What is an "executive summary?" Why is the executive summary often called the most important part of a business plan?

What will be an ideal response?

The executive summary is a short overview of the entire business plan; it provides a business plan reader with everything that needs to be known about a new venture's distinctive aspects. The executive summary is important because it is often the first (or only) part of a business plan that a busy investor or other stakeholders will read. As a result, unless the executive summary is compelling, the business plan may not get any additional attention.

Business

You might also like to view...

Some directors may choose to enter a ___________ vote to avoid individual liability.

Fill in the blank(s) with the appropriate word(s).

Business

An interviewer who wants to conduct a structured interview should do all of the following except _______________.

a. use standard and numerical score sheets b. use behavioral and situation questions c. ask the same questions in the same order for each applicant d. ask questions that are unrelated to the position you are interviewing for

Business