A Good Executive Summary for a New Venture Business Plan

question 14

Multiple Choice

A good executive summary for a new venture business plan should contain which of the following?

• A) Information showing a solid growth market
• B) Information confirming a well-defined customer who needs what you sell
• C) Information on the team suited to execute the plan
• D) All of the above

---

Definitions:

Levered Firm

A company that utilizes debt financing as a significant portion of its capital structure.

Indirect Bankruptcy Costs

Expenses related to bankruptcy that are not direct costs such as legal and administrative fees, including damage to corporate reputation and loss of business opportunities.

Corporate Default

A failure of a company to fulfill its financial obligations, such as missing a debt payment.