4.3.4 Describe the Organization and Management

In the section of your business plan devoted to management and organization, readers should learn who is in charge of your company. Give specifics about the legal structure of your business. Select the type of incorporation your business will take: corporation, limited partnership, or sole proprietorship.

If your company has a management team, use an organizational chart to show the relationships, duties, and responsibilities of each member of the team as well as your internal organizational structure. Share the exact ways that each person will contribute to the success of your company.