve over time, so don’t commit to one niche. You can also expand to other markets once you have expanded to other markets.

Understand where your money is coming from such as margins, expenses, and pricing structure. You have to know how, where, and how much you are going to sell.

Who are you going to pay, what services and partners do you need to pay, and how much do you need to sell to be more than what you owe.

Understand the capital requirements to know where your business is now, and what’s needed to continue forward.

You have to have a marketing strategy similar to other businesses.

All businesses have to start somewhere, and this varies from business to business. Who do you need to hire? How much money do you need? These are the questions you should ask to know what money you will need?

Your business plan needs to evolve as your business grows.

Every Business Needs A Business Plan

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