Executive Summary :: essays research papers

The executive director summary is arguably the most important section of the patronage designing. It must be concise, specific, and well-written. It summarizes the highlights of the completed avocation architectural plan and provides a brief scene of the plan, with sales, spending, and profit summary figures. The summary emphasizes those factors that will make the business a success. It must contain earphone numbers for market size, trends, company goals, spending, diminish on investment, capital expenditures, and funding required. For new businesses or businesses seeking funding, credibility and excitement are key elements of the executive summary. Venture capitalists receive hundreds of plans for each one month, and just a few are actually being understand from cover to cover. A quick 20-second scan of the executive summary is the al-Qaeda for screening which plans to read and which companies to interview for investment. When the plan is the vehicle used to take up f inancing or investment, the executive summary should make it clear to the lector who is a potential source of funds why this is a sound investment. Business Background The business background section of your business plan cosmopolitanly consists of two to four sections that present information that is specific to your business. You may have gathered substantial information about competitors and the industry in general in the course of considering your business plans. This is not the place for that information. Instead, shorten solely on those characteristics of your business that are specific to your particular business. The business background generally includes the following a inventory describing the business entity and its general operation a document describing the product or service that your business will provide a document describing your facilities, if appropriate a document describing the people in your organization, if appropriate The Business Entity The business ent ity portion of the plan provides information that is specific to your business. This document sets forth the current status of operations, the focusing structure and organization, and the identification of key personnel. If the plan is being created for an existing business, historical information is also included. The business background provides the reader with information regarding the shell of business (e.g., wholesale, retail, manufacturing, service, etc.) type of legal entity (e.g., corporation, partnership, sole proprietorship, etc.) when the business was established where it is hardened the type of facilities, if any (e.g., retail establishment, manufacturing plant, etc.), although you may need to devote a separate