The best business plans are ones that are "organic", in other words, they adapt and change just like markets, industries and situations change in the real world. In other words, business plans are those who have "set in stone" goals as realistic targets, but fluid strategies in order to meet those objectives.
So, what is a business plan? In its most basic form, a business plan is a written document that describes your business in a few pages, usually between 10-30 pages. Often, it will cover key information, such as its objectives, its short-medium-long term strategies, expected sales, marketing campaigns, competitors' analysis, market research and financial forecasts.
A good business plan helps you to:
Typically, you will need a business plan if you wish to secure investment or a loan from a bank or third party investors. Often, every business will have a business plan so that key decision makers will be able to make informed decisions. A business plan is a great business tool for making critical decisions.
How is a business plan for UK Visas different from an ordinary business plan?
A UK Visa Business Plan will need to have all the above, but they also need to meet the strict UK Visa Immigration Rules.
A business plan for the Start Up or Innovator Visa routes will need to extensively explain strategies for their:
2) Viability; and
In some instances, applicants for these visa categories will need to meet certain requirements in order to expedite their route to obtaining Indefinite Leave to Remain. For example, they may need to meet a couple of the following:
Our team of expert UK Visa Business Plan writers have years of experience assisting applicants draft bespoke and tailored business plans that are commercially viable and compliant under the latest UK Immigration Rules.
Contact one of our professional plan writers today for further information!