Successful Business Plans

Lesson 4: Who Is In Charge?

Management Team

In this section, you want to list the officers and key employees by name, position, age and stock ownership. Also specify how many shares of common stock have been authorized by your Secretary of State, how many outstanding and how many issued, as well as the vesting schedule for officers, employees and Employee Incentive Stock Options, if applicable.

What outside support have you allied with? These may include an accountant or CPA, an attorney, and any other key position that is being filled by someone not directly an employee of your company. In the Appendix of your business plan, you will include resumes of all these individuals, as well as an organizational chart describing needed business functions and relationships.

As you outline the position and its responsibilities, mention the person filling it, and his/her qualifications. So you are giving an "introduction" to this person's full resume found in the Appendix.

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