4 Alberta Business Plan Must-Haves When Applying for an Owner Operator Program

4 Alberta Business Plan Must-Haves When Applying for an Owner Operator Program

There are several different business-related ways to emigrate to Canada. One of the popular options is the owner operator program. The Owner Operator Program is available nationally but, many people choose to focus on Alberta. If you want to ensure your application for an owner operator program is successful, make sure your Alberta business plan has these four things. ¡

Clearly Stated Business Ownership

Many aspects that would be in your business plan regularly are the same for an Alberta Business Plan for an owner operator program for immigration but, they need to have a bigger focus than usual. One of the earliest areas where this is evident is when discussing business ownership. You must own a majority share in the business for the owner operator program. Although this would be included in your business plan regardless, it needs to be covered in greater depth.

In addition to stating the percent share of the busines you own or intend to own, you must also include information that you cannot be easily removed. So, in addition to including ownership information, you should cover the process by which the majority owner, in this case yourself, can be removed. The option should be

nearly impossible and only allowed under extreme circumstances. This is about showing that you have the primary decision-making authority and aren’t likely to go anywhere. ·

Explicitly State How the Business Will Benefit the Economy

Part of any business, worker, or entrepreneurial path to immigration in Canada involves being able to demonstrate that the immigration, regardless the program, will result in significant benefit to the Canadian economy. Every business plan is about showing a business can be successful. There would be no point or purpose in creating a business plan if that were not the case. However, you need to take a step further in your Alberta business plan for the Owner Operator Program. You need to tie the success of the business to economic benefit, this includes profits that will be taxed, jobs that will be created, and positive involvement in the local, provincial, and national community. ·

Background that Qualifies You to Successfully Run the Business

Part of proving that the business will benefit the economy in your Alberta business plan is showing that you have the experience and/or education to run the business. The owner operator program has it all in the name, you must own and operate the business. You need to convincingly demonstrate that you are uniquely qualified to operate the business in a way likely to lead to success. ·

Detailed Explanation of Role in the Business

Beyond proving you are qualified to run the business, in order to be eligible for the owner operator program, you must be involved in the day-to-day operations of the business. Not only does this need to be explicitly stated that you will be involved at this level, you need to be detailed in what your role will be to back up, support, and prove this point in your Alberta Business Plan. In every business plan, you will cover the management team and their roles but, this section takes on new importance when your business plan is to accompanying an owner operator program application.