Tier 1 Visa Business Plans
To qualify for a Tier 1 (Entrepreneur) visa, you must demonstrate you have access to at least £50,000 in investment funds from one or more of the following:
- a UK entrepreneurial seed funding competition recognised by the Department for International Trade (DIT);
- a UK government department making funds available for the setting up or expanding a UK business, and/or;
- a venture capital firm registered with the Financial Conduct Authority (FCA)
You can also apply if you have already invested £50,000 in a UK business, however you must have invested the funds less than 12 months before you apply.
You can also apply for a Tier 1 (Entrepreneur) visa if you have access to £200,000 in investment funds and you can demonstrate that the money is either:
- your personal wealth;
- has been made available to you by a ‘third party’, such as a spouse, partner or investor, or;
- in a joint account with your spouse or partner, but only if they are not applying for a Tier 1 (Entrepreneur) visa
However, having access to these funds is not enough. The Home Office requires every applicant to pass the “genuine entrepreneur test” and demonstrate that not only have they clearly researched the market, their competitors and how the business will operate and run, but can evidence that their new business is a viable one.
Since the announcement of the Immigration Rule changes in 6 April 2015, a professionally written Tier 1 visa business plan is now compulsory for all initial applications.
Tier 1 Visa Business Plan Writing Service
The Business Plan Writer HQ is made up of a small team of business plan writing experts – more importantly – every consultant here at the Business Plan Writer HQ runs their own company.
Therefore, we know exactly what it takes to run a successful enterprise, and as such you can trust that the advice, guidance and support you receive from us has been borne from our experiences of owning and operating businesses here in the UK.
Having worked with many international clients we know that every Tier 1 (Entrepreneur) Visa business is different, as such we provide a completely bespoke and professional business plan writing service.
Or business plans are comprehensive and written in plain English, as well as address Tier 1 visa requirements (such as evidencing that 2 new jobs will be created) all to demonstrate that you are a credible business owner.
In addition, the Business Plan Writer HQ works closely with a number of strategic and trusted partners which include expert immigration lawyers and wealth management specialists – so we can also make recommendations on your behalf.
Examples of our Tier 1 Visa Business Plan Work
A few representative examples of our Tier 1 visa work include writing business plans for:
- a Saudi Arabian client wanting to launch an up-market fast food restaurant in London
- a Russian national wanting to open a hair salon in Cambridge
- a Ukrainian national looking to expand her IT consultancy operations to the UK
- a Chinese national who wanted to launch a specialist concierge service across London
- a Bangladeshi national looking to open a Cloud hosting and IoT company in Birmingham
Recent Feedback From Clients Includes:
“Thanks very much for the business plan. It is a great job and glad we have chosen to work with you. As we would certainly have not have written to such standard” G. S – Tier 1 client wanted to open a Juice bar
“I had a very strict deadline, and not only did you meet it, in fact, you completed the business plan sooner than agreed. It was incredibly detailed – the market analysis section was very thorough, and the marketing section contained promotional activities I haven’t even considered. I am extremely pleased with the business plan written for me, which will now give my new business direction and focus” L.P – Tier 1 client wanted to open a sushi restaurant
Tier 1 Visa Business Plan Review Service
We also provide a full business plan review service. If you have already written a business plan as part of your Tier 1 (Entrepreneur) Visa application, and want to see if it is ‘fit for purpose’, our business plan writers can fully review your business plan – including the financial forecasts – and provide feedback in the business plan document.
In addition, we will also put together a breakdown of any ‘missing’ areas where we feel the plan needs to include more detail or explanation, ensuring it is more Tier1/UK specific. Please contact us for further details.
What Is Included in The Tier 1 Visa Business Plan
Your Tier 1 Visa business plan will include all or most of the following categories:
- Executive Summary
- Financial Summary
- Director’s Background
- Service/Product Description
- Market Research
- Competitor Analysis
- SWOT Analysis
- Risk Analysis
- Sales & Marketing Strategy
- Legal Requirements
- Management & Staff
- Financial Analysis
- 3-year Financial Forecasts (e.g. Cash Flow Forecast and P&L Account)
- Relevant Appendices
Please note: we do not share example plans. For over 10 years we have always maintained the highest level of confidentiality for every one of our clients. For assurance and client feedback please visit the Results page.
The Business Plan Writer HQ provides a professional and completely bespoke Tier 1 visa business plan writing service. As such our fees are based on a number of factors, including the amount of information you have and how well you understand what it takes to set up a business in the UK, turnaround time (which is usually 3 – 4 weeks) as well as the complexity of your business. Fees start from £1,800.
If you require a tailored and comprehensive business plan for a Tier 1 Visa application, then contact us today to discuss your requirements. We will get back to you within 24 hours.