Business Management Plan Flagstaff AZ

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

Lextra Limited
(480) 380-0373
9153 E Gary Ln
Mesa, AZ

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National Mobile Development
(480) 830-0338
3031 E University Dr
Mesa, AZ

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Pre-Paid Legal Services Inc
(623) 910-3635
Po Box 36865
Phoenix, AZ
 
M H Bennett Estimating
(480) 892-9322
602 E Pinto Ct
Gilbert, AZ

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Mentored Success
(602) 750-0135
Po Box 955
Peoria, AZ
 
Cazabba Inc
(602) 200-0067
215 E Lexington Ave
Phoenix, AZ

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Automatik Education
(480) 775-6216
1437 W Auto Dr
Tempe, AZ

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Western Motivation LLC
(623) 398-7765
15109 W. Heritage Dr
Sun City West, AZ
 
Fields Consulting Group Inc.
(602) 944-3901
927 W. Hatcher #104
Phoenix, AZ
 
Foresight Logistics Svc
(602) 274-3732
4022 W Turney Ave
Phoenix, AZ

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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.

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