All categories

3 years ago

Which of the following sections of a business plan comes first but should be written last?

Business

1 answer:

Naya [18.7K]3 years ago

6 0

Answer:

B. The executive summary

The executive summary usually comes first but written last since it is supposed to give away the key points of the presentation in a short but precise manner to attract the reader.

Explanation:

The executive summary is a short and concise explanation of the key events that are to be further discussed in the business plan. It serves to prepare the reader for the coming events in the business plan by giving him/her an overview of the key points in the business plan. A good executive summary also serves to captivate the intended reader to want to know more about the business plan.

A good executive summary should have the following properties;

1. Captivating opening statement; the reader needs something that will draw their attention to the business plan and make them want to know more. They need an opener that is interesting.

2. Short and precise; this is where the reader needs to know that you actually understand what you are talking about. This section has to be very precise but short.

3. Problem solution; in this section, you can provide answers to a particular problem. This part also needs to be short since you are writing an overview of the solutions. The detailed explanations will be in the business plan.

4. Proof that it can be done; this is where you provide evidence that you and your team can be entrusted with the business to run it to it's success.

5. Call to action; it's now time to close the deal. Set yourself above the competition to make sure that your client has no other option but to settle for your plan.

You might be interested in

In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em

bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations at;

brainly.com/question/1657284

7 0

2 years ago

x-co issued 1,000 shares of its 5%, $10 par value, cumulative preferred stock for $100 cash per share. the journal entry to reco

gizmo_the_mogwai [7]

If the company issued 1,000 shares of its 5%, $10 par value, cumulative preferred stock for $100 cash per share. the journal entry to record this event includes: is: Debit Cash $100,000 ; Credit to Preferred Stock $100,000.

<h3>How to prepare the journal entry?</h3>

Based on the given information we were told that the company issued 1,000 shares in which the cumulative preferred stock is the amount $100 cash per share. The appropriate journal entry to record the transaction is:

Journal entry

Debit Cash $100,000

Credit to Preferred Stock $100,000

( To record preferred stock)

Workings:

Preferred stock = 1,000 shares × $100 cash per shares

Preferred stock = $1000,000

Therefore the correct journal entry to record the transaction is to debit cash with the amount of $100,000 and credit Preferred stock with the amount of $100,000.

Learn more about journal entry here: brainly.com/question/14279491

#SPJ1

6 0

1 year ago

What is the main difference between ballon mortgage and arm

LenKa [72]

Answer:

A balloon mortgage is a type of a loan that requires the borrower to make the payment as a lump-sum at the maturity period while under the ARM the borrower is allowed to choose the small periodic payments suitable for both the lender and the borrower.

ARM is the abbreviation for Adjustable Rate Mortgage. therefore the loan repayment changes according to agreement between the lender and the borrower.

4 0

4 years ago

Read 2 more answers

Which example describes sharing risk?

alexandr1967 [171]

Answer:

getting car insurance is the correct answer.

Explanation:

4 0

3 years ago

________ is defined as a social and managerial process by which individuals and organizations obtain what they need and want thr

Thepotemich [5.8K]

Answer:

The correct answer is C

Explanation:

Marketing is the one which is concerned with the management as well as the study of exchange relationship. It is the process of business of establishing the relationship with the customers through exchange the value.

As it is used to attract the customers, the primary components of business commerce and management.

So, marketing is the process of managerial and social through which the groups and the individuals obtain what they want and need by exchanging and creating products and value with others.

3 0

3 years ago