On Monday, we will be submitting a Business Plan for a university-level competition. I had thought that the Business Plan was thorough and well-written, from the academic point of view. I showed it to hubby and he had a lot to say about it.
His main comment was that the financial planning should be more realistic. The cost planning was not clear and failed to take into account obvious expenses like EPF, SOCSO, overheads and projected expenditure. He also remarked that the ROI calculation does not give a clear indication of the returns expected.
My hope of the student winning the event was a little dashed. A question lingered in my mind- will the Business Plan be successful? I admit that hubby's comments got me worried. He had one look at the document and jumped straight at the financial forecast. I suspect that the judges will do the same. I guess I'll just have to keep my fingers crossed. Nothing much I can do at this point. Moral of the story: Hubby knows best?