An executive summary is a business plan overview that succinctly highlights its most essential elements. The purpose of the business plan is to attract financing from investors or convince banking executives to get a bank loan for their business. New entrepreneurs or business owners typically use a business plan to present their great business idea to potential stakeholders like angel investors. We’ll also point you toward executive summary templates to help you get started. We’ll explore five steps to writing your business plan’s executive summary, including what to include and avoid. The executive summary is a crucial element of that business plan. Anyone starting a new business must create a business plan that clearly outlines the organization’s details and goals.
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