Shuang Zhang, a professional acquaintance of yours, asked you to review his busi

Question

Shuang Zhang, a professional acquaintance of yours, asked you to review his business plan. Shuang's plan is for a new iPhone accessory that will allow people to use their iPhone as a karaoke machine. Gene is particularly proud of the operations section of the plan, which describes in painstaking detail the technology behind converting an iPhone into a karaoke machine and explains in a step-by-step manner how the business will be run. In total, the operations section of Shuang's plan comprises 11 of the 29 pages of the plan. Give Shuang some feedback regarding the scope and length of the operations section of his plan.

Explanation / Answer

For a business plan to be effective, it must be developed keeping in mind, the following points:

Operations section of the business plan talks about the criticalities and factors that add a unique quotient to this business plan and give it a competitive advantage. The following points must be kept in mind, while drafting the operations section of the business plan:

Shuang Zhang needs to keep the above points in mind and review his business plan to make it better.

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