How To Write A Business Plan: Part 6 "The Management Summary & Organizational Plan"

Back with Part 6 of "How To Write A Business Plan" as vlogged by business plan writer Nicholas Coriano:

See Video: How To Write A Business Plan: Part 6 "The Management Summary & Organizational Plan" ......


We are moving along with our basic outline of a standard business plan which has the following sections:
  1. Cover Page
  2. Executive Summary
  3. Company Description
  4. SWOT Analysis
  5. Market Research & Industry Analysis
  6. The Marketing Plan
  7. Management Summary & Organization Plan (our current section)
  8. Financial Projections
  9. Conclusion

The Management Summary & Organization Plan section of your business plan should be broken down into two parts.
  • The Management Summary: Here is where you list all the managers and executives of the company.  Make sure to include relevant work experience and summarized resumes for each manager/executive of the company. If there is only one person this section should be short.  Some entrepreneurs include "Gaps In Management" sections which showcase where the business could use other managers or executives and forecast which individuals the company is targeting to recruit.
  • The Organizational Plan: This shows the hierarchy or systematic layout of the human resources of the company.  The following is an example of an organizational chart for a company:

The question always arises from my clients whom ask "What if I am alone or do not have a team yet, do I still have an organizational chart in my business plan?".  The answer is yes, it is simply a pro-forma organizational chart.  This means that the chart describes your management layout after you get funded or the business comes into being.  To illustrate, the above graph could be inserted into a business plan and all the managers and supervisors would be planned to be hired after the business starts or sometime thereafter. 

Hope this was helpful,

The PushYourRank Team
Posted By: Nicholas Coriano

About The Author: Nicholas Coriano is a Business Plan Writer & Entrepreneur, Web Developer, Social Media Marketer, SEO Consultant and the founder of this blog, www.NewYorkWebsiteDesignCenter.com, and many other online businesses.  While developing websites for his own businesses and marketing his entrepreneurial ventures online, he began blogging useful tips and "how-to" articles on PushYourRank.com for reference purposes.  To retain Nicholas for help with your business plan, website launch or product launch, email PushYourRank@Gmail.com