Business idea resume example

A business plan provides a detailed rationale for a particular project, describes all aspects of future production, financial and commercial activities and consists of several parts. The main one is a summary of the business plan, as it briefly reflects the essence and effectiveness of the project. The first impression is formed on the basis of a resume by a potential investor.

Business plan summary and structure

In the general structure of the business plan, the resume is placed in the part immediately after the title page, so it is from it that the acquaintance with the idea begins. On its basis, a decision is made on the expediency of further study of the document. In accordance with this, this part should be drafted clearly, succinctly and concisely in order to convince everyone who studies it of the need for a more detailed consideration.

Various sections can be included in the summary if it helps to present the project in a favorable light, in practice it contains the following sections

Information about the organization on the basis of which the implementation is planned;
Brief description of the project, its main idea;
Project mission;
Description of the scope of implementation, competitive environment and competitive advantage;
Goals and objectives;
Required investments;
Description of implementation efficiency, indicators, on based on which it was assessed;
Implementation period and payback period;
Information about permits;
General conclusions.

This section should be no more than two pages in order to read it in a minute. It is better to form it at the end of the work in order to most fully reflect all the necessary characteristics.

Content of the business plan summary

The first thing to start with is introducing the company that is implementing this project. Indicate the name, organizational and legal form, number of employees, authorized capital, field of activity, date of creation, contacts of representatives.

Next, go to the description of the proposed project. It is necessary to briefly formulate the idea, indicating whether the project is new or an addition to an existing one. Add in this part the geography of the project "The project is proposed for implementation in the city ..." or "the specified project allows you to reach clients throughout the country."

The mission of the project is the main goal, the mission of its existence. In other words, what this project is created for. The mission should be global and not limited to just making a profit.

The success of a future project directly depends on the approach to its implementation. The starting point at the beginning of financial activities is clear development planning.

Many aspiring entrepreneurs do not attach importance to this. Due to the lack of specialized knowledge in the field of market economy, inexperienced businessmen doom themselves to unnecessary costs for the development of their activities.

A business plan is a document that details a development strategy. It defines the main goals and describes in stages the ways to achieve them in the shortest possible time.

There is no specific, strictly established form for drawing up a business plan. Each company or entrepreneur may have it in a different way. It depends on the goals and scope of future activities. Most financiers, when writing it, recommend adhering to these generally accepted points:

Title page;
Resume;
Brief information about the business;
Description of produced goods and services;
Market and competitor analysis;
Basic marketing strategy;
Production plan;
Financial plan;
Risk analysis and assessment with insurance programs;
Applications.

What is a business plan summary?

A correctly written resume prompts you to become more familiar with the business plan after reading it, which increases the chances of success. Often, incorrect drafting of this section leads to rejection and causes distrust of the main part of the business plan.

The executive summary of the business plan in the hands of experienced financiers will be the first thing they will read before deciding whether this project will be profitable and whether it will live up to expectations. As a rule, they start writing after drawing up the business plan itself, so that all the key points can be reflected in it.

Usually the length of the resume does not exceed 2-3 pages of the document. They need to reflect only the main points of the business plan, but so that the specialist believes in the effectiveness of the developed strategy. The main resume subsections are:

Project name and organizational information

Name ;
Organizational form (LLC, individual entrepreneur);
Form of ownership;
Share of the state;
Average annual number of employees;
Annual gross turnover;
Contact information (address, telephone);
Bank details;
Personal data of managers.

Project Description

Combining these two requirements is not as easy as it seems at first glance, especially if you are developing a large project.

What should be reflected in the section?

As stated above, the executive summary provides a summary of each section of the business plan. Therefore, it is advisable to start it with an introduction, in which you need to place information about the company that will implement this project.

This part should include information:

about the date of foundation of the company;
about its location;
about what the company plans to do;
about the goals set for the company by the management team;
about clients who need the goods or services produced by the company.

Then you can start writing the main part of the section. Here it is worth talking mainly about the fundamental parameters of the project, the implementation of which will be carried out by the organization.

The main body should consist of:

from the general indicators in accordance with which the products are manufactured at the moment;
from the production indicators, which the authors of the project strive to achieve after it will be implemented. By the way, you should indicate information about both real indicators and promising ones. Also here it is necessary to calculate the finances that the production process requires for smooth operation, the amount of capital investments, without which implementation is impossible, and the amount of current costs that ensure further uninterrupted production;
from the goals that the enterprise will achieve in the presence of such indicators. For example, in order to conquer a certain part of the market with similar goods, it is necessary to successfully implement a project based on price-quality ratio;
from a description of the promising development directions that the company can count on after the project is implemented;
from the pivot points for the application of strength and finance to achieve success;
from the description of possible obstacles and difficulties that may follow the implementation process. Here you need to provide brief information on what can be done so that the risk does not arise or entails minimal losses.

This list is indicative. The complexity of the project and the number of enterprises participating in it, as well as specific features and circumstances, may require the introduction of other additional points.

The person responsible for drafting the document should remember that making additions does not allow exceeding the recommended resume size - 3 pages of printed text in A4 format. In addition, clarity should not be compromised by the increase in the number of paragraphs.

You can view options for small business ideas with minimal investment here.

What to look for

The executive summary of the business plan is a kind of introductory document provided to potential investors. The main task of the document is to arouse the interest of a partner who plans to invest money in the implementation of a certain business idea.

What is a business plan summary

A business plan summary is a separate advertising and presentation document. The main task of the paper is to convey to the potential partner and investor all the nuances of the project, to stimulate partners' interest in the proposed strategy.

The resume is an integral part of the business plan, and is located on the second page of the document. In fact, this is a kind of project vision, the formation of the main project goals and business development strategies. When receiving a document for study, financial structures, investors and government agencies will have the opportunity to briefly familiarize themselves with the proposed project and conclude whether it is worth studying the proposal in more detail, or is it inappropriate.

What should be in a business plan summary

The executive summary of the business plan is an extract of basic information about the project, which, in addition to the basic information about the proposal, contains conclusions and financial indicators of profitability.

The submitted document should immediately interest a potential partner. Given the importance of this document, it is necessary to undertake its preparation after the business plan itself is fully prepared. This will make it possible to operate with specific figures and results, to choose the information that can arouse the greatest interest in the interlocutor.

Many users do not know what should be in the summary of business plans. All information provided should be of interest. Therefore, it is extremely important to follow some rules for drafting a document:

Information should be concise, clear and structured. Avoid "fuzziness" and ambiguity in the content, since there is a high probability that the project will simply be rejected without properly studying.

The resume should detail all aspects of the proposal outlined in the business strategy. Therefore, you should make basic extracts from all sections of the business plan in order to demonstrate its maximum completeness and rationality.