How to Write a UK Tier 1 Entrepreneur Visa Business Plan
If you are researching into how to write a UK Tier 1 Entrepreneur Visa Business Plan, then you are looking in the right place!
In order for your Tier 1 Entrepreneur Visa Application to the UK to stand the best possible chance at the UK Home Office, British Embassy or British Consulate, our specialist UK Visa plan writers have gathered all our years of financial and immigration experience to give you a general plan writing guide that sets out the basic components to your business plan.
For a bespoke and tailored business plan that is both commercially viable and compliant under the UK Immigration Rules, you should contact us at email@example.com. We will do all the necessary market research and analysis as part of the service, as well as allowing you/your immigration solicitors or immigration lawyers a chance to provide us with any reasonable changes/amendments as part of the fixed fee service.
In Your UK Visa Business Plan, it is important that you watch closely to the “four key components”. This is so that you are mindful of the strict UK Immigration Rules and show you will meet the requirements when you come for a Tier 1 Entrepreneur Visa Extension:
The Four Key Components
1) Investing £200,000/or £50,000 in the first three years;
2) Hiring two permanent British staff for at least 12 months in the first three years;
3) Registering your company in the first 6 months; and
4) Providing a detailed financial forecast for the first five years.
As well as the above, it is important to ensure your business plan should include the following:
- Executive Summary
- Keys to Success
- Company Summary
- Company Ownership
- Market Analysis Summary
- Market Segmentation
- Competition and Buying Patterns
- Marketing Strategy
- Sales Strategy
- Sales Forecast (monthly/yearly)
- Management Summary
- Personnel plan
- Start-up funding
- Break-even Analysis
- Profit and Loss projection
- Cash Flow Forecast
Now, some of this may seem quite technical as often, it can be – however we will be happy to explain anything in the plan that you may not be familiar with, for example:
- What is “break-even”?
- How do you calculate “profit and loss”?
- What is a “cash flow forecast”?
It is important to know these basic terminologies as the Immigration Officer may ask you such questions at your Visa Interview.
In many instances, our business plans are so robust, thorough and informative that Immigration Officers have been satisfied with our UK Visa Business Plans and decide not to interview the applicant at all!
Nevertheless, it is always good to be prepared and as part of the service, we send our clients a List of Potential Visa Interview Questions upon request, just to ensure they are as confident and as well-prepared as possible.
Our team of expert UK Visa Plan Writers will be delighted to assist you with your UK Visa Business Plan matters.
Industries we can assist with include:
- IT Consultancies;
- Recruitment Consultancies;
- Import/Export Companies;
- Interior/Exterior Designers;
- Industrial Factories;
- Construction & Manufacturing Companies;
- Concierge Services;
- Spas & Salons;
- Art galleries and many, many more.
Tier 1 Entrepreneur Visa Refusals
If your Tier 1 Entrepreneur visa application has been refused because the business plan you had originally submitted was insufficient, please contact us urgently as we may be able to help by providing you with an impartial and expert opinion to assist your Administrative Review, Appeal or Judicial Review application.
Alternatively, we can assist you with any amendments and improvements to your previous business plan, otherwise it may be worth drafting a completely new document.
For further information on how we can assist you, please e-mail us at firstname.lastname@example.org, or pop us a message using our enquiry box which can be found below or HERE.
We look forward to hearing about your business!
*Please note, UK Visa Business Plans is not a firm of immigration lawyers, solicitors, advocates or attorneys. We do not offer legal advice or services. If you find yourself requiring legal assistance, please ensure you choose a lawyer who is regulated by the relevant authorities.
Tier 1 Entrepreneur - Your Business is our Business
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UK Visa Business Plans © ALL RIGHTS RESERVED.
Please note that we are not immigration lawyers, solicitors or attorneys. If you require specialist immigration legal advice, please contact a firm who is regulated by the relevant government regulatory body.
Our service is to provide a business plan, which does not imply an offering of securities. www.ukvisabusinessplans.com