Information That Must Be Included In Your Tier 1 Entrepreneur Visa Business Plan - ONS Business Consulting
Business Plan is one of the key factors when you apply for Tier-1 Entrepreneur Visa. It can be the deciding factor for getting your visa granted or rejected. On a general basis, a poorly written Tier-1 Entrepreneur Visa Business Plan accounts for 1/3 of all the rejections.
So, when making a business plan, you need to ensure that you know each and every detail of the plan, right from start to finish. Also, the plan should be created with the advice of experts so that it would help you get your visa granted.
According to the best Entrepreneur visa lawyers, your business plan should be created in a way which would reflect that you have researched the proposed business in details. The business plan must be clear and effective enough to let the Home Office get surety that you have complete knowledge about your customers, suppliers as well as competitors.
And to achieve this, your Tier 1 Entrepreneur Visa Business Plan should provide:
- a thorough description of your business covering its products, and services
- your investment funds (that how much you would be able to spend between £50,000 or £200,000)
- a forecast of your finances or financial condition for the next 3 years
- your qualification and previous experience in the related industry
- a comprehensive market research on the proposed business, including the SWOT analysis
- information about your customers i.e. who will be your customers and how you will reach them your prices
- the location where you want to set up your business and the details of the commercial lease
- information about the registrations and licences that you will need
- a plan for employing two settled people. Who they are and what will be their roles and responsibilities within the business
- Information about your professional advisors, including accountants, lawyers and more
- Make sure to mention everything in the plan accurately, be it the figures, qualification, or experience. It must be consistent and should match with the documentation that you provide as a proof with your application.
Having this knowledge about the business plan is necessary but is not enough to write a plan. So, you are advised to hire the professionals who can create tailor-made Tier-1 Entrepreneur Visa Business Plan as per your requirements.
Nice information on here, I would like to share with you all my experience trying to get a loan to expand my Clothing Business here in Malaysia. It was really hard on my business going down due to my little short time illness then when I got heal I needed a fund to set it up again for me to begin so I came across Mr Benjamin a loan consultant officer at Le_Meridian Funding Service He asked me of my business project and I told him i already owned One and i just needed loan of 200,000.00 USD he gave me form to fill and I did also he asked me of my Valid ID in few days They did the transfer and my loan was granted. I really want to appreciate there effort also try to get this to anyone looking for business loan or other financial issues to Contact Le_Meridian Funding Service On Email: lfdsloans@lemeridianfds.com / lfdsloans@outlook.com He also available on WhatsApp Contact:+1-9893943740.
ReplyDelete