Question

Sarah Parks is in the very early stages of putting together a business startup, and is thinking about writing a plan to request funds to conduct a feasibility analysis and to write a more complete business plan. What type of business plan should Sarah write at this point?

Answer 1

Summary business plan

Step-by-step explanation:

Summary business plan refers to a form of business plans that is presented in short/concise key points. These key points will have enough information to tell potential information regarding the type of products that will be sell and the strategy to obtain profit, but it won't include the specific details.

(this is why Sarah required more fund to conduct a feasibility analysis and to write a more complete business plan. )

Typically, summary business plan is made if your potential investors do not have much time to hear your presentation.