LMIA Owner Operator Business Plan

Under the LMIA Owner Operator program, foreign candidates can purchase a controlling interest in a business and actively participate in its operations.

At Mikel Consulting, we specialize in helping entrepreneurs navigate the program with customized business plans that highlight their positive impact on the Canadian economy and labor market.

  • $1,500

    Starting Price (CAD)

  • 7-10 Days

    Delivery Timeframe

  • 25-35

    Pages

  • Unlimited

    Revisions

LMIA Owner Operator Business Plans

The LMIA Owner Operator program offers foreign candidates the opportunity to purchase a controlling interest in a business and actively engage in its daily operations, while bypassing the requirement to advertise the position. This program allows applicants to showcase their vision, skills, and commitment to positively impact the Canadian business landscape.

At Mikel Consulting, our experienced team specializes in guiding entrepreneurs through the LMIA Owner Operator program, ensuring a comprehensive business plan that not only meets program requirements but also increases the chances of obtaining the necessary visa for business immigration.

  • The cost of an LMIA owner operator business plan starts at $1,500 plus applicable taxes. The exact price may vary depending on the complexity of the business model.

  • Typically, it takes 7-10 business days to complete an in LMIA owner operator business plan. However, we also offer rushed delivery options for an additional fee.

  • We offer unlimited revisions within a 30-day period to tailor your business plan precisely to your needs and comply with IRCC requirements.

    In the rare event of plan rejection, we provide dedicated support by addressing concerns and making revisions based on immigration officer feedback for resubmission.

  • The intra-company transfer business plan typically consists of 35-45 pages. However, we always prioritize the quality of the content rather than focusing solely on the page count.

  • Our LMIA owner operator business plan package includes the following tentative sections:

    Executive Summary: Provides a concise overview of the business plan, highlighting key points such as the business concept, goals, and anticipated economic benefits.

    Company Overview: Describes the background, history, and legal structure of the business, along with ownership details and any relevant partnerships or affiliations.

    Economic Benefit: Presents a detailed analysis of the positive impact the business will have on the local region and the Canadian economy, including job creation, skills development, and economic contributions.

    Industry Overview: Analyzes the industry in which the business operates, including market trends, growth prospects, and any regulatory considerations that may impact the business.

    Competitor Analysis: Evaluates the competitive landscape, identifying key competitors, their strengths and weaknesses, and strategies to differentiate the business in the market.

    Strategy and Go-to-Market Plan: Outlines the business strategy, including target market segments, marketing approach, sales channels, and distribution strategies to effectively reach and engage customers.

    People's Case: Highlights the skills, expertise, and experience of the management team and key personnel, demonstrating their capability to successfully operate the business and contribute to its growth.

    Marketing Plan: Presents a comprehensive marketing strategy, including branding, positioning, pricing, promotions, and customer acquisition tactics to effectively market the products or services.

    Financial Forecast: Provides a detailed projection of the business's financial performance, including revenue forecasts, expense breakdowns, profit margins, and cash flow projections.

    Appendix: Includes supporting documents, such as market research data, financial statements, resumes of key personnel, permits/licenses, and any additional information that strengthens the business case.

  • Our streamlined process ensures a smooth and successful journey towards your goals:

    1. Initial Consultation: Discuss your goals with one of our professionals either through email or a phone call.

    2. Ready to Engage: We send a contract and detailed questionnaire specific to the type of plan requested. The questionnaire includes questions about the business details, business model, business strategy, and may request copies of other pertinent documents such as resumes, branding, agreements, and contracts.

    3. Questionnaire Review: One of our team members reviews the completed questionnaire to ensure that we have all the necessary information. If any additional information is required, we will follow up for clarification or additional documentation.

    4. Writing: The business plan writing process begins. This process typically takes 7-10 days but rushed delivery is available.

    5. Revisions: The first draft of the business plan is submitted for review. We revise the plan based on feedback and suggestions.

    6. Delivery: After the content of the business plan is approved, it undergoes a final proofreading session. The plan is then delivered as the final working product.

  • In case of plan rejection, we address concerns and revise the plan based on immigration officer feedback to meet required standards. Our guarantee includes adjustments and revisions to align with specific feedback. Our experienced team works closely with you to understand rejection reasons and increase chances upon resubmission.

Learn About the LMIA Owner Operator Program

Important Update to the Program

Effective April 1, 2021, the Owner/Operator category, which exempted applicants from the advertising requirement of the Labour Market Impact Assessment (LMIA), has been removed from the Temporary Foreign Worker Program (TFWP). Employment and Social Development Canada (ESDC) ceased issuing owner/operator LMIAs that did not require an advertising period. This means that applicants are now required to fulfill the advertising requirement when applying for a work permit under the LMIA process. Please refer to ESDC's official website for the most current information regarding the availability and requirements of the LMIA Owner Operator program.

  • An LMIA (Labour Market Impact Assessment) is a critical step in the Canadian immigration process for employers who want to hire foreign workers. It is a thorough assessment conducted by Employment and Social Development Canada (ESDC) to ensure that hiring a foreign worker will not have a negative impact on the Canadian labor market. The purpose of the LMIA is to protect the rights and job opportunities of Canadian citizens and permanent residents.

    The LMIA process typically involves the following steps:

    • Job Market Research: The employer must demonstrate that efforts have been made to hire Canadian citizens or permanent residents for the job position by advertising the position and providing proof of recruitment efforts.

    • Application Submission: The employer submits an LMIA application to ESDC, providing detailed information about the job position, wage, benefits, and the need for a foreign worker.

    • Assessment by ESDC: ESDC reviews the application and assesses factors such as the availability of Canadian workers, the impact on the labor market, wages and working conditions, and the genuineness of the job offer.

    • Recruitment Verification: ESDC may request additional information or conduct an audit to verify the employer's recruitment efforts and ensure compliance with labor standards.

    • Decision and Approval: Based on the assessment, ESDC determines whether to issue a positive or negative LMIA. A positive LMIA indicates that hiring a foreign worker is justified due to a genuine labor market need, while a negative LMIA indicates that there are available Canadian workers for the job position.

    The LMIA process is extensive to ensure that the employment of foreign workers does not negatively impact Canadian workers' job opportunities and to maintain the integrity of the labor market. It ensures that employers genuinely require foreign workers and that they provide fair wages, benefits, and working conditions, protecting both foreign workers and the Canadian workforce.

  • The LMIA Owner Operator program is a distinct category within the LMIA process that offers an alternative route for foreign candidates who wish to purchase a controlling interest in a Canadian business and actively participate in its day-to-day operations. This program recognizes the unique circumstances of business ownership and emphasizes the potential positive impact on Canada's economy and labor market.

    Unlike the traditional LMIA process, which focuses on demonstrating the unavailability of Canadian workers for a specific job, the LMIA Owner Operator program provides more flexibility. It acknowledges that foreign candidates, through their ownership and active involvement in a business, can bring significant benefits to Canada socially, culturally, and economically.

    By meeting the requirements of the LMIA Owner Operator program, applicants can bypass the traditional LMIA process, which typically involves extensive procedures and recruitment efforts. Instead, they can concentrate on showcasing the positive impacts their business ownership and active role will have on Canadians or permanent residents. Each application is assessed on a case-by-case basis, considering the social, cultural, or economic benefits it will bring.

    It's important to note that although the LMIA Owner Operator program exempts applicants from the advertising requirement of the traditional LMIA, it still requires comprehensive documentation and evidence to support the claim of significant benefit. This documentation highlights how the applicant's business plan aligns with the program's criteria and demonstrates the potential contributions to the betterment of Canada.

  • To demonstrate a positive impact on the Canadian economy and labor market through your business plan, it is important to provide a comprehensive analysis of how your business will create employment opportunities, contribute to economic growth, and potentially transfer knowledge or technology to the local workforce. This can be achieved by showcasing your business expansion plans, job creation projections, and the potential for skills development and knowledge transfer within the Canadian workforce.

  • The LMIA Owner Operator program does not typically restrict eligibility based on specific sectors or industries. However, it is crucial to ensure that the business you intend to purchase aligns with the requirements and objectives of the program. Each case will be assessed individually, and factors such as the economic viability and potential impact of the business on the labor market will be taken into consideration.

  • The eligibility to qualify for the LMIA Owner Operator program typically involves purchasing a controlling interest in an existing Canadian business. However, it is important to note that the specifics and requirements of the program may vary, and it is advisable to consult official sources or immigration professionals for the most accurate and up-to-date information regarding the purchase of businesses that would qualify for the program.

  • The length of the work permit granted under the LMIA Owner Operator program is typically subject to the regular work permit rules and regulations set by Immigration, Refugees and Citizenship Canada (IRCC). Work permit durations can vary depending on factors such as the specific LMIA application, the nature of the position, and the requirements of the program. It is advisable to consult official sources or immigration professionals for the most accurate and up-to-date information on work permit durations under the program.

  • Speak With An Advisor

    We can’t wait to get you approved!

  • Learn About Our Partner Program

    Special rates available for legal attorneys, solicitors & consultants!