The executive summary should be only a page or two.In it, you may include your mission and vision statements, a brief sketch of your plans and goals, a quick look at your company and its organization, an outline of your strategy, and highlights of your financial status and needs.OBRA e-z software collects government standard Minimum Data Set (MDS) 2.0 criteria, scheduling information, survey information for government audits, quality indicator information, care-plan and financial program information, and generates real-time management information reports and data sets to efficiently manage long-term care facilities and electronically transmit MDS 2.0 information to state governments.
For now, you just want to give people an idea of how the ownership will be divided.
Additional questions you may want to consider answering in your executive summary include: The summary is the place to put your best foot forward, to talk up the upside and downplay the downside.
Provide a short explanation of how you’ll use any financing you seek. Nobody wants to lend you money if they don’t know exactly why you need it.
It’s not necessary to get into much detail here—just make it clear that you need it for x, y and z.
First and foremost, it should grab the reader’s attention.
It has to briefly hit the high points of your plan.When a business starts generating profits and plowing them back into the firm, value can build rapidly.Even if you aren’t in an industry likely to purchase buildings or patent valuable technology, the business derives value from the fact that it can generate profits into the future. If you have many equity investors coupled with a pile of creditors, this can get pretty complicated.You should also let the reader know how the investment will help the company grow and/or increase its profits. The best use of somebody else’s money is to buy or build something that will make more money, both for you and for that person.In your executive summary, consider the following: Don’t forget yourself: It’s a rare company that doesn’t have any investment from the entrepreneur or entrepreneurs who started it.The first part of your business plan that anybody will see is the executive summary.It’s a brief look at the key elements of the whole plan—and it’s critical.As always, accentuating the positive doesn’t mean exaggeration or lying.If there's a really important, unusual risk factor in your plan—such as that one certain big customer has to make a huge order for the whole plan to work—then you'll want to mention that in your summary.Here's a suggested format for an executive summary: You’ll need to explain why your idea has merit and how it can solve a common problem by making things easier, faster, or cheaper for the prospective customer(s).No matter how brilliantly crafted, written and presented your business plan is, it will be difficult to win your investors, and later customers, with a bad idea.