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DEUX-MONTAGNES · E-2 FIELD GUIDE

How should the repair overrun change the investment budget?

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THE DIRECT ANSWER

Treat the overrun as part of the cost of establishing the enterprise and rebuild the schedule, rather than adding it as a footnote. Separately budget professional fees, and ask counsel which of them are business costs and which are immigration-preparation expenses, since the treatment depends on the actual facts. Government fees should be confirmed at the time of filing.

Protect working capital while the repairs run

Repairs consume cash that the opening months were meant to have. Decide now whether to reduce scope, renegotiate with the seller, or add capital, and record the choice. A reserve of several months of operating expenses is a common planning example, not a legal threshold.

Show that the enterprise can still reach the projected activity that supports the non-marginality discussion; no outcome is promised and no return is assured. One signature should authorise each release of funds, and that discipline matters most while the pressure rises. Repair overruns generate urgent requests from people who are not carrying the immigration consequence: a contractor wants a change order approved today, a supplier wants a deposit to hold a delivery slot.

Requiring a single authorisation keeps the spending matched to the file. Record the reason for each decision as it is taken, because the investor will later have to explain why scope was cut, capital was added, or the seller was asked to contribute. Confirm government fees with the relevant agency at the time of filing rather than carrying an older figure forward.