ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The executive summary is the first and one of the most critical parts of a business plan. This summary provides an overview of the business plan as a whole and highlights what the business plan will cover.

Detailed explanation-2: -Business Plan Section 4: Products and Services.

Detailed explanation-3: -The operations section of your business plan is where you explain – in detail – you company’s objectives, goals, procedures, and timeline. An operations plan is helpful for investors, but it’s also helpful for you and employees because it pushes you to think about tactics and deadlines.

Detailed explanation-4: -The operations plan is the section of your business plan that gives an overview of your workflow, supply chains, and similar aspects of your business. Any key details of how your business physically produces goods or services will be included in this section.