What is the executive summary of a business plan

Financial Projections Blue Mountain Cycle Rentals expects to earn a modest profit by year two based on projected sales. What ranks high in terms of importance? Within three years we intend to create the area's premier destination for cycling enthusiasts. Acquiring the right location?

Those employees will be attracted through competitive wages as well as discounts products and services.

Keep in mind this is just a made-up example of how your Summary might read. Because of his extensive industry contacts, initial equipment inventory will be purchased at significant discounts from OEM suppliers as well by sourcing excess inventory from shops around the country.

Our projections are based on the following key assumptions: We will overcome that issue by establishing a satellite location in Harrisonburg for enthusiasts who wish to rent bicycles to use in town or on other local trails.

Because of his extensive industry contacts, initial equipment inventory will be purchased at significant discounts from OEM suppliers as well by sourcing excess inventory from shops around the country. Also keep in mind this example focused on the rental business, so a description of products was not included.

More from this series: While the outdoor tourism industry as a whole is flat, the park expects its number of visitors to grow over the next few years.

Those employees will be attracted through competitive wages as well as discounts products and services. Make the rest of the process easy.

The Executive Summary is a brief outline of the company's purpose and goals. Our projections are based on the following key assumptions: As you develop your Summary you will naturally focus on the issues that contribute most to potential success.

As you develop your Summary you will naturally focus on the issues that contribute most to potential success.

Even though you may be creating a business plan solely for your own purposes, at some point you may decide to seek financing or to bring on other investors, so make sure your Summary meets their needs as well. It is a synopsis of the main points of your business plan, highlighting the key features.

If your concept is too fuzzy, too broad, or too complicated, go back and start again. Then work to accomplish your secondary objective by focusing on your readers. Most great businesses can be described in several sentences, not several pages.

Contents The executive summary can be tailored to individual readers. A well-written executive summary will allow the reader to grasp the main features of the business, and leave the reader excited and wanting to learn more.

Then work to accomplish your secondary objective by focusing on your readers. The owner of the company, Marty Cycle, has over twenty years experience in the bicycle business, having served as a product manager for ACME Cycles as well as the general manager of Epic Cycling.

What to Avoid The executive summary should be written in an interesting way, and not as an outline, a list of elements or as a table of contents to the business plan. Because of his extensive industry contacts, initial equipment inventory will be purchased at significant discounts from OEM suppliers as well by sourcing excess inventory from shops around the country.

Once underway we will expand our scope and take advantage of high-margin new equipment sales and leverage our existing labor force to sell and service those products. Due to the somewhat seasonal nature of the business, part-time employees will be hired to handle spikes in demand. Your business plan walks the reader through your plan.

Refine and tighten your concept. Competitive Advantages The cycling shops located in Harrisonburg, VA, are direct and established competitor. Let your excitement for your idea and your business shine through. In this case the products and services are obvious, so including a specific section would be redundant.

The summary should be short, no more than two pages. Introduction Blue Mountain Cycle Rentals will offer road and mountain bike rentals in a strategic location directly adjacent to an entrance to the George Washington National Forest.

Just make sure your sizzle meets your steak by providing clear, factual descriptions. In this case the products and services are obvious, so including a specific section would be redundant.

Once your Summary is complete, you can use it as an outline for the rest of your plan. The Executive Summary is often the make-or-break section of your business plan.This quick guide offers tips that will help you create the executive summary for your business plan.

Jolly's Java and Bakery bakery business plan executive summary. Jolly's Java and Bakery is a start-up coffee shop and bakery. Access all your favorite text, audio, and video products on-the-go through our Mobile formats.

· Live author webinars. · Learn from the experts. · Only the best biz books.9,+ followers on Twitter. How to Write a Business Plan Summary | Brian FinchKey insights in 10 min · 15,+ summaries · Free app · Money back guarantee9,+ followers on Twitter.

MaRS – Business Planning and Financing Management Series Building Block 2 – The Business Plan and Executive Summary How to use this workbook guide 1.

Make it a team exercise—but make it quick. Pulling the background information and strategy together to create a coherent. Jolly's Java and Bakery bakery business plan executive summary.

What Is an Executive Summary Business Plan?

Jolly's Java and Bakery is a start-up coffee shop and bakery.

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What is the executive summary of a business plan
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