Preparing business plans for entrepreneur visa holders
Every year Westkin Associates helps hundreds of migrants obtain the Tier 1 Entrepreneur visa. Having been at the forefront of the Tier 1 Entrepreneur visa program since its inception we have obtained a high level of experience in what works and what does not work for these types of applications.
The primary reason for a positive decision when applying for the Tier 1 Entrepreneur visa is meeting the Genuine entrepreneur requirement and the key document in meeting this subjective requirement is the business plan.
SO HOW DOES WESTKIN PREPARE BUSINESS PLANS FOR ENTREPRENEUR VISA HOLDERS?
Firstly, our lawyers will assess your background, this includes your education, work and business experience, we then match this with your desired business in the UK and ensure that it meets both the historic and current approval trends. This is because the Home office has a bias towards certain types of business and therefore picking the right kind of business gives you a better chance of success.
Once you have agreed the basic concept of the business plan with our lawyers we then provide you with an input questionnaire, this is your opportunity to provide a desired direction for the plan, this can include matters like what the company should be called, what the basic services or products may be, or what kind of job roles need to be filled. – You can provide as much information or market research as you feel comfortable.
We then match you with a professional business plan consultant whom will work with you to create a professional plan that is attractive in a business sense but most importantly is appealing to the Home office. We can do this because we have been developing business plans for this purpose since the Entrepreneur visa was launched, as a result we have obtained best practice and knowledge over thousands of applications.
The next step is that your business plan will go through a round of checks, here you will be able to provide feedback on any amendments or additions you would like to make. Westkin will also provide feedback to the planwriter to make sure it meets the latest Home office standards and trends. You can provide as much feedback as you like, we do not believe that you should be charged extra for this!
At the end of this process What you end up with is a detailed, well researched and well written business plan that you had an input in writing, but has also been prepared by a professional business plan consultant and Immigration lawyer. Most importantly however, you are involved because it’s your application and you deserve a plan that you can be proud of.
The business plan is incredibly important as it will be the basis of what we build your case around and the plan will act as your reference point for the rest of the Genuine entrepreneur assessment, including if you are required to attend an interview.
Once the final draft of the business plan is written you will be able to arrange a conference with the business plan writer for them to explain the details of the plan, you can also spend your own time to study the plan which is highly recommended.
In case you are required to attend an interview, your immigration lawyer will provide you with real life interview questions and conduct mock interviews with you. During this mock interview your lawyer will provide you with tips and feedback on your answers to make sure you are providing the best possible answers about your business plan.
In some cases, clients ask if they can use their own business plans, this is possible but most of the time these plans are not of a sufficient quality or do not focus on or even contain the sections that the Home office like to see. Therefore we may be able to use your plan as a foundation when re-writing it to a standard that is sufficient for the Home office.
In most cases the business plan is included in our fees and because we have long standing relationships with professional consultants the market value of the business plan is far higher than what is included as part of your fees, as such it would cost your twice or three times as much to produce a similar level of plan on the open market. Speak to our lawyers now on 0207 118 4546 or email is on email@example.com