Management Section Of Business Plan

If the business will use outside consultants, freelancers, or independent contractors, mention it here as well.

If the business will use outside consultants, freelancers, or independent contractors, mention it here as well.

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A smooth-running operation runs far more efficiently and cost-effectively than one flying by the seat of its pants, and this section of your business plan will be another indication that you know what you’re doing.

A large company is also likely to need additional operational categories such as human resources and possibly research and development.

Smitzhe was National Manager with NCS Health Care, Inc., a world class provider of integrated healthcare solutions, providing real-time communications between long-term care institutions, including skilled nursing facilities and assisted living facilities.

He developed and maintained PC-based programs for the long-term care industry, medical services and testing, home heating fuel oil, water treatment, ambulance services, shipping and postal service, law firms, plumbing and heating supply companies, and real estate tracking systems. Smitzhe created the medical records and MDS 2.0 modules for OBRA e-z, and will lead the conversion of OBRA e-z to the Windows environment and integration of the Enterprise Software Solution package.

You want your readers to feel like your top staff complements you and supplements your own particular skill set.

You also want readers to understand why these people are so qualified to help make your business a success.

Whether you’re in a partnership or are a sole owner, this is where to mention it.

List the names of the owners of the business, what percent of the company each of them owns, the form of ownership (common or preferred stock, general or limited partner), and what kind of involvement they’ll have with day-to-day operations; for example, if they’re an active or silent partner.

If you’re applying for funding to start a business or expand one, you may not even have employees to fit all the roles in the organization.

However, you can still list them in your plan for how the company will ideally operate once you have the ability to do so.