BUSINESS PLAN

INTRODUCTION

A business plan is a formal statement of a set of business goals, the attainability of these goals, and the plan for reaching these goals.  At Tsang & Associates, we have written numerous business plans for a wide range of industries. Our attorneys will assess your circumstances and assist you in creating a professional business plan tailored for your request and purposes. Consultations are free and we look forward to speaking with you.


SERVICES

Our attorney will prepare and draft a professional confidential business plan, in addition to providing you:

-CPA Certified 5 Year Financial Projection;

-Attorney certified legal status of corporation from non liability;

-Market Research;

In short, we provide a start to finish service. Your case is safe with us until the case is complete. 

PAYMENT

Legal Fee $2,500

Free Consultation

*Legal Fees vary based on complexity of each case, and the above quoted price represents the amount we charge for a typical case. 


ADDITIONAL INFORMATION

A business plan is a living document that the leadership team uses to implement business strategies over the short and medium term.  Ultimately, it is a powerful tool which guides you through the various phases of the business. A well-written, comprehensive plan should both reduce risks of business failure and increase the business's ability to succeed in operational, legal, technical, and financial aspects of the business. A business plan will also explore, examine, and analyze competitive issues head on, and then determine how to counter them. It surveys its intended market, the associated risks and opportunities, and strategies for reaching that market. Business plans will also provide you with a realistic set of financial projections with expected revenue and expenses.  Our team will assist you in creating a plan that addresses these issues in depth and comprehensively.

Business Plan for Immigration:

One of the most important documents when applying for a business or work related visa is the business plan.  Presenting a comprehensive business plan is vital because it demonstrates that your business is sustainable and will have a positive impact on the U.S. economy.  It backs up the argument that your business activity will create jobs and expand capital investment for the U.S. Citizenship and Immigration Service (USCIS).  Business plans are occasionally written to gain interest from outside venture capitalists to invest in a company.  It functions as a roadmap for business success, and generally projects the company's success three to five years into the future. A  business plan is commonly required for E-2 Investor, EB-5, L-1, B-1, and E-1 visas.

Apply for business loans and grants

All business loan programs will require  a well written and strong business plan in conjunction with the loan application.  It is critical that the business plan have a comprehensive and detailed financial section, including profit and loss, cash flow, and balance sheet.  Business plans for not-for-profit organizations should also be tailored to attract substantial grants in order to meet their mission and goals.  At Tsang & Associates, we know just what potential investors are looking for in your business.

Generates interest from prospective investors

A business plan is a springboard towards greater success in the future, it is your company or organization's main selling point to your potential investors.  It is an essential tool to raise new capital, and consequently necessary for long term sources of capital, investment, growth, and business survival.  At Tsang & Associates we know how to tailor your business plan for potential investors by making the document attractive to their eyes.  Investors are risking their hard-earned capital when they invest in your business, therefore it is vital that they feel that their investment is both secure and has a high potential for returns.

Business Plan for Nonprofit

Non profits have a unique set of needs, goals, and requirements.  Thus they can differ substantially from for profit organizations, which are oriented towards maximizing profits.  Business plans for non profit organizations are necessary for securing grants from private individuals and organizations.  They will generally include an Executive Summary, a Needs Analysis, Organization and Management, Marketing, and Financials.  The business plan is your method of communicating your organization's strategy and attractiveness to potential donors.  It is also necessary to create a non profit business plan for certain visa non-profit oriented visa applications, such as EB-4 and R-1 religious worker visas.


CHECKLIST

In order to provide you with the best and most accurate consultation, we recommend that you bring as many of the following information/documents as you can to ensure a productive meeting. 

Questionnaire:

  1. Who are your key partners?
  2. Who are your key suppliers?
  3. Who are your key customers?
  4. What is your management team’s background and experience?
  5. Does your team have experience working on similar projects in the past?
  6. Please provide a listing of all of your products and services/menu items, complete with prices.
  7. What is your current marketing plan?

Documents Needed:

  1. Taxes
  2. Resume(s)
  3. Lease
  4. Menus/Products/Services
  5. Website info
  6. Brochures
  7. Pictures and Graphics of company location
  8. Pictures and Graphics of company service items
  9. Please fill out the financial information on the following pages.  Feel free to attach your own tables if that is more convenient for you.
  10. Financial info, such as balance sheet, statement of cash flows, income statement, financial statement, etc.

Business Plan Components:

  1. Executive Summary
  2. Company Description
  3. Market Analysis
  4. Organization and Management
  5. Service or Product Line
  6. Marketing and Sales
  7. Funding Request
  8. Financial Projections