Here's an executive summary example: Terra Engineering Executive Summary Terra Engineering Terra Engineering is a new company that will provide high quality technical and environmental engineering services to its clients. Terra Engineering is scheduled to begin operations on July 16,
Overview[ edit ] Business operations encompass three fundamental management imperatives that collectively aim to maximize value harvested from business assets this has often been referred to as "sweating the assets": Increase the value of the business assets Secure the income and value of the business The three imperatives are interdependent.
The following basic tenets illustrate this interdependency: The more recurring income an asset generates, the more valuable it becomes.
The more valuable a product becomes the more recurring income it generates. For example, a luxury car can be leased out at a higher rate than a normal car. The intrinsic value and income-generating potential of an asset cannot be realized without a way to secure it.
For example, petroleum deposits are worthless unless processes and equipment are developed and employed to extract, refine, and distribute it profitably. The business model of a business describes the means by which the three management imperatives are achieved.
In this sense, business operations is the execution of the business model. Business operations topics[ edit ] Generating recurring income[ edit ] This is the most straightforward and well-understood management imperative of business operations.
A business whose revenues are sufficiently greater than its expenses makes profit or income. Such a business is profitable.
As such, generating recurring "revenue" is not the focus of operations management; what counts is management of the relationship between the cost of goods sold and the revenue derived from their sale.
Efficient processes that reduce costs even while prices remain the same expand the gap between revenue and expenses and derive higher profitability. Multiple revenue streams - different sources of business income that support each other; example - sell printers and toners.
Methods of increasing value[ edit ] Growth strategies Expand market: Develop through research, design and marketing of companies name, logo and tagline. Maintaining intangible assets can protect elements that add value to a business - patentingcopyrighting or trademarking anything believed to be an intangible asset.
Securing the income and value of the business[ edit ] Desirability or demand for its goods and services Ability of its customers to pay for its goods and services Uniqueness and competitiveness of its business model Control exerted over the quality and efficiency of production activities Public regard for the business as a member of the community A business that can harvest a significant amount of value from its assets but cannot demonstrate an ability to sustain this effort cannot be considered a viable business.However, structuring an executive summary may be elusive.
I'm going to help you out here with two samples, one is a successful summary and the other is a poor one. You want to structure your summary around the good example and stay away from the poor one.
MaRS – Business Planning and Financing Management Series Building Block 2 – The Business Plan and Executive Summary How to use this workbook guide 1. Make it a team exercise—but make it quick.
Pulling the background information and strategy together to create a coherent. This article is part of a series on how to write a great business plan.. The Executive Summary is a brief outline of the company's purpose and goals.. While it can be tough to fit on one or two.
Here is the comprehensive guide on how to write a business plan in Nigeria or Africa to start, run, and grow a successful business anywhere in the world. Objective Summary Examples & PDF; Importance of Business Plan; In this guide, we will focus on writing an executive summary of a business plan.
Although they have the same objectives as those which are used in different fields, they still have to be well-written and . Create your own business plan Business planning has never been easier.
With complete sample plans, easy financials, and access anywhere, LivePlan turns your great idea into a great plan for success.