Posts Tagged ‘ entrepreneur ’

Business Immigration Ontario

Ontario is one of North America’s most dynamic places to do business. Entrepreneurs benefit from our strategic location, low taxes, competitive operating costs and a multicultural workforce that is well educated, highly skilled and productive.

If you are an entrepreneur ready to invest in and actively manage a business in the province, you may be eligible for the ON Provincial Nominee Program’s (PNP) Business Immigration stream. This stream accelerates the permanent residence application process for individuals who can establish themselves in ON. and develop a business that will provide significant economic benefits to the province. To qualify, you must meet specific personal net worth thresholds, make a minimum investment in an eligible business, be actively involved in the daily management of the business, and create one or more new jobs for Canadian citizens or permanent residents. Please note that meeting the minimum eligibility requirements does not guarantee approval.

The Business Immigration application process has two phases:
In phase one, you sign a performance agreement and are initially supported for a two-year work permit.
In phase two, you arrive in ON. on the work permit, establish and actively manage your business, and complete the investment and job-creation requirements.
Applicants are nominated by the ON PNP for Permanent Residence in Canada only when they satisfy the terms of their performance agreement.

You can apply to the PNP as a business immigrant in one of three categories as described below. Each category has specific requirements.

The Entrepreneur category is the best choice if:
You would like to start or purchase and expand a business anywhere in ON.
You have a personal net worth of at least $800,000.
You intend to invest at least $400,000 in (and acquire at least one-third equity ownership of) the business.
You can commit to creating at least three new jobs for Canadian citizens or permanent residents.
You would like to propose one key staff member on your application.
The Regional Entrepreneur category is the best choice if:
You would like to start or purchase and expand a business outside of the Vancouver and Abbotsford metropolitan areas.
You have a personal net worth of at least $400,000.
You intend to invest at least $200,000 in (and acquire at least one-third equity ownership of) the business.
You can commit to creating at least one new job for a Canadian citizen or permanent resident.
The Strategic Projects category is the best choice if:
Your company is interested in setting up a ON-based operation (such as a branch office or subsidiary) anywhere in the province.
Your company intends to make an equity investment of at least $500,000 in the business.
You would like to propose up to five key staff members on the application and you can commit to create at least three new jobs for each key staff member.
The Regional Business Succession Option is a good choice if you intend to purchase and manage an existing ON. business. This option applies to all business immigration categories where the business is located outside of the GTA Toronto and out of the metropolitan areas. This category offers priority processing and includes reduced job creation requirements.

Farming Businesses Only
Applications proposing agricultural activities must include a feasibility assessment of the proposed business prepared by a consultant from the List of Eligible Consultants approved by the Ministry of Agriculture under its ON Farm Business Advisory Services Program.

Read more about the criteria required to apply under these categories.

You may wish to explore other options for immigrating to Canada. Visit Citizenship and Immigration Canada’s website to read about federal business immigration options.

Career Transition Advice for Canadian Immigrants

Helping people find their true calling

As a trained professional , you have made many personal and professional sacrifices to end up where you are today.  You worked hard in school, went into debt, accepted an offer, honed your expertise, and for many of you, even became a noted and sought after expert in your field.  There’s only one problem.  You’re not happy.  And you’re not alone.  Many trained profesionals  feel trapped in their positions but now require a higher salary, a bigger fee or non-commission-based revenue they have grown accustomed to.  For many, this scenario has been likened to golden handcuffs – tying you to a job you don’t really love, but one in which you have developed the expertise and where you are paid well for your advice.

I can reassure you that if you are committed to your own personal satisfaction and peace of mind, and have the tenacity to embark upon a new path, change is not only possible – it is doable.  Remember the Chinese symbol for fear is a combination of two other symbols:  danger and opportunity.  Use this time in your life as an opportunity to positively transition your career using some of the strategies below.

Tips for professionals in Transition

Following are some practical suggestions to help you assess different paths available to you as a traomed professional:

1.Determine What you Do Best – Manyh of the the skills you use every day as a  trained professional are extremely transferable.  Part of your dissatisfaction likely stems from doing work you don’t enjoy for people who may not appreciate your contribution.  Develop a list of skills and activities you enjoy (writing, mentoring others, providing sound advice to clients, leading your team, etc.) – as well as those you don’t (internal politics, working long hours, research, dealing with those who don’t appreciate or value you, etc.).  Now, review the list and reflect upon the fact that other professions will value and appreciate your best and highest level skills – and those skills are not limited to “just” being a (insert your career here).

2. Identify your Inner Circle – Create a list of your closest clients, contacts, friends, referral sources, business associates, community members, religious leaders; those whose advice you trust and respect.  Use this list to selectively and confidentially meet with your trusted advisors.  Tell them you are open to a change at this stage of your career.  Tell them what you enjoy doing most, and then be open to their ideas and suggestions.

3. Give Rainmaking a Shot – If you are unhappy in your practice, you are likely frustrated about your own perceived lack of marketing savvy.  Before you throw in the towel, develop and implement an individual marketing plan for yourself.  Whether you are a solo practitioner, mentor, an advisor in a small firm, or in a large firm, individual marketing is where the rubber meets the road for trained professionals.

4. Get some Professional Advice – If you are truly looking at making a career change, talk to a professional career counselor; preferably one who has successfully helped in your field of services make career transitions.

5.Consider a Personal Marketing Coach – If you choose #3 above, you might benefit from the focus, accountability, process, and expertise a marketing coach could bring.

6. Beef up your Resume – Regardless of whether or not you make a move now, it is always smart to keep your resume polished and up to date.

7. Create Representative Experience – Define your experience as a trained professional by category of experience.  Then, select the type of clients who best exemplify your work.   Create a brief summary of each engagement by stating: Type of Client, Client’s Issue, My Approach, Solution or Results Generated.  This is a great marketing tool as either an addendum to your resume, or to add to your professional biography.

8. Work your Network – During times of transition it is more important than ever to stay in touch with those in your network.  Make a point to attend events, schedule coffee or lunch, or in other ways to connect with your contacts.  Your next career opportunity will likely come through someone you already know!

9. View Transition as an Opportunity – Pat yourself on the back and acknowledge that many unhappy trained professionals never reach the point of seriously implementing any of the ideas above.  If you choose to, you will find happiness beyond serving as a trained professional, or, with a few adjustments, delivering trained profesional services the way you want to.For other resources and workshops aimed at  Business, employment and  career transition contact

 

EXPRESS REQUEST
Interested in moving forward and speaking one-on-one with one of our coaches? Simply fill out the form below, submit, and a coach will contact you shortly, or contact us anytime at 647.448.2052.  For other resources and workshops aimed at  Business, employment and  career reinvention contact  here