LMIA International Mobility Program - Exemption C11 - Entrepreneur Business Plan
The International Mobility Program C11 enables employers to hire temporary workers and creates numerous exemptions to the Labour Market Impact Assessment (LMIA)
Employers are allowed to hire hiring under the program in areas where there are significant economic, cultural, or other benefits for Canadian or Canadian permanent residents. A work visa may be granted without an LMIA in cases when a candidate makes a strong point that they will provide significant benefits. In other words, the LMIA IMP C11 program permits LMIA exemption.
The IMP Significant Benefit LMIA C11 Exempt work permit is an exemption path, but it demands that the foreign applicant create or purchase a business in Canada, where they must own at least 50% of the company. The company will need to demonstrate its capacity to grow Canadian industry or produce economic success, as is the case with all immigration programs. The company is required to provide permanent residents or Canadian citizens employment possibilities.
What’s Included in our LMIA IMP C10 Exempt Entrepreneurship Program Business Plans?
- SWOT Analysis
- Market Research
- Personnel Plan
- Strategy & Implementation
- Financial Forecast (5 years)
- Marketing Plan
- Management Team
- Industry Overview
- Company Overview
- Marketing Plan
- Executive Summary
- Three Year Objectives
- Keys to Success
- Market Summary
- Competitive Analysis
Executive Summary:
This section provides a brief overview of the key elements of the business plan, including the company's background, mission, product or service offering, target market, and goals. The executive summary should provide a clear and concise picture of the business and its objectives.
Company Overview:
The company overview should be well-written, professional, and clearly articulate the start-up's mission, goals, and objectives. A well-designed company overview can provide potential investors, customers, and partners with a clear understanding of the start-up and its business, and help to build trust and credibility.
Industry Overview:
The industry overview should be based on market research and should be updated regularly to reflect changes in the market and the competitive environment. A well-designed industry overview can provide the start-up with a comprehensive understanding of the market and help it to identify opportunities and challenges, and position itself for success in the industry.
SWOT Analysis:
This section provides a comprehensive analysis of the company's Strengths, Weaknesses, Opportunities, and Threats (SWOT), which will help the company identify its key strengths and weaknesses, and develop strategies to overcome challenges and capitalize on opportunities.
Market Research:
This section provides a deeper understanding of the market, including information on customer needs and behaviors, competitor analysis, and market trends.
Personnel Plan:
This section outlines the company's human resources plan, including information on the management team, key employees, and staffing requirements. It should provide a clear picture of the company's talent management strategy and the skills and expertise needed to succeed in the market.
Strategy & Implementation:
This section outlines the company's strategy for achieving its goals, including its target market, unique selling proposition (USP), and go-to-market plan. It should also include a detailed implementation plan, outlining the steps the company will take to achieve its goals.
Marketing Plan:
This section outlines the company's marketing strategy and tactics, including its advertising, public relations, direct marketing, and online marketing efforts. The marketing plan should take into account the company's goals, resources, and market conditions.
financial forecast:
The financial forecast should be developed using a spreadsheet or financial modeling software, and should be updated regularly to reflect changes in the start-up's goals, market conditions, and other factors. The financial forecast should also be reviewed and revised as needed to ensure that it remains realistic and achievable. A well-designed financial forecast can help the start-up to stay focused on its financial goals, make informed decisions, and succeed in the market.
Management Team:
The management team section of the business plan should be well-written, professional, and clearly articulate the strengths and qualifications of each team member. A strong management team can provide the start-up with the leadership, expertise, and experience needed to succeed in the market.
Keys to Success:
The keys to success should be based on a thorough understanding of the start-up's market and competition, and should be regularly reviewed and updated to ensure they remain relevant and achievable. A well-designed set of keys to success can help the start-up to stay focused on its goals and achieve success in the market.
Competitive Analysis:
This section provides an analysis of the company's competitors, including their strengths and weaknesses, market share, and target market. The competitive analysis will help the company identify opportunities for differentiation and develop strategies to gain a competitive advantage.
Market Summary:
This section provides a summary of the market in which the business will operate, including information on the size and growth of the market, key players, trends, and opportunities and challenges faced by the industry.