Washington Checklist for Executive Summaries and Business Plans

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This checklist covers the essentials for preparing executive summaries and business plans. It discusses the typical length of such reports, what should be included, and what form the reports should take.

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FAQ

The key components typically include: Overview of a company/business. Identification of a main problem or proposition. Analysis of a problem or proposition, with supporting facts, data, and figures.

Your executive summary condenses your entire introduction, business description, business plan, market analysis, financial projections, and ask into one to two pages.

While executive summary specifics will vary by company, Marius Thauland, business strategist at OMD EMEA, says all executive summaries should include a few critical elements: Objective. Target audience. Products and services. Marketing and sales strategies. Competitive analysis.

A company summary might include your mission statement, goals, target market, products, and services, as well as how it stands out from competitors. The company summary can also be customized for a specific objective or audience, such as to secure financing from investors or banks.

Follow these steps to write a business plan that meets your company's unique needs. Step 1: Executive Summary. ... Step 2: Business Description. ... Step 3: Market Analysis. ... Step 4: Company Organization. ... Step 5: Products or Services Provided. ... Step 6: Financial Outlook. ... Step 7: Summary.

It should very quickly and clearly convey to the reader the key elements of your business or idea: The problem you are solving; your solution and its competitive advantage; the industry, total addressable market, size and growth potential of your target market; the business model and how you will make money; your path ...

Here are a few key components of an executive summary for you to incorporate in your own: Project, business summary or mission statement. Problems and solutions. ... Background. ... Market research and competitive advantage. ... Business model. Financial information, projections and funding. ... Recommendations moving forward. ... Our mission.

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Washington Checklist for Executive Summaries and Business Plans