Executive Summary Writing

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27 Questions

It provides the investor with the core statements and conclusions of your enterprise ______ and success factors.

strategy

Investors, bankers and representatives of investment groups get lots of business plans on their desks every ______.

day

They may not read the whole ______.

documents

But they usually read the executive summary ______, in order to quickly check, whether a review of the complete document would be worthwhile.

first

Provided the executive summary sounds ______, the reader will feel encouraged to read the whole business plan.

promising

On the other hand, if the executive summary does not convince at ______ sight, even a good business plan could be rejected.

first

Hence, avoid postponing the essential information to the later sections of your business plan, as most readers will not give you another chance if the main concerns are not already embodied in the executive ______.

summary

Figures and facts resulting from your data analysis (chapter 2) must be ______ represented.

perfectly

Otherwise, readers will doubt and question the ______ of your whole business plan.

plausibility

A short description of the ______, the success formula and unique selling propositions on the market: You must convince the investor that your products and innovations will prove to be competitive on the relevant market.

market

Therefore, it is especially important to know your target ______, its trends, the needs and preferences of your customers and the services provided by your competitors.

market

A concise presentation of your competitive advantages: Show in brief with which strategies you operate successfully on your market and how you have already distinguished yourself from your ______ and intend to do so in future.

competitors

Explain your operative strategies (manufacturing, procurement, logistics and ______) to your investor in a few sentences.

marketing

A short description of the products and services: Describe your products and services and thereby mention the essential features, in particular the unique selling ______.

propositions

It is also possible to first refer to the exceptional features in the choice and compilation of your product ______.

portfolio

Explain your production technology, product development and the arising ______ involved with them.

expenses

Reference to your communication methods: Briefly mention which communication methods you use to increase public awareness of the product and to position your product in the relevant ______.

market

Key financial data: Here you should give an insight into relevant financial data, e.g.annual revenue, sales volumes and costs for a period of three to five ______.

years

Nothing would divert Ford from this ______ and he put it into practice.

vision

This was the birth of one of the world’s leading car ______.

manufacturers

Without visions enterprises, as a rule, fail at the slightest signs of ______, or they decline into destructive compromises.

change

The vision delivers the “subject” of your ______.

enterprise

The mission describes the purpose of the enterprise, its strategies, behaviour patterns and ______.

values

In the so called mission statement you should briefly and precisely describe your company, explain what you would like to do and how you will be able to assert yourself in ______ with other companies.

competition

Peter Drucker wrote in his management book “Tasks, Responsibilities, Practices” that the fact that an enterprise's purpose and task are rarely thought over in an adequate manner, might be the most significant reason for the ______ and breakdown of a company.

failure

The task of an enterprise may lie in the manufacturing of products that provide benefits for a target group, for instance the production of Aspirin, or in the supply of services in health care, as for instance the medical services of a general ______.

practitioner

The business purpose gives a third party insight into what you are aiming ______.

at

Learn about the importance and purpose of executive summaries in business plans and how to craft an effective one to capture the attention of investors, bankers, and investment groups.

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