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Business Format Plan
Free Business Planning Toolkit

PART I
THE EXECUTIVE SUMMARY

Free business format plan, a business planning course for aspiring leaders. In the following information, you'll learn the importance of The Executive Summary section of a business plan.

"It's not the plan that is important, it's the planning."
- Dr Graeme Edwards



The Executive Summary is a critical part of your business plan. Here is where you provide a concise overview of your vision and how you plan to make it become a reality.

This is the first section of the plan so it's imperative that you focus the reader and convince him to adopt your vision from the very beginning. More than any of the other sections that will follow, the executive summary is key to your success because you must explain to the reader why you believe that your business idea will be one that will succeed.

In addition to the mission statement, which we will detail in the next section, the following content is included in the executive summary:

  • Date business was establihed
  • Names of founders and the functions each perform
  • Number of employees
  • Location of business, and any branches, franchises or subsidiaries
  • Description of business premises
  • Products produced or services rendered
  • Banking relationships and key information for current investors
  • Summary of company growth supported by financial highlights
  • Summary of future plans for the organization

If you business is brand new, you will not have all of the information detailed above. Instead, you will need to focus your comments on your background and why you believe you have the necessary knowledge and skills to make your dream into a reality.

Regardless of your supporting documentation, you MUST clearly communicate to the reader that there is a need for your product/service and that you have what it takes to bring it to the consumer and meet the expectation of your investors.

Although the executive summary is located first in the business plan, it must be written last to ensure that all of your information is updated and complete.

Learn more about the business format plan and The Executive Summary, by reviewing these free sample business plans.


Words of Wisdom for Business Owners
A Strong Appetite for Personal Growth

"The best preparation for good work tomorrow is to do good work today"
- Elbert Hubbard

There is a false idea of what constitutes real genius and success. This myth is one of the key stumbling blocks that stand in the way of a person's success.

There is a sense by too many that only those who are blessed by the almighty at birth; ordained to rise to greatness and lead others, have any chance of become the top in their field. This is absolute nonsense.

The genius that has accomplished great things in the world, as a rule, is the genius of downright persistence and hard work. Focused and committed EFFORT is the one single thing that has always transformed the world.

You can spot the person who is most capable of this unique sort of effort. The surest sign of the sort of genius that can accomplish things, is the one who possesses a hunger for achievement; a longing to become more, to be somebody of significance; to do something worthwhile in this world.

It is truly astonishing how much power there is in an intense desire and determination to accomplish a thing, anything, no matter how easy or difficult it may be.

As a rule, it is this intensity; that hearty appetite within us for achievement; that thirst for knowledge that must be quenched, which will measure our success in life.

Great business leaders of the past did not enjoy the convenience of what technology provides us today. Don't miss any key information in the business format plan - ensure your success using the only business planning product we recommend.


DOWNLOAD REQUEST FORM
Free Business Format Plan Ebook

Receive your free business format plan ebook - a Business Planning Toolkit Course. This informative collection of business plan section-guides are clearly presented and supported by insightful words of wisdom from some of history's most successful business owners. Remember, you only need to download the free tool once. All of the sections in this business format plan ebook are included in a single pdf file for your convenience.

TO RECEIVE THIS FREE TOOL: Subscribe to our FREE monthly newsletter. Instructions to quickly access ALL of our free leadership tools will immediately follow.



Additional Business Planning Toolkit Sections

» Mission Statement Tools
A clear mission statement definition is provided using this unique tool to create your mission statement. The tool is free, and it works!

» Mission Statement Examples
Example of mission statement ideas to consider. Highly effective mission statements have clear goals and specific timelines.

» PART II    The Company Description
The business plan write up must detail the focus of the organization and how all the moving pieces of the company all fit together.


Leadership Tools & Resources

We're always seeking new business format plan tools and resource ideas for our readers. Do you have a suggestion for business planning activities that you would be willing to share? Share your own helpful hints and tips here.



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