When establishing a new company and obtaining a business management visa, The content of the business plan is the most important factor in the examination process.
Even if the necessary documents for a business administration visa application are properly gathered and applied for, the application may be denied if the business plan is judged to lack “stability and continuity” of the business.
For many people writing a business plan for the first time, they may not know how to write one.
However, we are not required to submit an advanced and detailed business plan as we would submit to a financial institution when applying for a loan, Therefore, if you have a certain level of business plan with the right points in mind, you should be able to obtain a permit.
The following is a description of how to write a business plan for obtaining a business management visa.
- Business Management Visa Business Plan
- First of all, think about what your business is all about.
- How to write a business plan and key points
- 1 Outline of the Project (Overall picture of the project)
- 2 Motive for starting the business and the size of the market (why start the business)
- 3 Target Customers and Their Strengths
- Main Products and Product Sales Methods
- Progress to date
- Marketing (how to attract customers)
- income and expenditure statement
Business Management Visa Business Plan
First of all, think about what your business is all about.
The first step is to properly finalize the details of the project and then incorporate them into the plan.There are many foreigners who want to obtain a business administration visa anyway, but have not defined the nature of their business in the first place, or start with vague objectives.
Common Examples
⇒What products do you sell and where? We sell cosmetics and miscellaneous goods to home countries.
⇒What kind of cosmetics and miscellaneous goods do you sell? By what means do you sell them?
The business plan will only be as good as its contents if you first clarify what kind of business you are going to do,It is important to properly consider the business model first.
How to write a business plan and key points
There are items to be written in a business plan, and each item has its own key points to be kept in mind.
1 Outline of the Project (Overall picture of the project)
It is important that the business plan have a narrative.If we suddenly explain the details, the whole picture will not be seen, and it will be difficult for the reviewers to understand.
Briefly describe the specific type of business you will be engaged in.
2 Motive for starting the business and the size of the market (why start the business)
Describe why you decided to start the business, including market size and customer target.
sample description
Chinese people have a strong trust in Japanese brand cosmetics in terms of quality, just as they do in food and medicine,The brand has gained tremendous popularity due to the brand’s longing for “Japanese style (made in Japan) = high quality”.
Many cosmetics made in China are sold, but some of them are dubious products or fake products disguised as Japanese brands, and many people want genuine “made in Japan” products, Japanese cosmetics are sold as additive-free, alcohol-free, fragrance-free, colorant-free, etc., which gives them a sense of security.
In addition, China’s cosmetics imports continued to grow in 2020, the year of the Corona disaster, with total imports from January to October already exceeding those of the previous year at $16 billion, and by country, since Japan surpassed South Korea as the top importer in 2019, the gap has widened further, accounting for 24.7% ($3.9 billion) of total imports in the period from January to October 2020. Japan’s imports accounted for 24.7% ($3.9 billion) of total imports from January to October 2020. The reasons for this are thought to be the expansion of the buying public that can afford to purchase high-priced but safe and reliable Japanese products, and the fact that demand for basic cosmetics (skin care products), where Japanese brands are strong, does not decline even if people go out less frequently than in the make-up category.
As mentioned above The demand for Japanese cosmetics in China continues to increase, and I see this as the greatest opportunity. Since I was a student, I have been studying the planning of such trading business, and now that I have a good prospect of securing suppliers of Japanese cosmetics and sales outlets and routes in China, I have established XX Corporation with a capital of 5 million yen.
3 Target Customers and Their Strengths
Next, clarify to whom the service is intended.
Specifically,
- Target Clientele
- Customer’s problems and needs
- The company’s strengths and resources in providing value to its customers
The following is a description of the
Main Products and Product Sales Methods
This is an important part of the visa application. Specifically, describe what products you will sell and how you will sell them to customers.
If you sell cosmetics in a vague manner, you will not be able to obtain a business management visa, so you will need to provide a proper description of your products, photos of your products, and if you have a track record, attach delivery receipts and invoices.
sample description
⇒Attach specific product names and product images. Supplier: XX Corporation *Contract available
⇒If your business requires purchasing, also indicate where you will be purchasing from. If you do not have a prospect of suppliers, secure suppliers before applying.
Storage of purchased goods: 1-2-3, XX Ward, Saitama City, Saitama Prefecture *Contract available
⇒If you conduct trading business, the storage location of the purchased goods is also required. If the goods are exported directly from the supplier, this should be stated.
Sales destination: XX store, XX Corporation, individual consumer
⇒It is also important to secure some sales destinations before applying for a business management visa.
Sales method: For corporate customers, we will ship directly to them depending on the quantity and type of goods sold, and for individual consumers, we will sell the goods after listing them on Taobao.
Sales unit price: 10,000 yen to 35,000 yen
Progress to date
To obtain a business administration visa, it is necessary to prove that the business is expected to be stable and continuous.For this purpose, it is good to be able to describe what activities have been carried out and what stage they have progressed to before applying for a business administration visa.
supplier
- Yuda Corporation Signs Basic Transaction Agreement
- Sample Shoji Trade Basic Transaction Agreement concluded
sales destination
- Yuda Shoji is a company run by a Chinese acquaintance, and both parties have agreed to do business with our company.
Marketing (how to attract customers)
This section describes how you plan to attract customers. It is best if you already have a clear idea of how you will attract customers, but many people may not have a clear idea because they are in the early stages of opening a business.
A simple example is provided below for your reference.
It does not have to be that specific, as long as the above plans are well described.
Push strategy (direct sales activities)
Since arriving in Japan in 2014, I have built up a large network of contacts through my vocational school and previous jobs. Many of my classmates from the vocational school have established their own businesses, and Chinese residents in Japan have formed their own communities in Japan and are connected through social networking services such as Facebook and WeChat.
In the beginning, we will promote our business widely, especially among the above-mentioned people, to attract customers through referral-based business.
(As of July 2020, we expect to sign contracts with 3 companies)
Pull strategy (advertising, PR, etc.)
In addition to the above referral-based business, we will aggressively market our products on the Internet using Amazon and Rakuten, with Taobao at the top of the list. Since I am fluent in Japanese and Chinese, I would like to not only export to China but also eventually supply Chinese products in Japan to meet the demand for Chinese products in Japan.
income and expenditure statement
Finally, a statement of income and expenses is included.
If you search the Internet for “income and expenditure plan sample,” you will find a variety of formats. It is recommended that you choose one that is easy for you to write and describe.
Specifically, the following numbers are listed
- Sales Forecast
- quantity or value of goods laid in
- SG&A expenses
- profit and loss plan
All of the above should include the The rationale for stating the numbers must also be included.
The above is how to write a business plan when applying for a business management visa. The way to write a business plan varies depending on the business model you are going to conduct, so please refer to the above as a reference.
Writing a business plan is hard work, but if you think it through and describe it properly, you will be able to use it not only to obtain a business management visa, but also for your business after you obtain the visa, So, take your time and write it down carefully.
