The Video Transcription:

There should be a biography of senior management included in this chapter. It should be a short biography of each of the senior management.

Do not have all the senior management at C levels – Chief Executive Officer, Chief Financial Officer, Chief Operating Officer. It’s important to allow people to grow into titles rather than allocate them all out on the first day.

Provide an organisation chart in this chapter. Identify any gaps in management either now or likely in the future in this part of the business plan.

Include a schedule of employees now or required and these can be referred back to more detailed appendices detailing out same.

The experience of the managing team is crucial to the success of the business. Most would rather invest in a mediocre idea with a first class team rather than a blockbuster idea with a mediocre team. And keep that in mind in relation to the business and a relation to the business plan.

Download the “Business Plans/Seminar” PowerPoint Presentation below.

David Murray

David Murray

David is a fully and Highly Qualified Financial Accountant with an unblemished record for almost 30 years.

David has an extensive Academic Record including, inter alia – Gold Medal College of Commerce – First Place Chartered Accountancy (ROI) – Fastest Graduate to Qualify.

David has written many articles on International Trade Finance in Magazines and Sunday Business Newspapers. In addition, has been Late Late TV Show Tested on cases referred by them.

David has extensive Business Experience particularly in Property, Construction, Manufacturing, Equipment, Telecom, Service Companies, SME Sectors in Ireland, UK, Dubai, Poland, etc., Agent in Ireland Bank of Iran, Plc Bank Seminars “Finance for Builders”, etc., etc.

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