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Everything you need to know about citizenship and residence programs around the globe.
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Not everyone knows the importance of drafting a good business plan; however, it brings a lot of advantages and helps your organisation and ideas to succeed. No matter what type of company you have or why you need a business plan, Imperial & Legal will help you draft and prepare it according to British standards, in proper and correct English.
If you intend to set up your own company, alone or with a partner, a good way to start is to write a business plan. It needs to be quite detailed describing your targeted markets and customers, marketing and sales plans and financial forecasts. A proper business plan will help you to pinpoint all strengths and weaknesses of your business idea, forecast how it will be developing, do detailed budgeting, distribute resources in the right way, set goals, address potential issues and minimise risks.
A business plan is often an answer to already existing organisations in need of restructuring, development, expansion, modernisation and improvements. It is some kind of a management roadmap that can help make decisions in terms of the future development of the company, expansion plans, etc.
Another purpose of a good business plan is to secure investment or a loan from a bank, including through private investments, private capital, venture capital, bank financing or crowd funding. It helps to eliminate risks and guarantee return on investment in due course.
It is not required by the immigration authorities to provide a valid business plan when applying for business visas to the UK. However, we strongly recommend having a business plan in place when applying for an Innovator visa, Start-up visa and a Representative of an Overseas Business visa. Drafting business plans for entrepreneurs and sole reps is our speciality; we do it in a fast and efficient manner.
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