Location: Wellington, New Zealand
Industry: Food & Beverage (F&B) – Bar & Eatery
Service Provided: Business Plan & Financial Projections for Immigration NZ Accreditation
The Challenge: Immigration Accreditation for a New Hospitality Business
Launching a new bar and eatery in Wellington’s competitive F&B scene is challenging enough. But for this client, there was an added hurdle: they needed to secure Immigration NZ accreditation to support hiring offshore talent—and they were a brand-new business with no trading history.
Immigration NZ often exercises strict scrutiny for accreditation applications, especially from newly established companies. The absence of prior financials or trading records posed a risk to the application being declined
The Accounting Company’s Solution
The client turned to The Accounting Company to create a compelling, compliant, and commercially viable business case. Our team of experienced advisors stepped in to provide a comprehensive solution that met both business goals and Immigration NZ criteria.
Here’s how we addressed the challenge:
Step 1: In-Depth Industry & Market Assessment
- We evaluated local F&B trends in Wellington, including foot traffic, competition, and seasonal factors.
- Benchmarked expected performance against comparable venues in similar areas.
Step 2: Customised Business Plan Development
- Crafted a detailed business plan showcasing structure, staffing requirements, compliance processes, and local employment goals.
- Highlighted the business’s value to the local economy and potential to create jobs.
Step 3: Accurate Financial Projections
- Built multi-year financial forecasts, including revenue, expenses, profit margins, and breakeven analysis.
- Included realistic cash flow and growth projections aligned with Immigration NZ’s expectations for sustainability and scalability.
Step 4: Immigration-Ready Documentation
- Ensured all materials were professionally formatted and aligned with Immigration NZ’s accreditation guidelines.
- Prepared additional supporting documents, including a staffing plan and operational outlook.
The Result: Accreditation Secured
Thanks to our comprehensive and strategic approach, the F&B business successfully obtained Immigration NZ accreditation—despite being newly established. The accreditation enabled the client to move forward with hiring international staff, confidently launch operations, and begin building a strong presence in Wellington’s hospitality sector.
Key Takeaways:
- Even new businesses can gain Immigration NZ accreditation with the right planning and support.
- A well-prepared business plan and financial projection package builds trust and credibility with regulators.
- Working with experienced accountants makes navigating NZ compliance smoother and faster.
Need help securing Immigration NZ accreditation for your business?
📞 Contact The Accounting Company today to build a solid, compliant foundation for your business success.
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