An important part of making a Tier 1 Entrepreneur Visa application is a high-quality business plan. According to recent figures, 1/3 of all Entrepreneur Visa refusals are due to a poor business plan. Writing a business plan properly may be the deciding factor in whether you can come to the UK as an entrepreneur or not.

To apply for a Tier 1 Entrepreneur Visa, you will need a business plan which demonstrates how your business benefits the British economy. You need to know your business plan inside-out as this will be scrutinized in your Entrepreneur Visa interview.

How can IAS help?

If you need help writing a business plan that meets the standard of the Home Office, we can help. Our lawyers have experience in supporting international entrepreneurs with successful applications. As part of our service, we can pair you with highly-professional consultants who can write your business plan for you. Call us on +1844 290 6312 or use our online form to get in touch.

FAQs

What is a business plan?

A business plan is vital to your Tier 1 Entrepreneur Visa application. It is a research document which describes your:

  • business model
  • financial forecasts
  • professional objectives
  • business structure

This document is often written and collated by industry experts but, since you will be questioned on it during your interview, you must know it intimately.

A good business plan may be the difference between an accepted and a rejected Tier 1 application. It will show that you have carefully researched your market and that you have genuine intentions as a UK businessperson.

What needs to be included in the Tier 1 Entrepreneur business plan?

Your business plan should provide details on every area of your business.

This will include:

  • An executive summary of the business;
  • A business overview;
  • Operations plans (including the physical setup of your business);
  • Market analysis;
  • A description of what you will be selling (goods or services);
  • Your sales and marketing plans;
  • Analysis of your competitors (similar companies/general UK market);
  • Information on all the roles involved in the business;
  • Your financial plan and projections.

What services does IAS offer for Tier 1 Entrepreneur applicants?

At IAS, we can direct you to a specialist business consultant who can assist you with planning and writing your business plan. Our lawyers have extensive experience in helping entrepreneurs receive their Tier 1 Visa.

Your lawyer will:

  • Meet with you in person, over the phone or via Skype at a time to suit you;
  • Assess your business plan with you, ensuring that every area is covered and that you are able to answer common Home Office questions;
  • Ensure your business plan and documents are organized in an accessible way for the Home Office;
  • Maintain contact with the Home Office throughout your application.

With our help, you will be fully prepared to meet with the Home Office to discuss your Tier 1 Entrepreneur business plan. Your application will be in the best possible position to receive a positive result from the Home Office. If you would like to know how IAS can help you before making an application, call us on +1844 290 6312 or make an inquiry using our online form.

Our Entrepreneur Visa Packages

Advice Package

Comprehensive immigration advice tailored to you, with written confirmation

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Application Package

Full assistance throughout your entire application process

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Fast Track Package

A premium service which allows your application to take priority position in your lawyer's workload

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Appeal Package

Full representation through your appeal, including physical representation if your case is heard by a tribunal

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Case studies

We are very proud that we have changed so many of our client’s lives for the better. Here are a few of their stories:

Moving a business to the UK

Gabrielle owned a successful business in Canada and she wanted to expand her business in the UK. She was able to focus on the business side of her expansion as… Read More

Sherif: Tier 1 Investor Visa

Sherif was a UAE national who had been making large investments in the UK. He contacted IAS and the lawyer he spoke to looked at his circumstances and determined that… Read More

Clare: EEA PR & British Citizenship

Clare, an Austrian National, had been living in the UK for four years with her British husband and child.
She had spent those yers taking care of her son, however… Read More

Hector: Tier 2 Work Visa with Dependant

Hector, a Mexican National, was offered employment in the UK. He contacted IAS and spoke with one of our lawyers via Skype. Hector was told that he could not stay… Read More

Yuma: Tier 4 Student Visa

Yuma, a Japanese National, was accepted as a student in her chosen UK university. She was unclear about the process of coming over to the UK so she contacted… Read More

Joe: Student Visa

Joe, a Japanese National, was accepted into a UK university on a Tier 4 Visa at short notice and needed help to gain entry to the country as soon… Read More

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