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- * MNGEMNT.TXT
-
- MANAGEMENT
-
- * "Generally, management of many is the same as management of few.
- It is a matter of organization." -- Sun Tzu - "The Art of War."
-
- * Prepare an organizational chart describing needed business
- functions and relationships.
-
- HOW WE STARTED
-
- (Company) was founded in 19XX by XXX (founders) who XXX (describe
- background, purpose, and chain of events)
-
- The legal form of (Company) is Sole Proprietorship / General or Limited
- Partnership / Corporation / Subchapter S Corporation.
-
- * Explain choice of form.
-
- MANAGEMENT TEAM
-
- Of the XXX people who make up the development staff, there are XXX
- founders who hold the following positions:
-
- XXX, President
- XXX, Vice President of Finance
- XXX, Vice President of Marketing
- XXX, Vice President of Sales
- XXX, Vice President of Engineering
- XXX, Vice President of Research
- XXX, Vice President of Operations
- XXX, Director of Marketing
- XXX, Manager XXX Development
- XXX, Corporate Attorney
-
- Each founder has been provided with XXX% of the original stock issue.
-
- The founders and key managers of (Company) have combined experiences
- exceeding XXX years in the XXX industry.
-
- The strength of the (Company) management team stems from the combined
- expertise in both management and technical areas. This has produced
- outstanding results over the past XXX years.
-
- * (Indicating a complementary cross section of areas of expertise is
- crucial to getting a favorable response from your potential
- investors.)
-
- The leadership and alignment characteristics of (Company)'s management
- team have resulted in broad and flexible goal setting -- to meet the
- ever changing demands of the quickly moving marketplace requiring our
- products. This is evident when the team responds to situations
- requiring new and innovative capabilities.
-
- RESPONSIBILITIES
-
- * These are the actual job descriptions for these people in these
- positions.
- * Go to the library and see the Department of Labor's "Dictionary of
- Occupational Titles"
-
- XXX, Vice President - Marketing
- Manage market planning, advertising, public relations, sales pro
- motion, merchandising and facilitating staff services.
- Identifying new markets and corporate scope and market research.
- Identify foreign markets.
-
- XXX, Vice President of Sales
- Manage field sales organization, territories and quotas.
- Manage sales office activities including customer/product support/
- service.
-
- XXX, Vice President - Finance
- Management of working capital including receivables, inventory
- cash and marketable securities.
- Financial forecasting, including capital budget, cash budget,
- proforma financial statements, external financing requirements,
- financial condition requirements.
-
- XXX, Vice President - Engineering
- Oversee product development including quality control, physical
- distribution, product and packaging design, new product development
- improvement, and improvements on existing products.
- Research and development.
-
- XXX, Vice President - Operations
- Service, manufacturing, raw materials management and allocation.
-
- OUTSIDE SUPPORT
-
- An outside Board of Directors, including highly qualified business and
- industry professionals / experts, will assist our management team to
- make appropriate decisions and take the most effective action; however,
- they will not be responsible for management decisions.
-
- BOARD OF DIRECTORS
-
- XXX, (Title/Function + contribution they will make)
-
- * Use this page to highlight the backgrounds of your management team
- * Put each person's actual resume in the Appendix.
-
- MANAGEMENT TEAM
-
- XXX, President
- XXX Degree, University of XXX
-
- XXX's professional experience includes many different areas in the XXX
- industry.
-
- He/she has been involved in the XXX, and XXX's design experience covers
- many diverse areas.
-
- XXX required XXX's knowledge of XXX (example: electronics and mechanical
- design) to develop XXX (eg: satellite tape recorders) that were used to
- XXX (eg: gather information from outer space). At XXX (ABC Corp.), as a
- XXX (design engineer), XXX was involved in the development of XXX
- (something spectacular) -- for the first time.
-
- After learning the basic techniques of XXX (example: COBOL Programming),
- XXX worked with XXX (eg: automated accounting systems).
-
- While working for XXX, XXX was involved with XXX
-
- There he/she developed XXX
-
- XXX enjoyed considerable success as XXX, however, he/she became
- interested in XXX (something else!). With ideas in mind, XXX conducted
- a feasibility study to determine the viability of a product capable of
- XXX. When he found that such a XXX was worthwhile and could be
- developed, XXX formed (Company).
-
- * Provide a brief description of each person's background --
- relating to their functions in the new organization.
-
- PEOPLE/TALENT WE REQUIRE
-
- * Discuss additional staffing requirements based on needed talents
- /services.
-
- (Company) development team recognizes that additional staff is required
- to properly support marketing, sales, research, and support functions.
-
- Currently, (Company) is composed of XXX people; XXX will be required to
- meet the demands of the projected market over the next five years.
-
- Management
- Marketing
- Sales
- Engineering
- Customer Relations
- Administration
- Manufacturing
- Assembly
- Skilled Labor
- Repair
- Field Service Technicians
- Maintenance
-
- GOVERNMENT REGULATIONS
-
- Because (Company) is operating in the XXX industry we are under the
- regulation of the XXX (government agency)
-
- * List licenses and permits required
- * How will this agency regulate your business?
- * How will you handle them?