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THE E-2 INVESTOR VISA RESOURCE CENTER

E2 VISA REQUIREMENTS

Overview
Treaty Nationality
Treaty Countries
Investor's Control
Investment Amount
Source of Funds
Real Operating Business
Minimum Business Size
Spouse and Children
Foreign Employees
Application Procedures

START-UP OR BUY BUSINESS

Buying a Business
Buying a Franchise
Registering Company
Purchase Contract
Business License

E2 LAW AND RESOURCES

E2 Regulations
Foreign Affairs Manual
Court Cases
Agency Guidance
Social Security Number

Buying a Business

Many find the idea of starting a business appealing, but lose their motivation after dealing with business plans, investors, and legal issues associated with new startups. For those disheartened by such risky undertakings, buying an existing business is often a simpler and safer alternative.

Advantages

The main reason to buy an existing business is the drastic reduction in startup costs of time, money, and energy. In addition, cash flow may start immediately thanks to existing inventory and receivables. Other benefits include preexisting customer goodwill and easier financing opportunities, if the business has a positive track record.

Disadvantages

The biggest block to buying a business outright is the initial purchasing cost. As the business concept, customer base, brands, and other fundamental work have already been done, the financial costs of acquiring an existing business is usually greater then starting one from nothing. Other possible disadvantages include hidden problems associated with the business and receivables that are valued at the time of purchase, but later turn out to be non-collectable. Good research is the key to avoiding these problems.

THE INFORMATION ON THIS WEBSITE IS NOT TO BE CONSIDERED LEGAL ADVICE. SUCH INFORMATION IS INTENDED TO EDUCATE MEMBERS OF THE PUBLIC GENERALLY AND IS NOT INTENDED TO PROVIDE SOLUTIONS TO INDIVIDUAL PROBLEMS. READERS ARE CAUTIONED NOT TO ATTEMPT TO SOLVE INDIVIDUAL PROBLEMS ON THE BASIS OF INFORMATION CONTAINED HEREIN AND ARE STRONGLY ADVISED TO SEEK ADVICE FROM A QUALIFIED ATTORNEY REGARDING SPECIFIC CASE SITUATIONS.

All services relating to immigration and naturalization provided by the Law Office of Bobby C. Chung, P.C. are provided by lawyers who are active members of the State Bar of California or by a person under the supervision of a licensed lawyer.

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