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ONE ISSUE !!!!!!

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

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haider.syed
Newbie
Posts: 34
Joined: Sun Oct 06, 2013 12:47 am
Location: United Kingdom

ONE ISSUE !!!!!!

Post by haider.syed » Sun Oct 06, 2013 2:56 pm

Switching into the Entrepreneur route from Post Study Work

If you are switching into the Entrepreneur route from the Post Study Work route, you must provide evidence such as contracts and advertising to show you are already operating a business. You must also show that that the service your business offers relates to an occupation equivalent to level 4 or above of the National Qualification Framework (NQF).


SO MY QUESTION IS; IF SOMEONE IS NOT ALREADY OPERATING HIS/HER BUSINESS THEN?

rehan01
Diamond Member
Posts: 1635
Joined: Fri Aug 10, 2012 7:05 am
Location: London

Re: ONE ISSUE !!!!!!

Post by rehan01 » Sun Oct 06, 2013 3:08 pm

Switching from PSW under 50k category your business has to be trading (At Level 4 or above) to be eligible to apply under this route if not than straight forward refusal bcz of not meeting the requirement.

regards
haider.syed wrote:Switching into the Entrepreneur route from Post Study Work

If you are switching into the Entrepreneur route from the Post Study Work route, you must provide evidence such as contracts and advertising to show you are already operating a business. You must also show that that the service your business offers relates to an occupation equivalent to level 4 or above of the National Qualification Framework (NQF).


SO MY QUESTION IS; IF SOMEONE IS NOT ALREADY OPERATING HIS/HER BUSINESS THEN?

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

Post by Olasunkanmi » Sun Oct 06, 2013 5:51 pm

@ haider.syed, trading basically doesn't mean your business should be turning big profits or making big transactions.

In HO context trading mean that you have put measures in place for your business to have start the necessary activities like, registering your business or as self-employ, registering with HMRC, opening a business bank account, doing adverts in form of website, flyers, business cards, getting business insurance, getting business office if necessary and signing contract with proposed clients (mind you that contract can start at anytime both party agreed).

All the above activities are not that expensive compare with the application fee, so its very important to have them in place before submitting application.
The key to success is knowledge and hardwork, and to have faith.

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