Tier 1 Entrepreneur Business Plan

Advice on writing a business plan that meets the Home Office standard.

Call 0333 363 8577 to make an enquiry

One of the most important factors when applying for a Tier 1 Entrepreneur Visa is a quality business plan.

According to the Home Office, writing a business plan well could mean the difference between your visa being granted or rejected – a poorly-constructed business plan makes up for 1/3 of all Entrepreneur Visa rejections.

As part of your Tier 1 Entrepreneur Visa application process, you will be expected to present a business plan to the Home Office which shows your business would be successful in the UK and would ultimately benefit the UK’s economy. In your Entrepreneur Visa interview, you need to discuss your business plan in detail.

When writing a business plan, you should bear this in mind and make sure that you know every detail of your business plan from start to finish. This will include knowing your forecasts and projections, the employees you will hire and the roles they will fill.

Your Tier 1 Entrepreneur business plan should be produced with the advice of experts but you will need to know every detail of it before your interview. With IAS, your lawyer can advise you on the best options for writing a business plan and help you prepare for your meeting with the Home Office.

FAQs

What is a business plan?

A business plan is a document which outlines a business model, financial projections, goals and objectives, product marketing plan and business structure.

A business plan is necessary when you are applying for a Tier 1 Entrepreneur Visa, as you need to demonstrate that your business is viable and lucrative.

A business plan is a way for you to discuss every aspect of your business in detail and, when it is being assessed by the Home Office, it will be used to show that you have an in depth understanding of your prospective business.

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

A business plan should give detailed information on every area of your business.

These areas include:

  • An executive summary of the business;
  • An overview of the business;
  • An operations plan (including physical setup of the business);
  • Market Analysis;
  • A description of the products/services you will be selling;
  • An outline of your sales and marketing plan;
  • Analysis of competition (other similar brands of companies);
  • Information on all roles and players involved in the business;
  • Financial plan and projections.

How can IAS help?

We can place you in contact with a specialist business consultant, who can assist you with planning and writing a business plan which is of the highest-quality.

Your consultant will:

  • Meet with you at a time that suits you;
  • Advise you in person, over the phone, or via Skype;
  • Work with you to ensure that all key areas are discussed in-depth;
  • Ensure that your plan is organised and structured in a way which makes it navigable to the home office;
  • Organise, collate, structure and polish your business plan.

With the help of your consultant, you will be fully equipped for your Entrepreneur Visa interview and your business plan will be in the best possible position to meet the standard demanded by the Home Office. This will maximise your chances of a successful outcome with your Entrepreneur Visa application.

Our Entrepreneur Visa Packages

Advice Package

Comprehensive immigration advice tailored to your circumstances and goals

Select

Application Package

Designed to make your visa application as successful, smooth and stress-free as possible

Select

Fast Track Package

Premium application service that ensures your visa application is submitted to meet your deadline

Select

Appeal Package

Ensure you have the greatest chance of a successful appeal. We will represent you in any hearings/tribunals

Select

A few of

our experienced

immigration lawyers

Case studies

We are proud to have changed lives for the better. Here are some of their stories:

Melissa’s Daughter’s British Citizenship

Melissa and her child are Filipino nationals who came to the UK to join Melissa’s husband.
Complications with their initial application and insufficient information being provided resulted in her child’s… Read More

Frederick: Fiance Visa

Frederick was a Nigerian National who was in the UK on a Visitor’s Visa staying with his Fiancée.
He wanted to apply for a Fiancée Visa but did not understand how… Read More

Marcelle: Visitor Visa

Marcelle contacted IAS about how to obtain a UK Visitor Visa as she was touring Europe.
The lawyer from IAS instructed her on the requirements of the UK immigration rules… Read More

Amanita: Further Leave to Remain

Amanita was visiting her nephew in the UK following the loss of his mother. IAS was able to help her gain access to the child and stay in the UK… Read More

Fiance Visa for Thai partner

John (a UK national) met Vitchita (a Thai national) online and stayed in contact with her for many months.
After they met in person, they decided that there was something special… Read More

Linda: Visitor Visa for Fiance

Martin is a UK national who met Linda, his partner, in Nigeria while he was traveling.
The pair quickly hit it off and decided to get engaged.
Linda applied to enter the… Read More

Latest reviews

Bradbury

feel confident with IAS and look forward to dealing with them and Irfam

Sophie
IAS took me through the whole process of getting my residence visa. Jean Paul handled my entire case and he… Read More
Anonymous

IAS evaluated my situation properly and successfully tailored my application to secure a happy result

Latest news

Issues with the settled status app: interview Read More

IAS Announcement: More Capacity to Help Asylum Seekers Read More

6% Of Vulnerable Detainees Released from UK Immigration Centres Read More

All information on this page has been reviewed by an OISC accredited immigration adviser and was

Last Updated on