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Now that we understand the structure of your business, we need to meet the people who’ll be running it. This section is important even for a single practitioner or sole proprietorship, as it will introduce you and your qualifications to the readers of your plan.
If you’re applying for funding to start a business or expand one, you may not even have employees to fit all the roles in the organization.
However, you can still list them in your plan for how the company will ideally operate once you have the ability to do so.
It’s important to define the positions in the company, which job is responsible for what, and to whom everyone will report.
Over time, the structure may grow and change and you can certainly keep tweaking it as you go along, but you need to have an initial plan.
Here is where you can also talk about the other levels of employees in your company.
Your lower-level staff will carry out the day-to-day work, so it’s important to recognize the types of people you’ll need, how many, what their qualifications should be, where you’ll find them, and what they’ll cost.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.A smooth-running operation runs far more efficiently and cost-effectively than one flying by the seat of its pants, and this section of your business plan will be another indication that you know what you’re doing.A large company is also likely to need additional operational categories such as human resources and possibly research and development. 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.Here’s where you’ll list the names and profiles of your management team, along with what their responsibilities are.Especially if you’re looking for funding, make sure to highlight the proven track record of these key employees.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.