Let’s Talk About Start-Up Visa Business Plan in Depth

Canada’s Start-up Visa Program basically targets the immigrant entrepreneurs with the extraordinary skills and potential to build the businesses in Canada which are innovative, can create jobs for Canadians & capability of competing on a global scale. Get the highly compelling start-up visa program business plan by hiring expert writers.  


If you have a highly innovative as well as competitive business idea, try to get support for your idea from a designated organization to become eligible for the SUV program. 
 

Before applying for a start-up visa, you require a business plan to showcase your idea to designated organizations for the SUV program. A well-written business plan is crucial as it ensures the designated organization is compelled to support your start-up business venture.   


Make a Business Plan Outline  

A start-up business plan basically consists of a few key components, like a business overview, a sales & marketing plan, a human resources plan, an operating plan, an action plan, as well as a financial plan. The main categories required in the business plan are listed as follows:  

  1. Executive Summary  
  2. Company Description  
  3. Mission Statement  
  4. Products and Services ‘  
  5. Company Owners Profile  
  6. Company Management (including biographies)  
  7. Research & Development Plan  
  8. Commercialization Plan  
  9. Marketing Plan  
  10. Human Resource Plan (if applicable)  
  11. Investment Plan   
  12. Financial Plan  
  13. Exit Plan (if applicable)  

Who can Qualify for the SUV Program?  

To be eligible for this program, one must have a qualifying business. A qualifying business is referred to as an incorporated business in which the visa applicant should hold at least 10% of voting rights; in addition, the applicant & designated organization together hold more than 50% of the voting rights. One must also meet the language requirements. The applicant must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in English or French in all four categories: speaking, reading, writing & listening. Make sure that you must have sufficient money to settle in Canada. The applicant must receive a support letter from a particular designated organization. Moreover, a government-approved business group will require a detailed business plan.  


Canada Start-Up Visa Program Business Plan  

To be considered for Canada start-up visa, you must obtain a letter of support from a “designated organization.” Any visa application under this program without a letter of support will be rejected. Of course, every designated organization may have its own application requirements and criteria to win its support. This is where a business plan comes into the picture to have a successful application. If you take the support of experts for a business plan for a start-up visa in Canada, it will surely strengthen your application to your chosen designated organizations &; on approval, it will offer a helpful tool to guide the start-up and success of your Canadian business.  


Take the Help of Professionals to Create an Appealing & Competitive Business Plan  

The experts will deeply examine the precise requirements of your designated organization and then create a unique business plan for you. It can increase your thin chances of a successful application. A professionally prepared and highly innovative business plan will maximize your chances of success in winning support from any designated organization. The experience, as well as expertise of Mikel Consulting business plan creators, will surely help you in writing the appealing business plan for Canada’s Start-up Visa Program.  

Do you have any questions related to start-up visa program business plan? Looking to get started? Connect with us today!  

Comments

Popular posts from this blog

Importance of a Business Plan for Bank Loan

How to Make a Business Plan for Self-Employed Visa Program?

Creating a Winning Pitch Deck – Tips & Suggestions