Illinois Checklist for Executive Summaries and Business Plans

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This checklist covers the essentials for preparing executive summaries and business plans. It discusses the typical length of such reports, what should be included, and what form the reports should take.

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FAQ

An executive summary provides an overview of a larger document or research and is usually the first thing your reader will see. Oftentimes, executive summaries are the only place decision makers will go to determine if action is warranted on a particular action or idea.

The key components typically include: Overview of a company/business. Identification of a main problem or proposition. Analysis of a problem or proposition, with supporting facts, data, and figures.

Here are a few key components of an executive summary for you to incorporate in your own: Project, business summary or mission statement. Problems and solutions. ... Background. ... Market research and competitive advantage. ... Business model. Financial information, projections and funding. ... Recommendations moving forward. ... Our mission.

While executive summary specifics will vary by company, Marius Thauland, business strategist at OMD EMEA, says all executive summaries should include a few critical elements: Objective. Target audience. Products and services. Marketing and sales strategies. Competitive analysis.

An executive summary should summarize the key points of the report. It should restate the purpose of the report, highlight the major points of the report, and describe any results, conclusions, or recommendations from the report.

Your executive summary condenses your entire introduction, business description, business plan, market analysis, financial projections, and ask into one to two pages.

An executive summary should summarize the key points of the report. It should restate the purpose of the report, highlight the major points of the report, and describe any results, conclusions, or recommendations from the report.

If they are experts, you can likely use professional jargon, but if generalists, use terminology easily understood by all. Executive summary lengths vary ing to the length of the larger document, and are usually anywhere from 1-4 pages.

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Illinois Checklist for Executive Summaries and Business Plans