Business Management Plan Plattsburgh NY

Do you know the management team section? Do you know it works?This article will tell you all.

Doherty & Company Inc
(802) 864-1684
545 S Prospect St Unit 22
Burlington, VT
 
Nelson Nygaard Consulting Associates
(802) 658-3247
47 Maple St Ste 103
Burlington, VT
 
Burns J P Consulting
(802) 863-0077
140 N Union St
Burlington, VT
 
PBN Consulting, LLC
(718) 703-1425
271 Parkside Ave
Brooklyn, NY
 
Caribbean Consol
(718) 384-6256
163 Montrose Ave
Brooklyn, NY

Data Provided by:
Bruegger's Enterprises Inc
(802) 660-4020
159 Bank St Ste 400
Burlington, VT
 
Delaney Meeting & Event Planning
(802) 655-7769
1 Mill St Ste 301
Burlington, VT
 
JMM & Associates
(802) 658-0043
309 College St
Burlington, VT
 
Council of Industry
(845) 565-1355
6 Albany Post Road
Newburgh, NY
 
Murak & Associates, LLC
(716) 631-0253
300 International Dr.
Williamsville, NY
 
Data Provided by:

Business Management Plan

The Management Team section should include biographies of key team members and detail their responsibilities. It is important that these biographies are not merely resumes that include the educational backgrounds and previous job titles and responsibilities of the team members. Rather, biographies should highlight the most relevant past positions that the individuals have held and specific successes in each. These successes could include launching and growing new businesses or managing divisions of established companies.

Team member biographies should be tailored to the company's growth stage. For instance, a start-up company should emphasize its management's success launching and growing companies. A more mature company should emphasize how team members have successfully operated within the framework of larger enterprises.

Depending upon the stage of the company, key functional areas may be missing from the team. This is acceptable provided that the plan clearly defines the roles that these individuals will play and identifies the key characteristics of the individuals that will be hired. However, it is generally not favorable if personnel are missing for ultra-critical roles. For example, a plan that is fundamentally a marketing play should not seek financing without a stellar marketing team.

The Management Team section should also include biographies of the company's Advisory Board and/or Board of Directors. While having well-known advisors/board members adds credibility to the business plan, it is highly effective to explain how these advisors will directly impact the company through strategic advice and/or providing conduits to key clients, partners, suppliers, etc.

In summary, the Management Team section of the business plan is an opportunity to prove to investors that your company has the necessary talent to succeed. Rather than waste this opportunity by merely showing employee resumes, which could be included in the Appendix, the section should be used to explain precisely how the team is uniquely qualified to execute the venture in its present state.

About the Author:

As President of Growthink, Dave Lavinsky has helped the company become one of the premier business plan development firms. Since its inception, Growthink has developed over 200 business plans. Growthink clients have collectively raised over $750 million in financing, launched numerous new product and service lines and gained competitive advantage and market share. For more information please visit http://www.growthink.com.

Article Source: thePhantomWriters Article Submission Service