Two,Types,Executive,Summaries, business, insurance Two Types of Executive Summaries
Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise. Franc
When the Executive Summary precedes the business plan, its length should be short, typically only one to two pages and certainly no longer than three pages. This is because the Executive Summary is not meant to tell the whole story of the business opportunity. Rather, the summary must simply stimulate and motivate the investor to learn more about the company in the body of the plan.The second type of Executive Summary is a stand-alone document. That is, it is given, by itself, to investors for their initial review. If interested, the investor will then request the full business plan. A stand-alone Executive Summary is often used to limit the flow of information. That is, if an investor is not interested in the general opportunity that your summary presents, you dont want to reveal to them intimate details of your plan.Regardless of which type of Executive Summary you are developing, the summary must included the following critical elements:A concise explanation of the businessA description of the market size and market need for the businessA discussion of how the company is uniquely qualified to fulfill this needIn addition, a stand-alone Executive Summary should include summaries of each essential elements of the business plan. This includes paragraphs addressing each of the following:Customer Analysis: What specific customer segments the company is targeting and their demographic profilesCompetition: Who the companys direct competitors are and the companys key competitive advantagesMarketing Plan: How the company will effectively penetrate its target marketFinancial Plan: A summary of the financial projections of the companyManagement Team: Biographies of key management team and Board membersThe Executive Summary is the most critical element of the business plan. If it does not grab the investors attention, the investor will neither read nor request the full business plan. As such, spend time developing the best possible summary, create two versions (e.g., stand-alone and full plan predecessor) as appropriate, and work to get it in the hands of the right investors.
Two,Types,Executive,Summaries,