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If the business will use outside consultants, freelancers, or independent contractors, mention it here as well.And talk about positions you’d want to add in the future if you’re successful enough to expand.One way to explain your organizational structure in the business plan is graphically.
For larger companies, an organizational plan with well-thought-out procedures is even more important.
This is the best way to make sure you’re not wasting time duplicating efforts or dealing with internal confusion about responsibilities.
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.
Lenders and investors will be keenly interested in their previous successes, particularly in how they relate to this current venture.
Include each person’s name and position, along with a short description of what the individual’s main duties will be.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.Think of this section as a resume-in-a-nutshell, recapping the highlights and achievements of the people you’ve chosen to surround yourself with.Actual detailed resumes for you and your management team should go in the plan’s appendix, and you can cross reference them here.Having a solid plan for how your business will run is a key component of its smooth and successful operation.Of course, you need to surround yourself with good people, but you have to set things up to enable them to work well with each other and on their own.Detail his or her education, and any unique skills or experience, especially if they’re relevant to the job at hand.Mention previous employment and any industry awards or recognition related to it, along with involvement with charities or other non-profit organizations.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.