YOUR COMPANY IS LOOKING FOR AN IMMIGRATION BUSINESS PLAN
BUSINESS PLANS FOR IMMIGRATION AND VISA
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7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Oakville, Ontario - L6J 7J8
Immigration business plans reflect the benefit of new entrants into an economy. For example, Canada has defined processes around its immigration program as it relates to new and existing businesses. A large part of these business plans revolve around entrepreneurs' ability to start companies and create employment. At 7 Park Avenue Financial, we focus on the document being a key ingredient in successful immigration for business purposes.
WHAT IS THE DIFFERENCE BETWEEN A REGULAR BUSINESS PLAN AND AN IMMIGRATION PLAN?
Notwithstanding several similarities in a standard plan that might typically revolve around financing, a bank loan, or raising investment capital, the purpose of an immigration business plan is to demonstrate the applicant's ability to work and run a business. There are unique immigration programs in Canada that are unique in different aspects of immigration, as an example.
For example, immigration plans for other countries, the United States, have different requirements under different Visa programs as an example. While a business plan sample might be available, it's critical to develop a plan around the applicant's particular circumstances.
WHY YOU NEED AN IMMIGRATION BUSINESS PLAN
Your business plan is a complementary document alongside the different requirements around place of residence, etc. Our goal at 7 Park Avenue Financial is to clearly show your business goals, which will help you achieve success in business and Canada immigration or a visa application. That is why financiers and government crown corporations call us.
WHAT IS COVERED IN A 7 PARK AVENUE FINANCIAL IMMIGRATION BUSINESS PLAN DOCUMENT?
The business plan we will prepare for you focuses on generally accepted key parts of any plan - that includes an executive summary of the applicant and business, business and industry overview, a focus on a personnel plan, and relevant information on the industry and overall growth and sales strategy of your business. Particular focus will be on company organization and reporting and future hiring plans for specific job descriptions. This document is a recognized way for a company to look forward; we included detailed cash flow projections and an opening balance sheet.
Emphasis is placed on your application status, as it is recognized the plan is a critical part of immigration approval for business purposes. You are looking for a business plan writer who can convey the immigration process's key requirements in the document.
While business experience and management are key in any plan, they are critical parts of an immigration business plan - therefore, a focus is placed on the products and services of the business, and it's an overall benefit to the consumer and the general economy - specifically as it relates to employment. Growing a business is as key as starting a company so that careful thought will go into sales projections and potential growth and expansion areas. In that way, there is a similarity in plans used outside of the immigration process related to growing a company.
CAN AN APPLICANT WRITE AND CREATE THEIR OWN IMMIGRATION BUSINESS PLAN?
While it's theoretically possible for an immigration applicant to write a business plan, the reality is that a specific skill and knowledge is required around business plan writing and the expertise to prepare such a document. At 7 Park Avenue Financial, we are known as business plan experts, and banks and other financial institutions regularly recommend clients to us when a business plan is required. We are familiar with the key structure of a plan related to immigration, visas, etc.
IS THE CANADIAN PROVINCIAL NOMINEE PROGRAM YOUR GOAL?
This program, aka the ' PNP PROGRAM,' allows different provinces in Canada to set our specific goals and needs related to the economy. Because of the diversity within the Canadian economy, there are different requirements under each province of territory.
A ' PNP' focused business plan will focus on the applicant skills and transfer those skills to the province's economic benefit or territory. Applicants are required to reside in that particular province to which they are applying with a focused goal of starting or purchasing an existing business. By the way, ' part-timers' need not apply !... the running of the business on a full-time basis must be the focus.
Other eligibility criteria include personal financial stability and proven business or management of field of interest skills. Different categories of applicants exist - they might include students in the education environment, investors, skilled trades, etc.
The applicant's financial stability, typically document by a net worth statement, must demonstrate the applicant has the ability to fund the business owner's owner equity requirement in that provide or territory. Additionally, the focus is on job creation for other Canadians.
In the PNP program, the business plan will carefully detail specific requirements met in advance, and the expectations that the applicant will deliver under a particular business model - that model might be a startup financing or the purchase of an existing business. In each case, as an example, detailed financial plans and projections around sales, cash flow, profits, break-even, and ratio calculations, etc., will be detailed. All of them assume the immigrant will be a contributor to the Canadian economy.
In business plans by 7 Park Avenue Financial, financial models and projections are a key focus of our work. We ensure your marketing plan is completely developed in the document. Whether it's financing from traditional banks, government institutions, or those venture capitalists and angel investors, we tailor your plan to the specific focus around financing.
The ability to project financial health and attractive financing and investment is ' JOB 1' at our firm. Our track record of demonstrating successful access to finance has been in place since our firm's inception 16+ years ago. Click here for the track record of financing and business plans of 7 Park Avenue Financial.
CONCLUSION
7 Park Avenue Financial wants to help our clients to be successful in immigration, and visa needs and our plans will help you ensure success. Canada is recognized globally as an economic success in research, technology, and industry. We are not immigration consultants; we are business financing and business plan experts with a proven track record of expertise - taking our client's concept to a full business plan stage.
We customize plans to the government and industry guidelines, with a focus on job creation and personnel. Working with our clients and their respective immigration advisors is a clear focus with the end goal of success.
Click here for the business finance track record and business plan experience of 7 Park Avenue Financial.
Stan Prokop
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