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Ah the traditional fish and chip shop. What could be more quintessentially British than a bag of chips and a bit of fish? Well it is certainly true that the Brits love fish and chips. But with approximately 10,500 fish and chip shops in the UK, restaurants of this type are certainly not a rarity. While setting up a restaurant in the UK might well be a worthwhile pursuit, for those applying for a Tier 1 Entrepreneur Visa, there may be better options. In this article we're going to look at why a basic restaurant such as a fish and chip shop may not be the ideal business for those looking to come to the UK on a Tier 1 Entrepreneur Visa. We will look at the reasons for this and offer some potential alternatives that will hopefully give you some food for thought.
It isn't necessarily that a fish and chip shop itself is such a bad idea. With the amount of fish and chips and other fast foods that are consumed in the UK, a restaurant is likely to do well. The main issue you are going to have is proving that there is a genuine need for more of them. As previously stated there are around 10,500 fish and chip shops in the UK making them extremely common. The point of the Tier 1 Entrepreneur Visa is to introduce businesses that add something new to the UK and help to create a strong and diverse economy.
From a market need standpoint, there are better and more underserved options than restaurants (or at least certainly fast food restaurants). If you are gastronomically inclined, then a speciality style restaurant may still be suitable. Perhaps you come from an underrepresented area of the world that has fantastic food, this is an option. But in general, we would suggest that unless your restaurant business idea has a clear difference, it may be better to find something different for your business idea for the UK. As we have said, it is not that food businesses do not do well, quite the opposite, it is that their prevalence can mean that proving a market need exists for your business may be difficult.
Finding an alternative business idea can be extremely tricky; first of all there is likely to be the need for some personal mastery to be involved in the process. You also need to know significant detail about how your intended business could fit into the UK and if there is a market for it. For these reasons research is important when it comes to applying for a Tier 1 Entrepreneur Visa. Many applicants have spent considerable time in the country previously and have a strong feeling for what works and what doesn't in the UK. The one major benefit in moving to the UK and starting a business is its diverse economy - all types of businesses can do well in the UK as long as there is a specific need for them. From an immigration standpoint, this prior planning is vital to ensure that any official looking into your business plan can be certain that you have done your prior research and that you are likely to be successful.
So how do you find this silver bullet idea? Well for many entrepreneurs this is the biggest issue! Clearly we can't tell you what you already good at. Good business ideas can come from almost anywhere; many of the world's great entrepreneurs came across the ideas in a number of ways. Though the path to success for many entrepreneurs is to find a mixture of what they are good at and what is required in a certain area. For instance, Steve Jobs, the late co-founder of Apple, was clearly a visionary. He was clearly good at turning an idea into reality and he found a place in the market for great products that had beautiful design. While clearly not everyone is likely to find this level of success, the combination of what you are good at and locating a market niche are vital to creating an entrepreneurial pursuit that is likely to success.
Many people wrongly see the application process as almost adversarial. It is not a case of you versus the official. You must appreciate that annually, the number of applications that are sent for processing that are unsuitable is huge. Not only have you got those who are applying with unsuitable businesses, you also have many applicants who will be purposefully trying to defraud the system. For this reason, applications are thoroughly assessed.
When you create your application you need to appreciate what it is that officials are looking for. Clearly they will be trying to detect fraud, but they are also trying to ensure that those who are legitimate have a business idea that is likely to work in the UK. It is for this reason that many argue that Tier 1 Entrepreneur Visa applications should be assessed by business leaders and not Home Office officials. While this may be a valid thought, the system is as it is. With this in mind, you need to ensure that your application is perfectly clear as to how your business will be set up and how it will make money. This is where a strong business plan and market research will pay dividends. While we can't help you come up with your business idea, we can help you to curate your business plan and application. So for more information on optimising your Tier 1 Entrepreneur Visa application, get in touch today and talk to our immigration experts about your situation. They can offer extensive help and advice to ensure that you get the best result possible from your application.
It's a shame that you dont have an 'Excellent' star rating on here, as my experience with Reiss Edwards is nothing short of an excellent rating. They handled my application for an Indefinite Leave to remain in April 2014 and did my husband's one very recently including my daughter. Every time i have approached them, they have continued to treat me with courtesy, respect and patience. Amar was indeed a very thorough and professional gentleman. He is very knowledgeable, corporative and engaging. He responded to my emails, calls and enquiries promptly. He was always reassuring. I could not have asked for a better Immigration service. I would recommend them over and over again for anyone looking for an immigration advice. They gave me a free immigration advice when i called them, and the quality of the advice was something other charge thousands for. If you need a particular, name, Amar would be it. He exemplifies, for me, the true, professional gentleman. He is a valuable asset to Reiss Edwards.
I am glad that i instructed Reiss Edwards on my visa matter. It started with a 20 minutes free immigration advice. I met with Amar to discuss my ILR refusal. He gave me a great deal of quality advice and decided to take on my messy case. I had doubts on the merits of my case by he was relatively convinced he could win it. That made me quite secure. To be honest, things did not start as quick as I would have wanted, but they kept on communicating the process and state of things to me.A big thank you to Verusha and Foram. They were also very helpful. Brilliant and informative. Their fee was fair and reasonable, especially if you compare them to other law firms and immigration law firms in London; some of whom even told me that i would not be able to get an indefinte leave to remain in this country. The process was long but was worth it. In the end, a big thank you to Reiss Edwards.
Investing over 2 million pounds is defintely not a routine decision. We had to make sure that the Tier 1 investor immigration lawyers that we'd be picking has to be one of the best within the Tier 1 investor category. We contacted Reiss Edwards and they were able to get us not only the Tier 1 investor visa but also suggested profitable investment portfolios in addition to what we already had in mind.
TI have just had British Citizenship application approved. Prior to making the application, i was not sure which law firm i should hire to facilitate the paperwork. After a few hours of research, i decided to go with Reiss Edwards and i must confess that i wasnt disappointed. The immigration lawyers at Reiss Edwards handled my case well and they really knew what they were doing. They were fully aware of what documents I needed and it was easy for them to tell if my case was going to be easy or not. At the end of the day, I have not received my British citizenship within 3 months. If anyone is looking for a good immigration lawyer to handle thier case, contact Reiss Edwards.
My wife's spouse visa extension application was refused by the Home Office and they gave her 14 days to leave the country. We contacted Reiss Edwards and they said "OK don't worry we will sort this out". They put together the list of documents for me to obtain and they prepared a bundle which was as thick as the printer it came out from.We followed everything they asked us to do and in the end we won our appeal and got our spouse visa. We can't recommend them enough and we have promised ourselves never to make any more UK visa applications without them.
The team of lawyers at Reiss Edwards are very professional and friendly people. Their experience in and around UK immigration law is quite extensive; be sure that you application is in safe and competent hands. My immigration matter was an indefinite leave to remain application based on Tier 1 on a self-employment basis. The immigration lawyers at Reiss Edwards made sure that the application was perfect and ready to be accepted. I got a positive decision and I recommend them highly for anyone who needs a UK immigration help.
I contacted Reiss Edwards to help me with my wife's UK settlement visa. They acted with utmost professionalism throughout the entire application. I spoke with Joe Dinh, he is an immigration solicitor and he is one of the best solicitors out there. He ensured that there was little to no room for error. At some point I thought he was over cautious. He remained calmed and continued to assure us on our immigration matter. Most people in his position would have panicked but he was calmed and continued to assure us. We received out positive outcome very quickly.
I have been using Reiss Edwards for three years now for my family's immigration application. Both for my initial application and extension. They are really affordable. The team of solicitors at this firm are probably one of the most efficient and economical in terms of cost. They offered free advice over the phone and spent good time with us before inviting us for consultation.
Reiss Edwards is a top notch immigration service company. The way they handled our documentation and also the list of documents they sent was efficient and top quality. They helped us professionally throughout the process. We are very happy with the immigration advice we received from the team. We highly recommend them.
I used Reiss Edwards immigration lawyers to assist with my immigration matter and that of my family. It was an EX1 application. They dealt with the matter properly and even when complications were coming up from the Home Office, they helped resolve the issue properly. They are very professional and are very popular in London. I am happy to have worked with them.
This is the only firm that i spoke with that didn't ask for money before listening to me, will be using them again.
I used Reiss Edwards for my Tier 2 visa application and it was successful. The team was ever present and happy to answer my question. The caseworker that dealing with my case went on holiday yet by case did not suffer one bit. Another lawyer stepped and took over the case without any hassle.
My Tier 1 Investor Visa was dealt with quickly and without issue. Would recommend Reiss Edwards as an Immigration law firm in London. Thank you to the team.
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