The executive summary also referred to as management summary an older term , is a short document that accompanies a larger document such as a business plan proposal, or a growth strategy plan. Usually, it summarizes the key points of a business plan or project report. It helps the reader get all the necessary knowledge without reading the whole document. On most occasions, it is inseparable from the original larger document. Its main purpose is to summarize the key concepts of a longer, more extensive document so that the reader can get acquainted with it in a short amount of time.
Last Updated: September 3, References. To create this article, 39 people, some anonymous, worked to edit and improve it over time. There are 8 references cited in this article, which can be found at the bottom of the page. This article has been viewed 1,, times. Learn more The executive summary is the most important part of a business document.
How to Write a Successful Executive Summary [Template + Example]
The management summary section of your business plan describes how your business is structured, introduces who is involved, outlines external resources and explains how the business is managed. This section backs up all of the data you've included elsewhere in the business plan by demonstrating the expertise of the team and resources behind your company. For an example of a management summary section, see the Coffee Kiosk Business Plan. The management summary section covers all of the relevant information about personnel, anticipated growth and how the company is organized.
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