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Executive Summary: Step 1 of 10 Plan Menu


Instructions:

Click in the text box above and type your own text into it. Keep it short. This summary is the doorway to the rest of your plan. Get it right or your target readers will go no further.

Remember, match your plan to your purpose. This is business, not writing class. If you're selling an idea, hit the highlights, make it exciting. Cite growth rates, opportunities, and competitive advantage. If you're just exploring an idea for yourself, say so in the summary.

As a general rule in a real business plan, your first paragraph should include your business name, what it sells, where it is located, and the nature and purpose of the plan. You might also refer to the keys to success, or at least summarize them briefly.

Another paragraph should highlight important points. Projected sales and profits are normally included, as well as unit sales and profitability. Include the news you don't want anyone to miss. That might be an important strategic focus for the plan, new product or service, or something else. In some businesses, it might be taking on new partners, new investment or new expansion, or even cutting the expenses and preparing the business for hard times.


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