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Business plan ?

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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valorsammy
Newly Registered
Posts: 4
Joined: Thu Aug 07, 2014 2:53 pm

Business plan ?

Post by valorsammy » Mon Aug 11, 2014 9:43 am

Is it mandatory to have business plan for d application...

kayess1984
Member
Posts: 117
Joined: Wed Feb 19, 2014 8:40 am

Re: Business plan ?

Post by kayess1984 » Tue Aug 12, 2014 1:03 pm

It's not mandatory to have a business plan, but it is very important to have a business plan. It shows that you have done your homework and you are a genuine entrepreneur and you intend to invest in the UK.
If you don't build your dream, someone else will hire you to build theirs!

valorsammy
Newly Registered
Posts: 4
Joined: Thu Aug 07, 2014 2:53 pm

Re: Business plan ?

Post by valorsammy » Tue Aug 12, 2014 3:47 pm

@kayess
Thank you
It's not like I'm starting the business..I already started my business, do we Still need the business plan.

nasirkhan
- thin ice -
Posts: 229
Joined: Sun Jun 08, 2014 11:11 pm

Re: Business plan ?

Post by nasirkhan » Tue Aug 12, 2014 4:15 pm

valorsammy wrote:@kayess
Thank you
It's not like I'm starting the business..I already started my business, do we Still need the business plan.
Yes business plan is a living document. I beleive getting through this visa hurdle is a blessing in disguise. You get to think about your business properly and do things which one would not ordinarily do. Helps you think like an entrepreneur.

Qasar Daniel
Junior Member
Posts: 61
Joined: Thu Feb 27, 2014 11:30 pm

Re: Business plan ?

Post by Qasar Daniel » Tue Aug 12, 2014 8:28 pm

Business plan help other people to understand the plan of you business

kayess1984
Member
Posts: 117
Joined: Wed Feb 19, 2014 8:40 am

Re: Business plan ?

Post by kayess1984 » Tue Aug 12, 2014 11:43 pm

valorsammy wrote:@kayess
Thank you
It's not like I'm starting the business..I already started my business, do we Still need the business plan.
It doesn't matter you have started your business or planning to start, a business plan is a must. UK is no longer interested in your 200k money, they have a long queue of people ready to invest in the UK. So its your job to prove them that you're a genuine entrepreneur and you intend to invest in the UK.
If you don't build your dream, someone else will hire you to build theirs!

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