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Business Plan Tutorial: Step 8 Org. Chart

The Organization Plan

Organizational structures-

  1. What type of a company will be needed, (e.g., Sole Proprietorship, General Partnership, Limited Partnership, Limited Liability Partnership (LLP), Corporation, & Limited Liability Company (LLC))?
  2. What does management look like? How will management be structured? How will conflicts be resolved?
  3. Will you have any consultants for the business? Who and Why?
  4. Who are the key personnel? What skills do they have to help the company?   

What questions you should answer within your business plan:

  1. How will this Company structure benefit the company and owners?
  2. What special skills or experience does the key management have for this industry?
  3. What other resources will you be bringing into the company (i.e. consultants, employees)?

The Organization Plan - Print

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