Marge Lessard Lucid Professional Write Source Writing Martin - - PowerPoint PPT Presentation

No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

Martin Lawler

Lawler & Lawler

Marge Lessard

Write Source

Suzanne Lazicki

Lucid Professional Writing

Kurt Reuss

Primary Capital

Phil Cohen

Strategic Element

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PRESENTED BY:

No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

Selecting a Business Plan Writer

• How long does it take?
• What does it cost?
• Experience?
• Synergy with a team?

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No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

Purpose of the Business Plan

I-526 approval (USCIS approval) Support investor decision (Marketing)

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No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

Purpose of the Business Plan

I-526 Approval

• ’Matter of Ho’ compliant
• Comprehensive
• Credible
• Consistent
• Supports reasonable inferences

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No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

Purpose of the Business Plan

Support investor decision (Marketing)

• Clear language
• Concise organization
• Describes an appealing project

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No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

What Goes Into Business Plan

• Project description
• Management background
• Sources of funds
• Feasibility study
• Sales & marketing plan
• Expense and revenue projections
• Timeline
• Source material (cited)

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No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

Duration

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• Immigration attorney (project manager)
• Preliminary job estimate
• Business plan & economist report (3 weeks)
• Securities attorney (4 weeks)
• Immigration attorney pulls the I-924 package together (3 weeks)

*Count on 3-4 months to complete offering package

No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

EB-5 Specialist

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• Working relationships with EB5 professionals
• Data subscriptions
• Mindful of RFEs and USCIS memorandums

No legal advice is being provided; the material and comments discussed are intended to provide general information only

WHAT GOES INTO AN EB5 BUSINESS PLAN? ‹ ›

What to Avoid

• ‘Kitchen Sink’ RFE
• Too many conclusive assumptions
• Contentious issues (tenant occupancy, troubled business)
• Poorly justified or vaguely worded
• Inflated estimations (hiring, revenues, spending)
• Inconsistencies (internal and external)
• Reliance on templates
• Excessively long plans

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