First of all, is there a conclusion to a business plan?
Yes, but the conclusion of the business plan is not necessarily where you would expect it to be!
The conclusion of the business plan is not at the end of the plan but in the executive summary. And there are 2 good reasons for that.
Firstly because the executive summary contains the key points of your business plan - the rest of your plan is only there to reinforce and back the claims advanced in the executive summary - which makes it a natural place to conclude the plan.
Then (and mostly?) because the executive summary is very likely to be the only part that will get fully read in your plan!
That's for the form, now let's look at what goes into the conclusion of your business plan.
Well... it depends on the purpose of you business plan.
If you are writing a business plan to raise financing, then you need to specify the total funding requirements, the amount you already secured (from existing shareholders, banks, business partners, grants, etc.), and eventually an overview of the key terms you would like to obtain (minimum commitment, duration of the loan, or percentage of equity on offer).
If you are writing a business plan for a supplier or a key hire, then you can adopt a more traditional type of conclusion that simply reiterates and highlights the key strengths of you project.
I hope this quick article helped you to get a better understanding of how to write the conclusion of your business plan. You can find some additional information on business planning in our guide to writing a business plan.
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