Getty Images Writing your business plan. It's definitely not the most exciting part of starting a business. In fact, if you're like a lot of entrepreneurs, you're probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding. Because that's the thing--your business plan is a pretty important.
Since this is a summary of the plan's contents, you write this piece last. For a start-up business, you might be writing a business plan and executive summary to present to a lender for financing. It provides the lender with a preview of what the plan details. According to the website Bplans, the executive summary includes five primary parts: Add the title to the page.
Start the first paragraph with the business name and address. Write a description of the business offering. Follow up the business name and address in the same paragraph with a description of the product or service the business expects to offer.
Highlight the products or services in a way that sounds appealing and sets you apart from the competition. You want the executive summary to intrigue the reader enough to read what the rest of the business plan holds.
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State the purpose of the plan in the first paragraph. Each business plan has its own objective. Some business plans are simply for internal use, while other start-up business plans are for potential investors or lenders. The website Bplans suggests that if the purpose of the plan is to find investors, then say it.
If you are seeking a small business start-up loan, say it. Move on to writing the second paragraph and highlight important parts of the plan.
This paragraph, for a start-up business, typically includes sales and profit projections for the business. According to Bplans, you either can describe this information in text format or include pie charts or graphs to reflect the information. Tips Executive summaries should be clear, precise and to the point.
According to Bplans, the best executive summaries are one page in length, although Bplans says that some experts say the executive summary can be two pages or as many as 10 pages. References 2 Small Business Administration: Photo Credits business plan image by pablo from Fotolia.Detailed page guide to preparing a business plan with page-by-page and section-by-section advice and help.
View guide Free online tools for preparating (i) a 3-page strategic plan and (ii) a 'first-cut' business plan for all sizes and types of businesses. This 10 pages business plan template is created using OpenOffice Writer including a table of contents page.
You can modify sample contents on each page in this sample business plan that are laid out in tabular format and print it out on an A4 paper size. Benefits.
Whether you run a business, work for a company or government, or want to know how standards contribute to products and services that you use, you'll find it here. Site Feedback Discussion about this site, its organization, how it works, and how we can improve it.
This is a cross marketplace category spanning all the marketplaces so you may find content here created by sellers in other marketplaces than you. We would like to show you a description here but the site won’t allow us. Business plan template software lets you automatically write a business plan online.
Try our day free trial, no credit card required menu. How it works your accountant and your business partners to view and edit your plan.