In a business plan, the discussion of the management team should detail:
A)the proposed venture's organisational structure.
B)profiles of employee needs during the first three years of operation.
C)the projected growth of the proposed venture.
D)the intended distribution of ownership in the business.

Question

Quizplus · Accepted Answer

The management team section should detail the proposed venture's organizational structure, including the roles and responsibilities of each member of the team. This information is crucial for investors and lenders to evaluate the validity of the proposed venture and determine whether the team has the necessary skills and experience to lead the business to success. Including profiles of employee needs and projected growth and intended distribution of ownership may be important in other sections of the business plan but are not specific to the management team discussion.

In a Business Plan, the Discussion of the Management Team