Business Plans

We Write the Plans, You Get the Approval

457 Visas for Newly Established Startup Companies

Only workers who have been nominated by a business that has been approved as a Standard Business Sponsor (SBS) can apply for a nomination of the subclass 457 visa. Nonetheless, newly established businesses that have been trading for less than 12 months can also be approved as a SBS. The business plans have to show that the business is legally established and there is a good prospect of the business in the industry. It serves not only as a plan for business operations but also to inform the case officer that the business will be able to sustain itself and the proposed nominee.

What are the requirements to be an approved SBS?

  • There is a properly established business structure - such as a company, trust, partnership or registered business name; and

  • The business must be in a sound financial position; and

  • The training activities of the business must meet the Department of Immigration benchmarks

  • Show that there is benefit to Australia either by creating or maintaining employment opportunities for Australians, expanding Australian trade and more

What information should be provided to increase SBS success?

  • Australian Business Number (ABN)

  • Australian Company Number (ACN)

  • Detailed business plan

  • Contract of sale relating to the purchase of the business

  • Lease agreement relating to business premises

  • Contracts to provide services

  • Evidence of employment of staff

  • Business Activity Statements (BAS)

  • Business bank statements covering the period of operation

  • Photos of marketing collaterals (business cards, brochures, websites, etc.)

  • Photos of office space and setup

  • and many others!

What does the completed Business Plan includes?

  • Background and Purpose – eg: Executive summary, Business Objectives, etc.

  • Market Analysis – eg: Overall Industry or Market, Competition, etc.

  • Product or Service Development – eg: Research and Development, Service process, etc.

  • Marketing – eg: Marketing Strategy, SWOT Analysis, etc.

  • Financial Data – eg: Cost Control Measures, Financial Projections, etc.

  • Organization Structure and Management – eg: Key Personnel, Key Future Personnel, etc.

  • Ownership – eg: Business Structure, Current Capitalization, etc.

  • Risk Factors – eg: Unforeseen Industry Trends, Unforeseen Risk Factors, etc.

  • Conclusion – Summary

What other related services do we provide for startup or self-sponsor 457 visas:

  • Company registration – ABN, ACN, PAYG, TFN, etc.

  • Employment contracts

  • Marketing collaterals – Website, logo, business card, letterhead, etc

We also provide business plan writing for Business Investor and ENS visas. Our business plans can be certified by a CPA (Australia) for bank loan purposes too.


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