Success is what we always aim for. Not just in business, but in life as well. Here, we strive for the success of your E2 business. Who does not want that? Failing the E2 business means a lot of failures and losses. 

According to Ashoori Law, an E2 business or investment is recommended to be amount to $100,000 above. This is to ensure that the application will be a success. Anything lower than the said amount will have difficulty with the demanded documents by the immigration officer. Now that you know the amount you have to invest, it is pretty painful and heartbreaking to think it will fail in the United States of America. 

In addition, it is not just the $100,000 that you need to focus on. There are other costs, such as the filing fee, appointment fee, immigration lawyer consultation and appearances fee, and other expenses. So technically, failing in the first month of business in the USA is not the path you wish to go to. 

Do not worry at all. We will share some tips on ensuring that your business will be successful for many years. 

What your business plan should contain?

To know which part of the business plan has a flaw, you should layout the following first and see the totality of the effect of each on the overall business. 

Financial Strategy

The business’s financial position is what the immigration officer will look for during your interview. This clearly states how you will acquire funds to conduct the operation. Furthermore, it will show how the business will gain profit and income from the operation. The income is where the salaries, monthly dues, and stock replenishments will be extracted. 

The trick is to be realistic. Avoid assuming too much income for the first year. Mainly, the worst-case scenario should only be to gain a break-even point in the first year. But you should have a perfect plan to avoid breaking even. To gain profit is the target every time, 

Operational Strategy

This is part s essential to determine the workforce you need to hire. Knowing the right personnel will help you manage wages and salary and the balance in operation. If you hire too much, you will notice you are just doing business to pay them. If you are short-staffed, the daily process will be compromised, resulting in problems with daily sales (if the company is sales). 

Personnel Strategy

Well, you don’t just hire any random person. It would be best to look for those with the best skills tailored fit for the position. If you employ the one suited for the job, you will have less time to train them and more time on the operation stages already. Moreover, look for someone who plans to stay for the company for a long time. 

The reason for this is that posting job ads mean expense as well. And it also indicates that there will be some shortage with your personnel in the operations that may or may not affect the business’s profitability. 

Marketing Strategy

Of course, that should not be neglected. Your marketing strategy should be vital for the first month of the business. This attracts customers and lets your business be known at a wide range. Your marketing plans must be unique and eye-catching for the targeted customers. 

Here, you must know and analyze the groups of customers you are eyeing to be your regulars. Know their pulse and appeal to their interest. 

Your Skill and Experience

Of course, since you are the head of the business and overall operation, you should be the best. Be the best version of yourself by ensuring that you know what you are doing. It would be best if you were quick-witted and not be shaken by any crisis. If there is an economic crisis, you should know how to make a way to keep your business alive. 

If not, even though your business plan is excellent but can’t execute it properly, it will all go the drain. 

Conclusion

Your business is something where you put your dreams and goals in life. Losing it is like losing a part of you because what will be lost along with it is the money you have invested. Which we all know is not easy to acquire by scratch. Moreover, you might lose confidence in yourself, thinking that you are not well enough in that field. 

We are praying that this must not happen to you. And so, browse over this page and let us help you succeed in your E2 business.