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In the job responsibility section, I usually structure this portion is a bullet pointed list.
Further, I also briefly introduce their experience in the industry.
By following the structure, the first paragraph is an excellent summation of the following section.
In this portion, I usually write the segment almost like a brief biography.
I will discuss the CEOs history in the industry and the reason why they feel that they are best suited to start and run in operation.
For example, limited liability and corporations are excellent for protecting shareholders in relations to liabilities.
However, tax wise, these firms often times are double tax.There are numerous reasons why the organizational structure is important for business plan.In this section, the business owner will lay out how the company will be structured.In doing this, a sound foundation for management competence will be established.A final reason the section is important is the job responsibility segment.One key note: Don't be tempted to add a "name" to your management team in hopes of attracting investors."Celebrity" management team members may attract the attention of your readers, but experienced lenders and investors will immediately ask what role that person will actually play in the running of the business--and in most cases those individuals won't play any meaningful role.Once this is complete, I then follow the same structure with the other management team members and minority stakeholders.When this is done, the reader should walk away with an excellent understanding as to the qualifications of the ownership team and how their skills will complement each other.A second benefit for detailed assessment of a company’s structure is to understand how each owner will contribute to the company.In other words, if there are more than one owner, what are the responsibilities and how are these responsibilities to be carried out.