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Financial projections (business plan)

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2

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Ali272
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Posts: 265
Joined: Thu Mar 12, 2015 1:54 pm
United Kingdom

Financial projections (business plan)

Post by Ali272 » Fri Sep 02, 2016 12:26 pm

Hi.

How many years of financial projections do I need in my business plan? 3 or 5 years?

Thanks.

babaty2k02
Member of Standing
Posts: 258
Joined: Sun Jul 28, 2013 10:34 am
Nigeria

Re: Financial projections (business plan)

Post by babaty2k02 » Fri Sep 02, 2016 1:11 pm

Ali272 wrote:Hi.

How many years of financial projections do I need in my business plan? 3 or 5 years?

Thanks.
That will depend on you. If you like, it could be 10 years

Ali272
Member of Standing
Posts: 265
Joined: Thu Mar 12, 2015 1:54 pm
United Kingdom

Re: Financial projections (business plan)

Post by Ali272 » Fri Sep 02, 2016 2:18 pm

Thanks for your answer.

Another quick question please. My business is plan is about 10 pages and I can't go further than this. Is this alright? I'm extremely worried.

babaty2k02
Member of Standing
Posts: 258
Joined: Sun Jul 28, 2013 10:34 am
Nigeria

Re: Financial projections (business plan)

Post by babaty2k02 » Fri Sep 02, 2016 4:56 pm

Ali272 wrote:Thanks for your answer.

Another quick question please. My business is plan is about 10 pages and I can't go further than this. Is this alright? I'm extremely worried.
our business plan can be as many pages as you want it to be.
And just to ask, You can't go further than 10 pages or you don't want to go further than 10 pages?

Ali272
Member of Standing
Posts: 265
Joined: Thu Mar 12, 2015 1:54 pm
United Kingdom

Re: Financial projections (business plan)

Post by Ali272 » Fri Sep 02, 2016 5:11 pm

Thank you.

I can't go further than 10 pages. My business is an online subscription website with straight forward business model. I laid down everything to the point with no waffle or marginally relevant information.

Can I ask how many pages was yours?

Thanks.

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zimba
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Location: UK
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United Kingdom

Re: Financial projections (business plan)

Post by zimba » Fri Sep 02, 2016 5:27 pm

This is an immigration forum. There are no specific requirements on how to prepare a business plan in immigration the rules.
A genuine entrepreneur should be able to prepare a business plan on his own. If you need help, please consult experts in the business filed to help you prepare a business plan
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

Ali272
Member of Standing
Posts: 265
Joined: Thu Mar 12, 2015 1:54 pm
United Kingdom

Re: Financial projections (business plan)

Post by Ali272 » Fri Sep 02, 2016 5:37 pm

Thank you Zimba.

I didn't ask him to help me with my business plan. I have finished my business plan and wrote it myself word by word and my university has seen it and is happy with it. I'm just worried as there is no specific requirement by HO.

Thank you for your answer.

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