Feedback on the business plan draft submitted

Innovation in health care in many ways

These are my comments regarding the business plan draft submitted last Saturday.  Thank to all those who did their best to comply.

1. The drafts are still work in progress. Most are only 30 to only 40% done.  A lot more work has to be done to put flesh into the business plan. As we say that MDs are scientific and evidence based, the BP has to be buttressed with more information (clearer information) that the concept will work

2.  There are those who subscribe to other BP formats. There are about several thousand business plan formats. But for our purposes, the business plan format that shall be graded only shall subscribe to this format and which was published in the web site:

Notes on business plan submission

3.  Required parts of the business plan and their weights/points system of grading:

Contents of a business plan and their weights in grading

1. Business concept and business model                                             10 points
2.  Executive Summary                                                                        5 points
3. Business Objectives -  VMOKRAPI                                                  10 points
4.  Organization  Technical, Financial and Middle Management                 5 points
5.  External Environment:  Macro and Micro Market                               10 points
6.  Product Customer                                                                            5 points
7.  Sales projection                                                                              10 points
8.  Operations (how to produce the product or service                            10 points
9.  Strategy         SPATRES    (enterprise delivery system                     20 points
10   Financial Projections                                                                   10 points
11. Compliance with regulations and exit strategy                                  5 points