Assume that you have decided to become a part-time entrepreneur. To begin your new entrepreneurial endeavor, you will need to develop a summary for a business plan.

Summary: Summarize your business concept, particularly the business model, so investors can see how the company will generate revenue and produce a profit. The summary must be compelling, catching the investor's attention and giving him or her reasons to keep reading. Describe your product or service and its market potential. Highlight some things about your company and its leaders that will distinguish your firm from the competition. Summarize your financial projections and indicate how much money would be needed from investors or lenders and where it will be spent.