Your business plan needs to supply information on the people who own and run the business. Studies show that the most common cause for small business failure is weak management. So it is important to give a clear picture of your capabilities and those of your staff.
Provide the resumes of top personnel here or at the end of the plan. Describe special skills of your employees, outline the organization, explain basic operations, discuss the salaries you expect to pay, and mention additional individuals such as accountants and consultants who will assist you.
To determine what you should expect to pay the different types of employees you will be hiring, refer to the information on "Wages and Prices" in Market Demographics. If you need additional guidance in this area, check out a book on management skills and business organization. Include your own resume. If you do not have a personal resume, refer to one of the many titles on resume writing.
Sample Business Plan Template
Organizing a Business Plan
Description of the Business - Where to Find the Data
The Industry
The Customers
The Competition
The Location
Selling and Advertising Strategies
Web Sites
Company Personnel and Managment
Financial Data
Accounting Records
Financial Ratios
Supporting Documents
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