EB-5 New Client Questionnaire

Transcription

1 EB-5 New Client Questionnaire

2 Thank you for your interest in our EB5 Direct Investment Business Plan with Private Placement Memorandum package. This package is intended for those that need a direct investment business plan that will be targeting multiple EB-5 foreign investors. If you are the sole investor, you likely do not need a package like this. This package is incredibly affordable considering that it includes a draft private placement memorandum, which itself normally costs many times over what we are charging for the entire package. Options include prepaying the package for $2,700, prepaying rush preparation for $2,800, or paying for the package in two payments of $1,500 each. By signing our Letter of Understanding (a sample is included with this package and we will send one prepared for you upon purchase of the package) via DocuSign, and completing the questionnaire below, we can get you a draft plan and private placement memorandum within two weeks to three weeks depending on the payment method you choose. The $2,700 prepaid version will be delivered within two weeks, the $2,800 rush version within one week and the $3,000 version within two to three weeks. Once you decide, you can purchase them here. All delivery dates are from the time we receive payment, the signed Letter of Understanding and the completed questionnaire. We try to make the initial information-gathering process as easy as possible for you while still enabling us to create for you the best and most descriptive plan possible. Because this plan must conform to the USCIS requirements for an EB5 business plan, the questions have been organized based on the structure of our plan. This will ensure that we can provide you with the plan that best represents your project. In order for us to produce an investor-attractive plan, we need all of the information requested in this form or your authorization to let us create missing information for you based on industry standards. Not all areas can be completed by us and they are so noted; if the information to complete those areas is not provided, your plan will reflect that. After the numbered instructions below is a matrix where you can elect have certain parts of the plan completed by us. Please keep in mind that the pricing of this package reflects your willingness to provide the information required or to allow us to provide it based on industry standards. The instructions are few but important. 1. Please take the time to go through this form carefully and fill out everything. Again, the questionnaire has been organized according to the sections in the plan so that we can ensure we get all the information we need from you. 2. Fill in the contact information. There are "[Click here to type Information]" fields in this area.

3 3. The sections that we will complete or complete from your information have been omitted from this questionnaire; you do not have to concern yourself with them. At some point we may request additional information to help us develop the plan. What remains are questions to which we need thorough answers so that we can an effective plan. We need a solid description of your company, how it is organized and the biographies of the principals. Additionally, we need a very thorough description of your project with any graphic supporting material. We need an estimate from you as to the number of full-time positions you feel the project will create and the titles for those positions. If you can describe the t arget market for this project, that would be helpful. Finally, it is very important that you define by county or zip codes the areas that will be affected by this project because that is the essence of the EB5 plan its impact economically on the community (communities) in which it will be undertaken. 4. Please complete the projected financials section or authorize us to complete this for you based on industry standard financials. 5. Photographs/Logo: We have provided an area where you can insert your logo, photographs of your product or service, or photographs of your staff. We may not use them all or may ask for them in a different size, but at least we will have them. Business Plan Content Choices Type Yes or No in the Choice Column Business Plan Part Choice Would you like us to create industry-standard financials for you, which means that you understand that these are industry prototypes? (Saying yes to this means you agree to have industry-standard, validated financials developed for you.) Based on your job titles, would you like us to develop job descriptions for you? Would you like us to identify your target market and determine the demand? If you do not know the industry for your project, would you like us to determine that? Would you like us to identify and represent your competition? If the answer to any of the above is no, we will need the information from you. Thank you again and we look forward to working with you. Valerie Braun

4 CONTACT NAME: LEGAL OWNER: LEGAL NAME OF ORGANIZATION: NAME TO BE USED ON PPM LETTER OF UNDERSTANDING: PROJECT NAME TO BE USED ON PPM LETTER OF UNDERSTANDING: NAICS CODE(S) OR INDUSTRY: COMPANY MOTTO, IF ANY: COMPANY VALUES: COMPANY ADDRESS: CONTACT TELEPHONE: CONTACT THE COMPANY WEBBSITE URL, IF ANY: HOW LONG HAVE YOU BEEN IN BUSINESS? TAX STATUS: AMOUNT OF FUNDING REQUIRED: WHAT COUNTY (COUNTIES) ARE INVOLVED? IN WHAT STATE WAS YOUR BUSINESS INCORPORATED?

5 The following information is what we need from you in order to draft this section of your business plan. Description Of The Project Describe in detail the project for which the EB5 capital will be used. If the project involves manufacturing, we need to know what the process is and the sources for items used in manufacturing the product. How many EB5 investors will be accepted to participate in this project. (just one at this time, self invested program/company) What is the overal anticipated timeline for this project? Company Description How is the Company currently structured legally and operationally? Biographical information on Company principals. Biographical information should be based on the experience that the major personnel have that enables them to run this company. Company Locations and Facilities Where is the company headquartered? If this is a construction project, what is the location of the construction site? How Many FTE (Full-Time Equivalent Jobs) Will Be Created? (Not all rows or columns may apply to your project; add more rows, if necessary.) see organizational chart with numbers. Number of Jobs Created Job Title Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

6 Company Structure: If your company has an organizational structure in place, please fill in the editable chart below. Mission Statement Implementation of Business Plan Competition What is the Value Proposition for this EB-5 Investment Opportunity? Sources of Proceeds Sources of Funds Amount Percentage

7 Use of Proceeds Expenditure Amount Financial Information What we are presenting here is information on what the USCIS will require for your financials as well as how you can help us and how we can help you. That we will need to present a five-year revenue and expense model validated to local industry standards is a given. Current percentages of revenue for each cost category are offered as samples if you prefer to use those. To use the Excel workbook included with this questionnaire, please enter the information based on the type of project you have. If it involves construction and operation, please complete as much as you are able to of the tabs titled Construction and Operations. If it only involves one or the other, please complete as much as you are able to on either sheet. Whatever option you choose, please enter figures only in the highlighted yellow cells or add additional lines to provide more information. If you do not believe that you can provide this information, please authorize us to develop this information based on industry standards. Again, if you have your own set of financials, we will be happy to work from those. We are happy to work with you either way if you have financials developed or not. Target Market Analysis If you know what your target market is, you may describe it here. Otherwise, we will help you develop this section as part of the market research. PHOTOGRAPHS We may not use all of these or you may not have them but at least anything you do have along these lines will give us a better idea of who you are. These can be your logo, product pictures, proposed locations, facility pictures, or pictures

8 of your staff. Describe in the cell below the picture what it is. Pictures at about 150 x 150 pixels are best. Logo, If Any

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10 Direct Investment Plan Table of Contents The actual plan may contain more than this depending on availability of market research information. Table of Contents 1.0 Executive Summary 1.1 Project Description 1.2 Location 1.3 NAICS Codes 1.4 Job Creation Overview Economic Impact Overview 1.5 Market Potential Outlook 1.6 Financial Summary Sources and Uses of Funds Net Operating Income and Net Income Forecast Summary Table 1.7 Matter of Ho Business Plan Compliance 1.8 Project Hiring Timeline 2.0 Company Information 3.0 Company Description 4.0 Staffing 4.1 Staffing Matrix 4.2 Job Descriptions 5.0 E-Verify 6.0 Market Demand Analysis 7.0 County 8.0 City 9.0 Market Analysis 9.1 Industry Information by IBISWorld 10.0 Competition 11.0 Strategy and Implementation 12.0 Financials 12.1 Income Statement 12.2 Cash Flow Statement 12.3 Balance Sheet Data Sources

11 Private Placement Memorandum Table of Contents 1. COVER PAGE 2. SUMMARY OF OFFERING TERMS 3. SECURITIES DISCLOSURES 4. BUSINESS PLAN 5. EB-5 IMMIGRATION DISCLOSURES AND RISK FACTORS 6. RISK FACTORS Exhibit A - Operating Agreement Exhibit B - Subscription Agreement Exhibit C - Investor Questionnaire Exhibit D - Escrow Agreement Exhibit E - Project Cost Estimates Exhibit F - Pro Forma Financial Projections

12 For this sample, I used myself as the business. Sample DocuSign Envelope ID: FC3D E-400B-BE48-824F B Sample Letter of Understanding for Preparation of a Private Placement Memorandum Valerie Braun Re: Letter of Understanding Regarding the PPM Preparation for SWBS by Southwest Business Services Dear Southwest Business Services: We understand that you have agreed to draft a Private Placement Memorandum for SWBS. We further understand that your preparation of this document is in a completely clerical capacity and with the sole intent that it will be reviewed by an attorney for content, relevance and correctness prior to submission to the USCIS. Valerie Braun understands that Southwest Business Services does not offer legal advice and is not a legal firm; nor is Southwest Business Services affiliated with an attorney. With that understanding, Valerie Braun authorizes Southwest Business Services to draft a Private Placement Memorandum that will be reviewed by an attorney. AGREED: 3/16/2015 Valerie Braun SWBS Date