What an Ontario Business Plan and a Business Plan for an E2 Visa Application Have in Common

What an Ontario Business Plan and a Business Plan for an E2 Visa Application Have in Common

If you want to enter America as a business investor, one option is applying for an E2 visa. You will need a Business Plan for E2 visa applications. In Canada, an Ontario Business Plan may be needed if you are intending to apply under any of the business investment or entrepreneur streams under the OINP. This is actually one of the most popular Provincial Nominee Programs in Canada.

Regardless if you are a Canadian hoping to immigrate to the United States or an American looking to immigrate to Canada under a business management, investor, or entrepreneur stream, there are commonalities in what should be included and highlighted in your business plan. There are actually similarities among all immigration business plans, regardless of country or purpose. However, using an example of business plans for two connected but distinct countries helps illustrate this point.

Benefit to the Economy

At the forefront of both country’s immigration plans are bringing benefit to the economy of the country.

A business plan for an E2 Visa Business Plan application for the United States needs to prove that the applicant’s investment can bring a positive impact to the country. In the same regard, your Ontario business plan for any business related OINP immigration path must do the same. This includes things like eventually generating significant profits (which may be taxed) and creating good jobs for existing citizens.

Highlighting Applicant’s Strengths Whether required or not, the business plan is one of the most cohesive ways to tie the applicant’s strengths to the business. This can be more important in immigration business plans than other types of plans. Both a Canadian Provincial Nominee Program applicant requiring an Ontario business plan and a business plan for an E2 visa application in the U.S. will need to make this a priority. There will always be other requirements such as total net worth and education level but, artfully demonstrating how the applicant’s experience will directly impact and improve their involvement with the business can go a long way in setting a case apart.

Supported Business Concept Both a business plan for E2 application or an Ontario business plan need to not only explain the business concept but, also show that it is fully supported. It is irrelevant if you are purchasing or otherwise becoming involved with an existing business or starting a new one. The E2 Business Plan for either will need to show that the business concept is well supported.

The best way to demonstrate this is by blatant, relevant market research, market analysis, and your marketing plan. In the end, your sales success comes down to offering a product or service for which there is a real need or want. Further, showing how that information will be harnessed and translate to marketing will bring it all together.

In the end, any immigration business plan must demonstrate that the applicant not only meets the minimum requirement of the chosen path but will be able to significantly contribute to running a business that will have a positive impact on the country. Regardless if it is an Ontario Business Plan, a business plan for E2 visa applicants, or any other type of business visa around the globe, the importance of the above factors is nearly universal.