this is really awesome post everything is defined through this post thanks for sharing it with us and bro @ilyas, I need to as that can I get some ideas from your blog for making a business plan because there will be competition of universities where we need to present every business plan , that's why O thought, to ask from you.
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I may be of some help due to my limited knowledge of how businesses work but I would advise you to contact some successful entrepreneur who himself has done business. It will help.
actually, I am going to represent my campus in Hyderabad where I have to give an innovative business plan just because I thought to get some suggestion because you are most experienced person for me.