The Credibility of Employment Opportunities

1. The Credibility of Employment Opportunities The business model has already proven successful. This lends a type of credibility to your Franchise Business Plan that a brand new business simply can not. When you are investing in a business to apply for your EB5, you need to show that your investment will be spent creating jobs in the United States. Specifically, the business is required to create ten full-time jobs or the equivalent in part-time positions in the 18 to 24 month period after your I-526 is approved. The benefit of choosing to invest in a Franchise is that the Franchise Business Plan can use a proven model of successfully adding employees throughout that timeframe. Is there a Possibility to Open a Franchise in a Targeted Employment Area? Opening a brand new business in an area that is experiencing financial hardship can be a risky endeavor. However, if a Franchise Business Plan can show a likelihood of success even in a rural area or metropolitan area experiencing high unemployment rates, this could open an opportunity for you to invest less and still be eligible for an EB5. Let's review the requirements for a Targeted Employment Area. A Targeted Employment Area is a region that is designated as either a rural area with less than 20,000 people or a metropolitan area with an unemployment rate of more than 1.5 times the national average.

2. When you invest in a business in a Targeted Employment Area, the investment hurdle can be lowered to $500,000. This is half of the one million otherwise required for EB5 investments. Keep in mind that the Franchise Business Plan would still need to be modified to include a market analysis of these particular areas. You would have to find a plan that would still show credible feasibility for growth in one of these types of locations. If You Receive a Master Plan, do You Still need a Business Plan Writer? The other benefit of choosing a franchise business is that often, the business will offer a masterplan to its franchisees. This greatly reduces the workload of creating a solid business plan. The short answer is yes. Even if the original business offers it's masterplan to franchisees, you still need to tailor that masterplan to the specific business you are investing in. This is especially true if this investment is intended to be the basis of your EB5 application. Immigrant Adjudicators are looking for credible business plans, with projections founded in specific market analysis. A market analysis that worked in one state or even county may not apply to the variables that a brand new location presents. A Business Plan Writer will be able to modify an existing master plan to account for the differing circumstances of this particular business venture. Since EB5 approval requires that your investment leads to the creation of new jobs, the particular job market in the location of your franchise will be especially important. Besides, there is no guarantee that you will be handed a masterplan in the first place. In that case, an expert Business Plan Writer can create a detailed, credible plan from scratch. Where to Find a Business Plan Writer There are always freelance Business Plan Writers that you may find in your basic internet search. However, the credibility and ability of that individual to return quality work in an acceptable timeframe will always be questionable. There are some more formulaic Business Plan Writers for those of you that are budget conscious. One example would be Wise Business Plans. However, for an EB5, the credibility of the market analysis in any business plan will be especially important. There are larger firms such as Joorney that have a proven record of quality work and some of the fastest turnaround times in the industry. At Joorney, you could trust that you would be met

3. with respect and capability. Whether you choose to invest in a franchise or other business, you will need a solid Business Plan when it comes time to submit your EB5 application to an immigrant adjudicator.