Author Question: What is an executive summary? Why is the executive summary often called the most important part of a ... (Read 646 times)

drink · **on:** Jul 6, 2018

What is an executive summary? Why is the executive summary often called the most important part of a business plan?

What will be an ideal response?

Question 2

A statement of cash flows is a snapshot of a company's assets, liabilities, and owners' equity at a specific point in time.

Indicate whether the statement is true or false

dantucker · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

The executive summary is a short overview of the entire business plan; it provides a business plan reader with everything that needs to be known about a new venture's distinctive aspects. The executive summary is important because it is often the first (or only) part of a business plan that a busy investor or other stakeholders will read. As a result, unless the executive summary is compelling, the business plan may not get any additional attention.

Answer to Question 2

FALSE