When an executive summary is part of a business plan, its purpose is largely to engage prospective investors and buyers.īut a business plan isn’t the only place you might find an executive summary. Often, executive summaries are associated with business plans. What types of documents or projects require an executive summary? In this way, it’s similar to an elevator pitch, except it’s representing a piece of writing rather than an individual’s goals. Although it can be tempting to compare an executive summary to an abstract for an academic report or paper, there is a key difference between these two types of document: An abstract is a synopsis of a report or paper that sums up the document, while an executive summary is a shortened version that still hits all the main document’s key points.Īn executive summary gives readers, often business leaders, investors, partners, or purchasers, a sneak peek of the full contents so they can make decisions about how to proceed with the company or proposal. Grammarly helps you communicate confidently Write with Grammarly What is an executive summary?Īn executive summary is the abridged form of a business document.
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