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Try to create anticipation for the body of the business plan that will follow.
A bank lender, on the other hand, will review the plan more thoroughly as part of the business loan application.
A well crafted and thorough business plan can lay out a more complete understanding upfront that maximizes comprehension of the body of the business plan.
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However, there is more to writing the executive summary than simply being able to synthesize large amounts of material into a couple of short paragraphs.
You are attempting to translate the larger body of the business plan into a concise summary that adequately demonstrates the venture’s value proposals.
Hopefully, after reading the executive summary, the reader will approach each section of the business plan with a basic understanding of what the section includes and will explain in further detail.
Contents of the Executive Summary It depends on your business whether you are going to launch a new business or you already have an established business.
Below is a overview of what you should include and aim to achieve within your business plan.
The executive summary should tell all of the main points of the business plan in a concise format.