ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Executive Summary-Three to four pages summarizing the complete business plan-What is the business concept or model?-How is this business concept or model unique?-Who are the individuals starting this business?-How will they make money and how much?
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

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: -An executive summary is a brief, positive synopsis of the business and goes at the beginning of your business plan. An executive summary is normally about one to two pages long, contains two-sentence overviews of each section within the plan, and covers the most important information about the business.

Detailed explanation-3: -The executive summary goes near the beginning of the business plan but is written last. To include a summary of the different parts of your business plan, you’ll need to write them first. When you write the executive summary, keep it under two pages.

Detailed explanation-4: -Mission. State the company’s mission statement and provide a few sentences on what the company’s purpose is. Company History and Management. Products or Services. The Market. Competitive Advantages. Financial Projections. Startup Financing Requirements. 17-Oct-2022

There is 1 question to complete.