Are you in the process of expanding your business to the United States? If so, you may be asking yourself, “What’s the difference between a regular business plan and an E2 business plan?”
There are actually several key differences you’ll want to keep in mind. Understanding the expectations of your E2 Visa application will make or break your approval to do business in the U.S.
How do E2 business plans differ from traditional plans?
E2 business plans and traditional business plans do have some similarities, but there are also significant differences. A traditional business plan is written for the purposes of management and investor relations, so it won’t meet the stringent requirements of the USCIS.
E2 Immigration Visa Business Plans are written to convince USCIS officers that a business has the potential to create a specific number of jobs. The petitioner (also known as an investor) must detail how the business will create those jobs. A traditional plan, on the other hand, is written to attract investors and assist management in running the business.
The wording of an E2 business plan is more formal than a regular plan. It must reflect immigration laws, as well as business guidelines. As the plan is written, the author must keep in mind that the immigration officer reviewing the plan may not be familiar with a lot of jargon. Like any professional business plan, your E2 business plan should be easy to read, with no errors in grammar or spelling.
Format and Content:
The format of E2 and traditional business plans will also vary. In general, an E2 business plan includes a lot of information on the visa applicant. This is in addition to what is found in other business plan types. Every E2 plan should include:
- An Executive Summary – An introduction, organization structure, summary of start up costs, objectives and mission, and sales forecast for a 5-year period.
- Company Info – ownership details and services
- Management Structure – Job and salary forecasts, personal plans, manager and executive list
- Market Analysis – Buying patterns, competition, target market strategy and market segmentation
- Strategy and Implementation – Sales and marketing strategy/forecast and competitive edge
Because of the strict requirements the USCIS places on E2 visa petitions, it’s highly recommended that applicants work with a business plan consultant. MBA writers are familiar with immigration law and business guidelines in the US and can assist you.
Get Started Today with an E2 Business Plan Expert from Bargain Business Plan
At Bargain Business Plan, we know that business plans are not one size fits all. Our MBA writers take the time to get to know their clients.Our professional E2 business plans are carefully written, and always include a strategic employment plan. Bargain
Business Plan has all the skill and experience necessary to convey to the USCIS that your business will succeed. Don’t risk your visa approval! Contact us today for a risk-free consultation.