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This paragraph should essentially be able to summarize the purpose of the business and the competitive advantage that the company has over its competitors. The next paragraph should highlight what is the current status of the business.
It should include product or service development, launch or customer usage details. It includes the important aspects of the business model, the first set of customer segment that the company has decided to serve, marketing and implementation plans. Important statistics and parameters like total number of users or transactions, number of activities conducted and their impact etc.
This section should convey the current financial status of the company and describe if the company is planning to raise additional investments for expansion. It will include a brief financial summary and the details of current investors and investments.
This point should convey the successes that the business has already achieved since its inception. It can include company formation details, business transactions, key partnerships, activities etc. This section also provides an opportunity to use other brand names which help in improving the credibility of a company, especially if it is in a startup form. It can also include names of business advisors and mentors who are guiding the founders of the company. The entrepreneur should describe future business goals and expansion plans under this section.
It also includes how the business has evolved over a period and new opportunities that it opens up to grab in the market. It should be able to convey where the entrepreneur would like to take this business in future in terms of financial aspects and market growth.
Details like new customer segments, new markets or global expansion and technology road map should be included in this part. One of the most important aspects of an executive summary is to quantify it.
Usually, numbers convey a story better than words and they can highlight various important parameters and successes. There are numerous business plan writing services in Pune and Mumbai which can guide entrepreneurs to create successful and affordable business plans. Business plan preparation is a cumbersome process however at the same time writing a business plan is a more challenging process since it requires summarizing over 30 pages within pages.
There are various other ready made templates and formats available online but seeking professional business plan writing services are always recommended. Get connected within 24 hours to pre-screened, trustworthy and small business friendly service providers for Services in top Indian cities.
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26 rows · Business plan is an important tool for business through which a company can define the enterprise objectives and scope of operations, products and services, and operational strategies. It also helps businesses analyze the competition, forecast the sales, profit, and cash flows.
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