Description:
The management plan information should show that the business has the necessary human resources to be successful. It answers questions about the key management personnel and their background.What to Include:
When writing the management plan, be sure to include the following:
- The organizational structure of the business
- Number of employees
- Who will supervise the staff?
- Your role in the operations
- Future staffing needs
- Job descriptions for each role
- Total personnel costs
- What benefits will be offered to employees
Summary:
Vacations, payroll, consultants and all staffing issues are covered in the management plan. Depending on the size of the business, this part of the business plan may only be a few paragraphs or it could be one to two pages. Don’t forget to include in the management plan all employment policies and procedures.
