Representative of an overseas business, Business plan

Representative of an overseas business, Business plan

A Sole Representative is a person who works as a link between the consumer and the company. A Representative is like the face of the business as he deals more with the clients or customers. This is the highest ranking employee of a company or a business overseas (in a different coun-try). A sole representative could also be a shareholder of the company and because of his or her strong knowledge of the products or services becomes, an important part of the company. He or she is also responsible for maintaining and upholding the policies, and trademark of the company. A business representative is very passionate about the business and can sometimes be mistaken for the owner or a major shareholder but they are not.The sole representative works hand in hand with every department but with three departments especially because they are all linked and are also customer driven

SOLE REPRENSATIVE VISA

When a company/business intend to pursue or own a business outside the country of origin, the Sole representative becomes the face of that business. A Sole representative Visa enables a sole representative of an overseas business (Countries outside the EU), to represent a business or running a new branch in the UK. It gives established and successful companies the ability to initiate com-mercial presence in the UK.

This Visa also comes with its several benefits like;
  1. Ability to pursue a myriad of business activities on behalf of the company you are representing in the UK
  2. Apply for leave to remain in the UK on a permanent basis, and
  3. Bring your partner and/or dependants with you to the UK.
When applying for a Representative of an overseas business visa, there are important documents that are needed for the process.
  • Personal Portfolio – These are personal documents that are about you. Documents like your current passport or other valid travel identification, bank statements or payment slips for the last 6 months, details of where you’ll be staying during your stay
  • English requirement document – This is proof that you meet the English requirement.
  • Tuberculosis Test results – This is only necessary if this is required from your country.
  • Company Portfolio – This also deals with everything pertaining to your company and most importantly, a Business plan for the auxiliary company that would be set up in the UK.

Business Plan for Sole Representative Visa

A business plan is very important and vital to your Visa application as it summarizes your financial objectives, opera-tional objectives, budgets, methods and how you intend to achieve all these goals

It is one of the most paramount documents that you must provide when applying for a Visa and most be written with every detail included

Most importantly your business plan must be innovative, viable, and scalable. You should also have access to 50,000 pounds for investment.

Business Plan Writing Process

01 Free Telephone Consultation

This is where we have an informal discussion so we can discover more about you, your business and the purpose of the business plan. It also gives you the chance to ask us any questions. No hard sell, no sales pitch, just an opportunity to see if we're a good fit and whether we are the right company to help you.

02 Business Plan Questionnaire

Once we've agreed to work together, we will email over a questionnaire for you to complete (as well our T&Cs). Ulti-mately the quality of the plan will depend on the quality of information you provide – so the more detailed the better!

03 Completing the Draft Business Plan

It can take between 3-4 weeks to complete the draft business plan, depending on the complexity of the plan, the degree of information already provided and what additional details we need from you. We can and often work to specific dead-lines, however, this will depend on my workload at the time. Much of this time is spent researching your target demo-graphic, your industry, competitor analysis and developing a comprehensive marketing section. As mentioned previously, you will receive a completely bespoke and detailed business plan.

04 Review of Business Plan

Once we have sent over the draft business plan, you have 7 days to review and email back any specific amendments. We always urge our clients to read the plan thoroughly at this stage. We then incorporate any amendments in to the busi-ness plan, and once the remaining balance has been paid, you will receive both a Word document and pdf version of the business plan, the financial forecasts, appendices – including any additional information I have sourced which you might like to keep on file for reference.

What's included in the Business Plan
  • Executive Summary
  • Financial Summary
  • Business History &
  • Objectives
  • Directors' Background
  • Service/Product Description
  • Market Research
  • Customer Profile
  • Market Analysis
  • Competitor Analysis
  • SWOT Analysis
  • Sales & Marketing Strategy
  • Operations
  • Premises
  • Legal Requirements
  • Management & Staff
  • Financial Analysis
  • Financial Forecasts (e.g. Cash Flow Forecast and P&L Account)
  • Relevant Appendices

Want to own a business in the UK?

If your answer to this question is yes, it means you would be applying for an Innovator Visa, which requires a business plan. To increase your chances of success, you need a professional business plan writer. We don’t just write, our team of professional often conduct a detailed research on business modules to find out which strategy fits your business plan before writing. This affords us specialized expertise and in-depth knowledge in Tier 1 Entrepreneur business plans and how best they should be presented to the Home Office. Please contact our team of professional Business plan writers.