What you Need to Know When Preparing an Alberta Business Plan for an Owner Operator Program

What you Need to Know When Preparing an Alberta Business Plan for an Owner Operator Program

When preparing to apply for the owner operator program in Alberta, you will need an Alberta business plan to help make your case. The Alberta Business Plan is not only the best place to present the overview of the business but, also illustrate why you qualify for the owner operator program. There are many things to keep in mind to ensure your business plan helps make the strongest immigration case possible.

Background The Owner Operator Program is an exception to the Labour Market Impact Assessment (LMIA). The LMIA is a document that employers are often required to submit in order to hire a foreign worker. It requires businesses to prove they have made a reasonable effort to fill a role with a current citizen, thus justifying the need to hire a foreign worker. However, in certain circumstances, such as the owner operator program, the LMIA requirement is waived.

Economic Benefit If you have done any research on Canadian immigration, you will have learned that the top priority behind most immigration is to bring significant economic benefit to the country. This is particularly evident when it comes to business immigration such as the owner operator program. The point is best made with a well-researched and supported business plan, in this

case an Alberta business plan. It will include things like creating jobs for current Canadian citizens. It also means focusing on an industry or sectors important to the province, in this case Alberta.

Minimum Ownership Requirements In order to qualify for the owner operator program exception to the LMIA, there are minimum requirements that must be met. Among them is that you have a controlling interest in the company. It may even be a sole proprietorship. However, if it is an existing business or there will be other owners, you must own 50.1% at a minimum. The greater the ownership stake, the more favorable the application is likely to be. The Alberta business plan is the best place to explain and exemplify this. It all comes down to proving that you have primary decisionmaking authority and cannot be easily removed from the company under normal circumstances.

Personal Qualifications Being considered for the Owner Operator Program goes beyond proving you have a viable Alberta business plan. In addition to proving you have the expertise to run the business, it also requires making the case that you personally will be a good addition to Canada. Although you will provide personal information throughout the application process, the business plan is the best place to showcase this and tie it all together.

It should now be apparent the imperative role that the Alberta business plan will play in applying for the owner operator program. Because it will have a significant impact on your application, you may want to consider using professionals. In terms of immigration strategy, it is best to utilize the services of an immigration lawyer or a registered immigration consultant.

When it comes to your business plan, consider using a trusted immigration business plan firm, like Joorney.

They will work directly with applicants or their representative(s) to complete an Alberta Business Plan that is in complete alignment with the immigration strategy. The combined expertise of such professionals can get you one step closer to Canada residency.