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An executive summary is the initial section of a business plan, typically limited to one or two pages. It should be written after completing the entire business plan to facilitate summarization. An executive summary is essential if you’re seeking a business loan or external investment, as bankers and investors require a clear overview of your business. It should capture the reader's attention and encourage further reading. If the business plan is for internal purposes, an executive summary may not be necessary, though it can be beneficial for refining your elevator pitch. Key elements to include will be discussed further in the tutorial.