need help with an executive summary for the following topics:

Best Practices for the Creation of a Business Plan

Best practices for constructing a business plan and company goals include establishing measurable objectives, establishing a timeline for the completion of each action, and conducting frequent progress reviews (Wiles, n.d. ). In addition, the plan must be reviewed frequently for any market or organizational changes that could necessitate modifications. In addition, any new financial projections or other information that may affect the strategy should be incorporated into the plan on an ongoing basis.

A business plan must align with the company's goals to be effective. The strategic planning process must take their principles and goals into account. In addition, a diverse group of stakeholders should be involved in the planning process to ensure that it aligns with the company's goals (LeadingAge, n.d.). Effective strategic planning adheres to five exemplary procedures. Companies should first consider collaborating with a consulting firm.

Additionally, organizational leaders must comprehend the significance of moving forward gradually (LeadingAge, n.d.) As they gain knowledge from past successes and failures, they will construct the strategic plan piece by piece. Third, the CEO should ensure that the business's strategic plan aligns with the available technology and IT strategic plan (LeadingAge, n.d.). Even the best-laid plans are only helpful with the proper tools. Additionally, leaders must be aware of any external changes that could affect the plan (LeadingAge, n.d.).

Finally, the company's executive team should review the strategic plan frequently and make any necessary adjustments (LeadingAge, n.d.) Additional suggestions should be considered better to align the company's objectives with the strategic strategy. During the process, chief executives, board members, managers overseeing the final strategy, and other key stakeholders must collaborate. The planning group should develop a flexible and long-lasting strategy to increase participation. To evaluate the achievement of organizational objectives, business strategies should be objective (LeadingAge, n.d.).

Business Model Illustration

To ensure the strategy's comprehensiveness and scope, it is essential to incorporate a business planning model. The model should be tailored to the company's specific needs, and it should include elements such as the organization's goals and objectives, the timeframe for completing each planned task, the budget for each activity, and the anticipated results for each task (LeadingAge, n.d.). In addition to a description of the model, the plan should include an illustration of the model to help visualize its numerous components and interconnections.

Too many businesses fail because their founder(s) should have started the business for the correct reasons. All too often, the motivation is the desire to become wealthy or to leave a job that one dislikes. Sadly, emotional motivations frequently lead to the demise of a young company. A pyramid can be used to outline a company's strategy as seen in Figure 1. Focus on your company's raison d'tre, its raison d'tre. According to Richard Branson, a sense of frustration is the key to business success. Because he disliked how a handful of expensive London record stores dominated the market, he launched his first business. The objective of his company was to simplify and reduce the cost of purchasing music in order to alleviate this annoyance (Smartdraw, n.d.).

Figure 1

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