In Summary of Business plan, the entrepreneur prepare a document stating the nature of business, production level that the business expert to reach, human resources, the financial status etc.
The characteristics of a business plan should be simple; concise and clear in the sense that business plan should be clear so as to be readable and understandable by anybody even in your absence; accurate and supported with figures and data is a major area in which any investor will focus much attention to know the spending, earning and profit of the film. In this case entrepreneur should be accurate with figures and data not demanding more when profit is very low but demand less than initial money proposed; Also the plan should be truthful and realistic, the business plan should be fully trust, any entrepreneur that build on half-trust, exaggeration can never attract attention of investors, it is good to transparent business to financiers.
In writing business plan, the entrepreneur should give description of the investment and services. The financial business plan will be listed and what it will cover and when loan is expected to be paid. The executive summary of business plan gives the investor picture of business in which the points are highlighted. Analysis of industry is something cannot be overlooked as it details the performance of industry and gives overview of industry he is going to do business with and future of the industry. He should know the competitors and customers and know the competitor’s strength and weakness
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