ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -“The executive summary of a business plan is designed to capture the reader’s attention and briefly explain your business, the problem you are solving, the target audience, and key financial information, ” Ross Kimbarovsky, CEO and founder of Crowdspring, told Business News Daily.

Detailed explanation-2: -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.

Detailed explanation-3: -Executive summary 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.