Business plan executive summary components of culture

Save the analysis, charts, numbers, and glowing reviews for the report itself. The executive summary is also an important way for you, as the entrepreneur, to determine which aspects of your company have the clearest selling points, and which aspects may require a bit more explanation. Investors, lenders, executives, managers, and CEOs are busy.

Business plan executive summary components of culture

Clients with strong references receive an application; careful track is kept of who receives them. If, upon review of the application by the Credit Committee, the customer is deemed to be an acceptable credit risk, preliminary approval is granted.

A site visit is made to interview the customer, verify application details, and review collateral. Clients provide all necessary paperwork—including signatures and guarantees. The complexity of this process depends on loan size. Larger loans, including taxi loans, can take months because of the due diligence involved.

It includes a police record review. The process is uniform and straightforward to ensure all customers receive the same treatment.

Operations Prisma's operations and management has five years of successful, profitable lending experience in the Nicaraguan market. The company has developed successful activities for ensuring it is providing excellent service and developing strong relationships with solid customers, ensuring that the loans will be repaid.

Prisma conducts business in a highly professional and open manner. The company's philosophy is centered on knowing customers, working with them to be successful, making sure they understand how their loans work, and rewarding good behavior.

Customers are classified from A-D based factors including: The taxi co-ops are classified according to the same criteria by each co-op as a group. There are rewards and tangible benefits for "A" customers, knowledge of which is spread among customers through word of mouth.

Balanced and Cost-effective Loan Portfolio: The existing relationship with Taxi Cooperatives provides an inroad for nationwide market penetration.

Microfinance industry data indicates loan officers can manage loans at one time. Therefore, because the breakeven point for an additional lender is low, Prisma can financially afford to have a balanced portfolio with an equal number of micro and small loans.

Although smaller loans are less lucrative, they are financially viable for the business and promote the social mission of ensuring there is access to credit for all.

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In addition, they provide the benefits of being repaid faster, requiring less due diligence, and producing a high number of referrals.

Hand-held Technology and Centralized Due Diligence: In order to minimize infrastructure costs, back-office support for loan officers will be centralized. Loan officers will utilize advanced technology to conduct their business. Hand-held devices will be used in the field to mechanize the application and monitoring process.

The loan portfolio data is stored electronically to minimize onerous paperwork. This equipment investment pays for itself in the reduced paperwork, time savings especially in approving applications and transferring data. Electronic loan processing and bi-weekly visits to the main office will allow the due-diligence of loan guarantees to be performed with adequate legal review, in a timely manner.

In addition to this technology, Prisma will also take advantage of technology being designed by groups like Hewlett Packard's World e-Inclusion team that is developing networked tools with the express purpose of making microlending more efficient. To minimize expansion costs and accelerate the amount of lending possible, Prisma plans to partner with a bank with national presence.

By utilizing their existing infrastructure and brokering the deals, remote offices avoid the complications of handling cash. Prisma has a developed a relationship with Banco de Finanza, a national leader in web-based delivery of banking services.

A generous Employee Stock Option Plan creates a vested management team. Vested managers are important to providing motivation for the growth strategy. With these economic incentives for employees, Prisma has a competitive advantage compared to other microfinance lenders, including: Prisma will specialize in taxi financing as a spearhead to establishing operations nationwide in Nicaragua and in other countries in Central America.

Using Prisma's specialization in taxi finance in this way drives penetration of the micro-credit market while still maintaining healthy profit margins. In fiscal yearPrisma will relocate its Managua office to prepare for national and international expansion.Jul 24,  · Your executive summary can make or break your chances of getting funding.

Here's how to write an executive summary that sets your business plan apart/5(). The SDLC process provides Information Technology (IT) project managers with the tools to help ensure successful implementation of systems or applications that satisfy strategic and business objectives.

1. Executive summary. The United Kingdom has a bright future. The fundamental strengths of the UK economy will support growth in the long term as the UK forges a new relationship with the European. Executive Summary. City Taxi is a San Francisco, CA based company, whose mission is to provide reliable, timely, and safe cab services by using complete, in-car credit and debit card access, along with computer-aided dispatch.

SSA IT Modernization Plan.


IT Modernization Plan: A Business and IT Journey. Social Security Administration.

business plan executive summary components of culture

October, Enterprise Risk Management Integrating with Strategy and Performance Executive Summary Committee of Sponsoring Organizations of the Treadway Commission.

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