Develop A Business Plan

To work in the Netherlands on a self-employed basis you have to be granted permission to set up your business in the Netherlands. Furthermore, your business must serve an essential Dutch interest. The IND requires internationals to meet several conditions to apply for a residence permit as an entrepreneur – the most important of which is a solid business plan. Whether you’re a foreign international or a Dutch national seeking practice as an entrepreneur in the Netherlands, a business plan is always a good idea to help steer your efforts as an entrepreneur as well as convey your vision to potential investors and employees.

So what all is involved in writing a business plan? Simply stated, a business plan conveys your business goals, the strategies you'll use to meet them, potential problems that may confront your business and ways to solve them, the organizational structure of your business (including titles and responsibilities), and finally, the amount of capital required to finance your venture and keep it going until it breaks even.

Here are some of the basic requirements for a business plan to be submitted to the IND for practice in the Netherlands:

  • Information about you, the entrepreneur (personal data, family and income situation, financial obligations, educational and professional experience) 
  • Business information (information about the line of industry in which you will work, the starting date, and place of business)
  • Legal aspects (the legal form of your enterprise, trade name, licenses, liability, insurances, and supply conditions)
  • Commercial aspects (market potential):
    o A description of the type of business and product (features, application, need, innovative character and unique selling points)
    o A market analysis (description and size of the market and potential customers/market share), competitors, barriers, co-operations, and risks 
  •  The price breakdown, substantiated by agreements and references.
  • Organizational aspects (description of the organizational structure of your enterprise, the required competencies, and the number of staff)
  • Financial aspects (investment budget, financial plan, repayment schedule, opening balance sheet, balance sheet, operating budget, and liquidity forecast)
  • A copy of the deed of incorporation, including a list of powers, responsibilities, and the profit allocation between partners (in case of a private or public limited company).
  • An original certificate of the registration at the Dutch Chamber of Commerce 
  •  In case of freelance activities: service agreements showing that you will be performing activities on a freelance basis.
  • If applicable, your BIG-registration.

    To provide evidence that your business has an essential Dutch interest, you must also submit the following documents: 
  • Copies of diplomas obtained. If the diploma(s) was/were obtained abroad, the diploma(s) need to be accompanied by a diploma evaluation from Nuffic (the Netherlands organization for international cooperation in higher education) and the Foundation for Cooperation on Vocational Education, Training and the Labour Market (SBB).
  • Copies of certificates of educational courses in the Netherlands or abroad.
  • Documents illustrating the innovative aspects of the product or service to the Netherlands (for example patents or references from knowledge institutes)
  • Evidence of creating employment within your own business.
  • Evidence of any intended investments in the Netherlands.
  • Evidence of any previous experience gained as an entrepreneur. If you have a business in your country of origin, you must also submit a deed of incorporation and the articles of association of this enterprise.
  • Evidence of previous work experience, for example, by submitting references and/or testimonials and previous employment agreements.
  • An income statement over the last 12 months before submitting the application, for example, by submitting an annual income statement, tax assessment, or employment agreement(s).
  • Evidence of experience in the Netherlands. This could be demonstrated by including agreements with or references from Dutch (business) partners, or sales figures concerning the Dutch market.
  • Financial evidence supporting the application must be checked by a certified external expert (a chartered accountant, an accounting consultant, an accountant or a financial advisor).

Source: http://www.answersforbusiness.nl/ recreating

For nearly 14 years Undutchables works with full satisfaction together with Together Abroad.
We started with just posting our jobs on their job board, and throughout the years our cooperation has grown into a valuable partnership.

Since last year Together Abroad present their workshop “How to find a job in The Netherlands” also at the 4 Undutchables offices to our candidates. We are happy to be able to provide such great and reliable service to our candidates.
And we look forward to continue our fruitful cooperation in the future.

Kirsten Jansen - van den Broek Undutchables

We have worked with Together Abroad as advertisers since their inception in 2009.

During this time, we have found them to be very responsive to our needs and very pleasant people to work with.


I would certainly recommend them as reliable and responsive business partners with an eye to the market and having their fingers on the pulse of the Dutch employment sector.

 

Ray Paker - Madison Parker International

I have known Linda since the inception of Together Abroad and have always been impressed by her passion for the world of internationals and the energy and drive they have invested in their business.

She have built an important portal for the international community in the Netherlands providing information, trainings and job opportunities to this group.

The job board is an important resource to Adams and gives us greater exposure to the jobs we advertise and an additional source of candidates.

 

Maureen Adam - Adam's Multilingual Recruitment