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Business Plan Template
Completed writing your business plan?
Let’s wrap it up with a conclusion that ends your business plan on an exciting and positive note. Not to forget—a conclusion that convinces the readers about your business’s potential to succeed.
In this blog post, you will learn exactly how to write a conclusion of a business plan and get an example to guide you.
Let’s get started.
A business plan conclusion is the final section concluding very concisely the points discussed in your business plan.
It reinforces the business’s strengths and feasibility and reassures the readers of potential business success. It clarifies the reader’s benefit of associating with your business and convinces them of a profitable investment opportunity.
A conclusion is about 3-4 paragraphs long and is designed to drive action and leave a lasting impression on reader’s minds.
Many people confuse a conclusion and an executive summary to be the same. However, they are not. Let’s see how.
Clear enough, right? Let’s move ahead.
Although a conclusion is not mandatory, it is an important aspect of a business plan. It communicates your passion and commitment to a business idea and convinces the readers of your ability to succeed.
A conclusion synthesizes the key insights of your business plan focusing on aspects such as market analysis , business strategy, competitive advantage, and milestones. It reinforces your plan’s vision and establishes your strategic position amongst readers.
A well-crafted conclusion will drive desired actions from the readers. It can seal the deal and fulfill your objective of writing a business plan.
From what information to include to where to place the conclusion—this section will guide you to write an impactful conclusion for your business plan.
There are two places for you to place your conclusion. It can either be after your executive summary or at the end of the document.
The location changes depending on who you plan to present your business plan with.
If you prepare a business plan for investors , placing your conclusion after the executive summary will increase the likelihood of it getting read.
However, the conclusion should be placed at the end for business plans that are prepared for internal use and business partners. Conclusion in this case reviews and emphasizes the company’s strengths.
The information in your conclusion changes depending on your audience and the intent of the business plan.
For instance, if you’re a new business trying to secure funds, your conclusion can synthesize the key details about the following:
However, if you’re a small business trying to grow or use this plan for internal use, consider covering key insights from the following aspects:
These are the details you can cover while writing your conclusion. However, including every bit of these in your conclusion is unnecessary.
Think from your reader’s perspective. Determine the information that would excite them about your business and form your conclusion accordingly.
Now that you’ve decided on the placement and information to be included in your conclusion, it’s time to make your conclusion zesty.
How? Get the facts and stats that would support the claims you make in your conclusion.
For instance, if you’re promising growth, show market research that supports your claim. Again, if you’re promising a certain return on investment, include the statistics that can make investors believe you.
Sway away from vague statements and assumptions. And, if you feel that the statistic would be best absorbed through visual charts or graphics, don’t be afraid to add one.
If you want the readers to take action, guide them. Add a crisp clear call to action(CTA) and explain how the readers would benefit from taking that action.
For instance,
Don’t beat around the bush. If you are making a funding request, be unapologetic. And even if not, your CTA should suggest how a reader can support your growth.
Once your conclusion is ready, re-read and proofread it for any grammatical or spelling errors. Fix the flow and remove fluff to make your conclusion crisp and persuasive.
Get your friends and business partners to read the conclusion and check if the message you are trying to send is crisp and clear. If not, make the necessary adjustments.
Use this business plan conclusion as a reference and tailor yours keeping in mind the needs, objectives, and audience for your business plan.
Launching EcoRide Electric Scooters will revolutionize urban transportation by providing an eco-friendly, efficient, and affordable solution for city commuters. Our innovative design and advanced technology will set us apart in the rapidly growing market for sustainable transport options.
We are poised to make a significant impact on urban mobility, and we want [Investor’s Name] to be a foundational part of our journey. By investing in EcoRide Electric Scooters, [Investor’s Name] will benefit in the following ways:
Together, we can transform urban transportation, reduce carbon footprints, and create a sustainable future for city dwellers. If you share our vision for a cleaner, more efficient urban commute, partner with us.
Now that you have understood the process and referred to an example, let’s conclude your business plan.
Identify the information you must highlight, encapsulate it into a powerful conclusion, and pair it with an even more powerful CTA.
However, remember that the conclusion just seals the deal. It’s the business plan that will hook your readers till the end. With Upmetrics’s AI business plan generator , you can create truly engaging business plans in just about 10 minutes.
So, improvise your business plan, sum it up with a convincing conclusion, and send over your business plan to your potential investors to secure funding.
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How long should a business plan conclusion be.
A conclusion of your business plan can be anywhere between 2-3 paragraphs long. In this ideal length, you must outline the key takeaways of your plan, clarify the next step to the readers, and explain to them the benefit of supporting your business.
A CTA is the most important part of the conclusion, especially if you are trying to raise funds. However, if you are writing a plan for internal purposes, focus more on synthesizing the key essentials of a plan.
A conclusion does not introduce any new information. It simply reinforces the business’s position and convinces the readers to take the desired action for one last time. For instance, offer funding for your business.
It is very important to add a crisp clear CTA while concluding your plan. You can’t expect the readers to invest in your business or help you grow if you don’t clarify the steps to take action.
About the Author
Vinay Kevadiya
Vinay Kevadiya is the founder and CEO of Upmetrics, the #1 business planning software. His ultimate goal with Upmetrics is to revolutionize how entrepreneurs create, manage, and execute their business plans. He enjoys sharing his insights on business planning and other relevant topics through his articles and blog posts. Read more
Table of Contents
Why are conclusions written, how to write a conclusion for an assignment, useful strategies for conclusion writing, typical words to start a conclusion, a conclusion example for assignment, now, it’s time for this article’s conclusion….
A conclusion is a summary of the whole assignment. It should restate the thesis, summarize key ideas presented in the assignment, and leave the reader with a final idea about the topic in general to ponder further! It is the most logical way to end an assignment. Conclusion writing is not so difficult!
The purpose of a conclusion is to link the thesis statement (written in the introduction) with main ideas or points (made in the main body) and provide an overall message. A conclusion provides closure and is expected in most academic related writing, including assignments, research papers, and essays .
To write an assignment conclusion, follow the 7 simple steps below!
Your assignment can be completed in 3 hours!
Has your deadline come quicker than you expected? No worries! We have what you need – a 3-hours deadline option! All features available for any other order applied, including:
It’s important for the reader to sense the assignment is ending. Here are some useful words and phrases that can help you achieve this, and transition well into the concluding paragraph of your assignment:
When writing a conclusion for an assignment, it can be easier to see an example:
Overall, owning a pet is a huge commitment that can span many years of one’s life. A pet will require regular feeding and day-to-day care. Many pets need large amounts of human interaction, attention, and affection which can be time-consuming. Furthermore, a pet may incur great costs by means of food, medical care and pet sitting (whenever the owner wants to go on vacation without the pet). The decision of whether to welcome a pet into your home must be considered in great depth, and at length, to prevent another potentially unwanted animal ending its life in an animal shelter.
Ultimately, writing a concluding paragraph is simple when you refer to the introduction for the assignment , and the key points made in the main body. All the information you need is already there, but it just needs re-working to provide the reader with closure, and perhaps also get them thinking further about the points you have made!
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IMAGES
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COMMENTS
Lesson summary: Business cycles. In this lesson summary review and remind yourself of the key terms, concepts, and graphs related to the business cycle. Topics include the four phases of the business cycle and the relationship between key macroeconomic indicators at different phases of the business cycle.
1. Decide where you want it to be. Determine whether you want your business plan conclusion to be at the end of the executive summary or the end of the entire document. If you are creating a business plan to get investors or raise money, consider putting the conclusion at the end of the executive summary. The executive summary introduces the ...
The business cycle (or economic cycle) refers to the short‐term fluctuations of economic activity along its long term growth trend. Project the attached business cycle visual before discussing phases of the business cycle. There are four phases to the business cycle: • 1.
In conclusion, business cycles are a natural part of the economy and can have significant impacts on businesses and individuals. Understanding the factors that contribute to business cycles and being aware of their potential ... Bsad 101 - In this assignment I had to research on A&t company through the years and write. Intro to Business None. 1 ...
Business cycle, also referred to as economic cycle, is a term mainly used by economics scholars and business practitioners to demonstrate the fluctuating movements (increasing or decreasing) of levels of the gross domestic product (GDP) in an economy over a particular period of time that may vary from several months to a number of years (Ball, 2009).
A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term natural growth rate. It explains the expansion and contraction in economic activity that an economy experiences over time. A business cycle is completed when it goes through a single boom and a single contraction in sequence.
Review & Concisely Recap. The conclusion should be an even more concise version of your business plan executive summary. Pick the top 3-5 points from your executive summary that may best persuade an investor to provide you with the money your company needs to succeed. Depending on if you are starting a new business or requesting money to grow ...
A business cycle is the repetitive economic changes that take place in a country over a period. It is identified through the variations in the GDP along with other macroeconomics indexes. The four phases of the business cycle are expansion, peak, contraction, and trough. The risk and adverse effects of the phases can be mitigated through wisely ...
Now that you understand what a conclusion is and why it's so important to include it in your report, let's show you how you can write the perfect one and impress your readers. Follow these steps to create a great business report conclusion. Choose the Position. Include the Right Information. Summarize the Contents.
The business cycle relates to repetitive fluctuations of expansion and recession in an economy. Over the longer term an economy would normally experience a positive growth in output. Therefore, the business cycle can be defined as the 'short-term fluctuation of total output around its trend path' (Begg et al, 1997, 518).
Business Cycle: The business cycle is the fluctuation in economic activity that an economy experiences over a period of time. A business cycle is basically defined in terms of periods of expansion ...
A template example of a solid business plan conclusion follows: Opportunity: Explain the opportunity that your business is capitalizing on and why it is attractive. Key Strengths: Highlight the key strengths of your plan, such as your competitive advantage and any unique selling points. Vision: Summarize your vision for the business and its future.
Conclusion. A business cycle is the recurring rise and fall of a nation's economy over time, as measured by fundamental gross domestic product changes. The economic fluctuations that occur at ...
During a given business cycle, the economy's output performance can be traced using trend lines. The latter is used to relate one business cycle phase to another, such as one prosperity to another one depression phase to another depression phase. When economic growth is in the offing, trend lines that slope upwards are used.
Economics Grade 10 Term 1 Wk7 Lesson: Macroeconomics - Business cycles Economics Gr. 10 T1 W7 Lesson: Macroeconomics - Business cycles | WCED ePortal Google Tag Manager
The change in business activities due to fluctuations in economic activities over a period of time is known as a business cycle. Business cycle are also called trade cycle or economic cycle. Business Cycle can also help you make better financial decisions. The economic activities of a country include total output, income level, prices of ...
This is the assignment answers for Macroeconomics topic 2.7 about Business Cycles ap macro topic business cycles part letters on the graph to identify the. Skip to document. ... Identify at least three words or phrases from the press release to support your conclusion. According to this press release, what are two specific macroeconomic goals ...
The Business Cycle is what determines this factor. It is a term used in economics to designate changes in the economy. Timing of the business cycle is not predictable, but its phases seem to be. Many economists site four phases—prosperity, liquidation, depression, and recovery. During a period of prosperity, a rise.
Think from your reader's perspective. Determine the information that would excite them about your business and form your conclusion accordingly. 3. Include stats and visuals. Now that you've decided on the placement and information to be included in your conclusion, it's time to make your conclusion zesty.
The Business Cycle Assignment; Final Draft Essay - Here are some notes that you can use. Related documents. Creating Graphs Assignment; ... In conclusion, taking the time to discover different careers and the trustworthiness of the website, it can allow you to understand new careers and can help you find a new potential career. ...
To write an assignment conclusion, follow the 7 simple steps below! Start a conclusion paragraph by indenting the first line or leaving a blank line in between the last main body paragraph and the conclusion. Use a suitable starting word or phrase to indicate the assignment is drawing to a close, such as, 'In summary' or 'With all this in ...
The owner could advertise a sale and try to sell as many pairs of shoes as possible before the recession comes and prices fall even more. Then, when the recession hits a trough, the owner could use the money from this sale to expand the warehouse while costs are at their lowest point. The owner must be sure to plan for falling demand.