Write 1 Business Plan, But Many Executive Summaries

Thousands of business owners spend hundreds ofconsider writing a new 2 page executive level
hours writing their own business plan or spenddocument for each group. Highlight the items that each
thousands of dollars to hire a professional businessspecific group will be looking for in your executive
plan writer, all to produce a document that they neversummary and then just attach your normal internal plan.
use. If you want to get the most from your investmentMost readers will probably only read the first couple
in a business plan consider writing just one plan withpages of your plan anyway.
many executive summaries. Below you will learn how3. Write your Own Business Plan, Pay for Professional
to make this work:Executive Level Documents - As a small business
owner funds are probably tight, so consider writing
1. Write an Internal, Useable Business Plan - If you areyour own plan and then hiring a professional to write
writing your own plan shouldn't you be able to use it?various Executive Summaries for you. This way you
Consider writing yours for internal use and then simplywill get the most bang for your buck, and be able to
tweaking the plan in the event that you need one forutilize professionals for your 2 page summary which is
external readers.by far the most important piece of your plan.
2. Write Many Executive Summaries - Your banker,So to answer the question, "Is a business plan worth
potential investors, and grant making authorities all maythe investment?" it all depends on how you use it. If
ask for a plan, but they are all looking to get somethingyou want to maximize your plan's useful life write it for
very different out of it. Do you need to write a newinternal use and then write new executive summaries
plan for each set of readers? Probably not. Insteadto supplement it for all its various uses.