Picking from where we were last week, today we will look into a business plan outline and discuss about two major facets of a business plan. Initially we talked about eight areas that make up a business plan. Just as recurp in this issue today, we will tackle the first two areas mainly being cover page and executive summary. So what entails a cover page? Under this title, the elements to consider should be as follows: Name of your business, Business address, Name of presenter,State the organization to which you will present to, and finally indicate the date of presentation. On the other hand, when you tackle executive summary, these is what is expected; a prospect would like to see a concise summary of the total business plan not in more than five pages and should cover salient facets of the following subtopics of a business plan. Talk about the statement of purpose, market plan, operation, organizational management and your financial plan. Remember the key word to keep here is about being brief and straight to the point. Signpost your business plan to talk on your behalf. Avoid being hesitant and communicate effectively to pass your message wholly.
P.S. Look forward to detailed discussions about other upcoming areas with such objective eye.
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