Business Plan Contest: Transform your day dream into your dream job
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Management Plan

When writing the business plan, the Management Plan section describes your management team and staff and how your business ownership is structured.  The Management Plan can be broken down into the following sections:

Ownership Structure

This section describes the legal structure of your business determining if it is a sole proprietorship, partnership or corporation. For partnership and corporation businesses, you may want to explain who holds what percentage of ownership in the company.

Management Team

Under this section you want to describe the duties, responsibilities and relevant skills of management team.  Include information about entrepreneurial and industry experience.

Human Resources Needs

Outline your staffing requirements in this section including a description of specific skills that the people working for you will have to have. Identify if it be best for your business to have employees (full-time of part-time staff) or should you operate with contract workers or freelancers.  Then determine how many employees will your business need and what will it cost you.

Download Business Plan Format Checklist (PDF,167KB) 

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