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Immigration business plans reflect the benefit of new entrants into an economy. As an 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 key requirements of the immigration process 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 the purposes of 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 economic benefit of the province 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. Additional the focus is on job creation for other Canadians.
In the PNP program, the business plan will carefully detail specific requirements that have been 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 the use of 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 guidelines outlined by the government and industry, 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.
7 Park Avenue Financial :
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Email = sprokop@7parkavenuefinancial.com
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7 Park Avenue Financial provides value-added financing consultation for small and medium-sized businesses in the areas of cash flow, working capital, and debt financing.
Business financing for Canadian firms, specializing in working capital, cash flow, asset based financing, Equipment Leasing, franchise finance and Cdn. Tax Credit Finance. Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations.
Stan has had a successful career with some of the world’s largest and most successful corporations. He is an experienced
business financing consultant
.Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.
Stan has over 40 years of business and financing experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in-depth, hands-on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2021
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