MGS3013 Unit 4 Executive Summary In LivePlan Steps

MGS3013 Unit 4 As Executive Summary in Liveplan steps for Liveplanstep

MGS3013 Unit 4 As Executive Summary in Liveplan steps for Liveplanstep

Create a new company in LivePlan by entering the company name, selecting "new business" as the business stage, setting the start of forecast, choosing a 3 or 5-year forecast period, selecting 1-year monthly detail, and choosing dollars as the preferred currency. After creating the company and starting the plan, adjust the outline by renaming the "Market" section in the Executive Summary to "Industry Analysis and Target Market" and similarly in the Opportunity section. Add an "Industry Analysis" subsection under 'Opportunity' in the main business plan before the "Target Market" subsection. Focus on drafting only the "Opportunity" section of the Executive Summary, emphasizing key elements such as the problem, solution, industry analysis, target market, competition, your advantages, and your expectations. When completed, invite your instructor to review your plan by adding their email as a contributor, ensuring they have access to provide comments. Finally, upload the Executive Summary file to the assignment submission link, following the specified naming convention. The purpose of this assignment is to craft a succinct, impactful Executive Summary that highlights essential aspects of your business plan to attract potential investors or lenders.

Paper For Above instruction

The development of a comprehensive and compelling Executive Summary is a crucial initial step in creating a business plan using LivePlan, especially for aspiring entrepreneurs seeking to attract investors or lenders. This process involves setting up a new company profile within the platform, customizing the outline to include pertinent industry-specific analysis, and then focusing on the "Opportunity" section to succinctly encapsulate the core value proposition of the business. The detailed instructions emphasize creating an accurate and strategic overview, highlighting the problem the business intends to solve, the proposed solution, industry analysis, target market considerations, competitive landscape, and unique advantages. Crafting this section with clarity and conciseness ensures potential stakeholders quickly understand the business’s potential and make informed decisions about engagement. Inviting an instructor or advisor to review the plan via LivePlan’s collaboration tools further refines the document through expert feedback, enhancing its quality and impact. Submitting the finalized Executive Summary in the specified format completes the assignment, laying a solid foundation for the broader business planning process.

References

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