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E2 Visa Immigration Plans Need Five Year Financial Projections

The United States of America is a country with promises. It promises a super professional future to students and brilliant opportunities to businessmen. Thousands of people aspire to step into the country to get a taste of these opportunities and become successful.

This is easier said than done. Immigration for business purposes, specifically, requires lots of planning and effort. Well etched immigration business plans are required to ensure that the visa request is not rejected.

Understanding E2

Reasons that pull people to America are many. There are different kinds of visas that allow immigration to U.S., but the E2 is a tough nut to crack. The E2 Treaty Investor Visa is a temporary visa that allows people from countries that maintain a treaty of commerce and navigation with U.S. Getting an E2 visa is not easy. Among other documents and essentials, you need a concrete business plan. It requires a plan that guarantees not just successful operations, but also an overall success of the business concept and idea. This business should be a long term asset to the U.S. economy.

Must Haves for Your Immigration Business Plan

Some important things you must include in your plan are as follows:

  • Need for Your Product or Service: Setting up a business is alright, but is there a demand for what you plan to offer? Does it fulfill a consumer need? If that need is already being fulfilled, what is the uniqueness that you offer? What will be your distinguishing factor? Besides focusing on product details, answer these questions in your plan.
  • Competitive Analysis: Study your competition well. Better understanding of competition you reflect in your plan, more serious you appear about your business. Not just competition, be detailed about all possible risks and threats. It is the first step to being prepared.
  • Plans: That is what your plan will contain by default. Touch all important points like product launch, distribution, marketing, pricing, talent hiring, and so on. Do not be vague, give clear numbers like how many people you need in the first, second, and third tier of operations, a clear break up of your start up costs, and financial requirements for the consequent years.
  • Financial Projections: This section is extremely critical. A regular plan is not enough. To demonstrate profitability, you need to give detailed and crisp financial projections. Not just for the first two years, but at least for the next five years. Include clear numbers for your estimated costs, cash flows, and profit and loss statement. You need to back these estimations with external sources and data. If you have an existing business, attach the past financial statements.

Dig in a little deep to study U.S. numbers and global trends for your industry. Include average growth rates, annual growth rate, gross margins, taxes, and other important information. Not just for the sake of the visa, but for a better understanding your industry and growth prospects.

To ensure that your effort is not wasted, consult a skilled attorney to help you out with the required documents. For the plan, it is advised that you seek services of a professional business plan writing company that has adequate past experience in creating E2 visa immigration business plans. Do not settle for anything less than the best.