Executive Summary, Environment Analysis and Business Description
Executive Summary, Environment Analysis and Business Description
Executive Summary, Environment Analysis and Business Description
SUMMARY,
ENVIRONMENT
ANALYSIS AND
BUSINESS
DESCRIPTION
Objectives:
At the end of this lesson, the learner should be
able to
1.Describe the executive summary
2.Identify the major areas of an executive
summary include in the environmental
analysis and
3.State the important areas to be included in the
business description
Three major parts of the
Business Plan
1.Executive Summary
2.Environment Analysis
3.Business Description
Executive Summary
Is commonly the last section to be
written after all other major parts have
been completed, it is the next major part
of the business plan after the
introductive.
It must be written in a simple language
that can be easily understood and at the
same time attract the attention and
influence the decision of the reader.
Executive Summary include
the following sections:
1. Vision, missions, goals, and objectives
>must depict the fundamental
characteristics of the business plan.
Nature
Philosophical value
Identity
And image of the business
Business Model
Key Distribution
resources channels
Cost Revenue
structure statements
Business model defines the
perspective of the operation of
the business in the terms of
structure, production,
operation and financial
activities
Environmental Analysis
It is the strategic tool that
helps determine the
external and internal
factors affecting the
performance of the
business.
Basic element
for the
environmenta
l analysis
Global analysis
-evaluate the business
trend in the worldwide
market
Societal analysis
There different variables affecting the societal
environment
1. Political forces
2. Economic forces
3. Socioeconomic forces
4. Technological forces
5. Ecological forces
6. Legal forces
Industry analysis
Three important related tasks
1.Conducting a critical evaluation
2.Evaluating the business position
3.Determining the most appropriate
business
Business
Description
A.Nature and a form of business
B.Present status of a business
C.Product or service that it plans to
produce or serve
D.Various plant and office equipment
E.Size of the proposed business
F. Future parties with whom contracts
maybe necessary
G.Personnel requirement
H.Administrative operation