"Executive Summary"
Talha Arshad
Associate Accounts and Finance | ACCA Part-Qualified | QuickBooks Online Pro Advisor | Bookkeeping | Year-end Accounting | Financial Reporting | Financial Analyst
How to craft a compelling and concise overview of your business
1. Start with a Hook: Begin with a strong statement or a compelling fact that captures the essence of your business and its mission. This should grab the reader's attention and make them want to learn more.
2. Business Description: Provide a brief description of your business. What does your business do, and what are the products or services offered? Make sure to communicate your business model clearly.
3. Problem and Solution: Identify the problem that your business solves. Be concise and specific. Then, describe how your product or service provides a unique solution to this problem.
4. Target Market: Clearly define your target market and explain why your business is well-positioned to serve this market. Highlight the market size and potential for growth to illustrate the opportunity.
5. Competitive Advantage: Discuss what makes your business stand out from the competition. Mention any proprietary technology, strategic partnerships, or other competitive advantages.
6. Business Goals and Objectives: Outline your short-term and long-term business goals. Provide insight into the milestones you plan to reach and when you anticipate reaching them.
7. Marketing and Sales Strategy: Summarize your marketing and sales strategy. Explain briefly how you intend to attract and retain customers.
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8. Financial Summary: Provide a high-level overview of your financial projections. Highlight past earnings if available, and forecast future profitability. If seeking funding, outline how much is needed and how it will be used.
9. The Ask: If you are seeking funding, clearly state how much you need and the type of funding you're seeking (e.g., equity, debt).
10. The Return: Briefly mention what's in it for the investor or lender. This could be the expected return on investment or interest payments.
11. Conclusion: Close with a strong statement that summarizes why your business is a great investment opportunity and the impact you anticipate it making in the market.
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