Summary Of A Business Plan

Summary Of A Business Plan-32
Showing an executive that you have the right business for the job takes as much research as it does entrepreneurial ingenuity – and many business plans are heavy on dreams and light on fact.

Showing an executive that you have the right business for the job takes as much research as it does entrepreneurial ingenuity – and many business plans are heavy on dreams and light on fact.

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As such, an executive summary quickly becomes the most important element of any business plan.

Writing an executive summary can be a daunting task.

The Small Business Administration says on its website that the “most important section” of a business plan is the executive summary.

This is because the summary often goes to prospective investors first, with the anticipation they will be impressed with what they read and request the full business plan.

Together, these should show why your company represents an excellent investment opportunity.

Try to define your company’s “wow factor”--the one aspect of your venture that makes it stand out from all others the investors may be considering. Start with the basics--the name of your company, location, what industry you operate in, what products or services you offer and what stage of development your company has reached.

Here you should succinctly capture the main points of your document. Follow our dos and don’ts to help you create an engaging and persuasive executive summary.

An executive summary is a document that efficiently summarizes a larger business plan while communicating key findings and takeaways from research, as well as proposed courses of action.

The most straightforward way to do this is to create a business plan that includes all of your research, findings, and suggestions.

This business plan naturally requires an executive summary.

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