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‘Genuine entrepreneur’ test

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha

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mohammed1980
Member
Posts: 158
Joined: Sat Jun 01, 2013 10:55 pm

‘Genuine entrepreneur’ test

Post by mohammed1980 » Tue Feb 11, 2014 7:03 pm

Hello, my interview is on 20th Feb and I will be grateful if members who have already given interview could spend some time to guide on what they mean by "‘Genuine entrepreneur’ test" and "the viability and credibility of the applicant's business plans and market research into their chosen business sector; "

what questions they ask about Business Plan and how they decide the viability and credibility ?
1] Does the BP have to written professionally? ...(I did my own.)
2] Do they check the figures in the financial forecasting and ask questions on them ?

Please guide.. much grateful to those who respond.
May God bless all !
thanks

Olasunkanmi
Diamond Member
Posts: 1324
Joined: Sat Aug 17, 2013 11:28 pm
Location: London, UK.

Re: ‘Genuine entrepreneur’ test

Post by Olasunkanmi » Tue Feb 11, 2014 11:43 pm

@ mohammed1980, genuine entrepreneur test, viability and credibility of applicant plans are all focus on whether you really want to do the business or you just want to get the visa to stay in UK.

Since you stated that you wrote your business plan yourself, then that will be an advantage to you since you should know everything in it. The questions at the interview will focus mainly on whether you know what you stated in the business plan with all the figures as well. Be ready to explain how you arrive at those figures and how feasible your forcast are.

Be ready to answer source of funds and your previous experience/qualifications in your chosen business. All possible questions are already posted by some member and that of REHAN01 covers all possible questions.

Here is d link to the questions posted by Rehan01;

http://www.immigrationboards.com/uk-tie ... 36523.html
The key to success is knowledge and hardwork, and to have faith.

mohammed1980
Member
Posts: 158
Joined: Sat Jun 01, 2013 10:55 pm

Re: ‘Genuine entrepreneur’ test

Post by mohammed1980 » Wed Feb 12, 2014 8:37 am

Olasunkanmi wrote:@ mohammed1980, genuine entrepreneur test, viability and credibility of applicant plans are all focus on whether you really want to do the business or you just want to get the visa to stay in UK.

Since you stated that you wrote your business plan yourself, then that will be an advantage to you since you should know everything in it. The questions at the interview will focus mainly on whether you know what you stated in the business plan with all the figures as well. Be ready to explain how you arrive at those figures and how feasible your forcast are.

Be ready to answer source of funds and your previous experience/qualifications in your chosen business. All possible questions are already posted by some member and that of REHAN01 covers all possible questions.

Here is d link to the questions posted by Rehan01;

http://www.immigrationboards.com/uk-tie ... 36523.html
Thanks a lot dear for a detailed reply. That was really really helpful.

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