PlanWare - Home: business, plan, software, free, financial, model, budget, forecast, plan, planner, planning, projection, template, statement, analysis, business plan, business plan software, business planning, business planner, financial projections, financial planning, cash flow, cashflow, strategy, strategic
Software & free templates for business plans, financial projections, cashflow forecasting plus free business plan tools, models, samples, guides & planning papers
  Financial  
 Projection 
  Software  
 Cashflow 
  Forecasting  
  Software  
  Business  
      Plan      
  Software  
  Marketing 
       Plan       
  Software  
  Strategic  
    Planning    
  Software  
  Business  
      Plan      
     Guide     
   Business   
   Planning   
   Freeware   
    Online     
  Planning   
      Tools      
   Business   
   Planning   
    Papers    
     Other     
     Items     
                     

Bookmark and Share
 

Business Plan Guide:
10. Management & Administration

Previous
Next

Note: Free-Plan, a comprehensive 150-page Business Plan Guide and Template based on this business plan guide, can be downloaded for free here.

Use this section to introduce the management team and structure and to describe administrative (overhead) arrangement.

Suggested Length & Structure:

Allow 2-3 pages for this section. Keep under one page for a basic/short plan.

The subsections below are for general guidance only. They could result in some undesirable duplication or overlap. Accordingly, you may prefer to:

  • Amalgamate some of them.
  • Use less obtrusive sub-headings like Management Structure:
  • Delete all sub-headings and cover all relevant matters in a series of short paragraphs.

10.1. Management Structure

Use a simple organization chart to illustrate the structure (if available, utilize the Microsoft Organization Charting utility with Word – select Insert | Object…. | Create New | MS Organization Chart).

 
 
Useful Links
More Info
Write business plan
Get planning insights
See planning surveys
Get free planner
Seek planning advice
Develop strategic plan
Checklist for business plan
Business plan guide
See Also
Get business ideas
Devise business strategies
Prepare financial projections
Write strategic plan
Plan to plan
Buy planning book
Software Tools
Financial Planner
Cashflow Forecaster
Business Planner
Expert Business Planner
Strategy Planner
Idea Assessor
Marketing Planners
Free Planners
Buy Software
Financial Projections
Cashflow Forecasts
Business Plans
Marketing Plans
Strategic Plans

Bookmark and Share

 

Indicate any gaps in the management team and explain measures to recruit. If necessary, present job specs in an Appendix.

If the management structure is likely to change significantly within the plan's life, present separate early- and late-stage organization charts along with a simple table depicting the growth in management head count.

10.2. Key Management Profiles

Introduce the management team and their roles. Include short profiles but relegate details to an appendix.

Also, introduce the board of directors (and any sub-committees) and profile non-executive directors (existing/proposed). Place significant details in an appendix. Outline the board's role in the management of the business.

Summarize management remuneration and key clauses in employment contracts.

10.3. Administration & Systems

Describe administrative arrangements and indicate locations and facilities.

Explain key operational, accounting and related management systems. Specify communications and IT systems. Describe development plans and costs.

10.4. Head Count Projections

The following table could be used to present head count projections for administration and management function along with brief explanations of major items or changes:

Years to end xxMonth:

20XX

20XX

20XX

20XX

Head count - Reception

 

 

 

 

Head count - Clerical

 

 

 

 

Head count - Accounts

 

 

 

 

Head count - IT

 

 

 

 

Head count - Security

 

 

 

 

Head count - Middle management

 

 

 

 

Head count - Senior management

 

 

 

 

Total head count

 

 

 

 

The next table could be used to determine management and administration payroll costs:

 

Years to end xxMonth:

Payroll Cost
($000/person)

20XX
($000)

20XX
($000)

20XX
($000)

20XX
($000)

Reception

 

 

 

 

 

Clerical

 

 

 

 

 

Accounts

 

 

 

 

 

IT

 

 

 

 

 

Security

 

 

 

 

 

Middle management

 

 

 

 

 

Senior management

 

 

 

 

 

Total payroll cost

 

 

 

 

 

Here is an example of shorter term projections copied and pasted directly from Exl-Plan's built-in Textual Summary Report (more information) as a “picture”.

Head count projections
This table was "pasted in" as picture from Exl-Plan, PlanWare's Excel-based financial planner.

The foregoing tables are for illustrative purposes. In practice, they may be more appropriately located in an appendix.

10.5. Overhead Expense Projections

Indicate main components of overhead costs and present high-level projections as shown in the following table:

Years to end xxMonth:

20XX
($000)

20XX
($000)

20XX
($000)

20XX
($000)

Total payroll cost

 

 

 

 

Overhead cost #1

 

 

 

 

Overhead cost #2

 

 

 

 

................

 

 

 

 

Total overhead cost

 

 

 

 

Include brief explanations of major items or changes.

Here is an example of shorter term projections copied and pasted directly from Exl-Plan's built-in Textual Summary Report (more information) as “pictures”.


This table was "pasted in" as picture from Exl-Plan, PlanWare's Excel-based financial planner.

Charts can be much easier to follow than tables.


This chart was "pasted in" as picture from Exl-Plan, PlanWare's Excel-based financial planner.

Additional Help

The Exl-Plan range of Excel-based financial planners can be used to generate detailed projections for costs, expenses, headcounts etc. as part of the process of developing fully-integrated financial projections (income statements, cash flows, balance sheets etc.) for up to seven years ahead. The table and chart above were generated using Exl-Plan and pasted directly from its Textual Summary Report.


Get Help with Financial
Projections
financial projections Exl-Plan - Integrated Multi- Year Financial Planner
Requires: Excel 5, 7, 8, 95, 97, 2000, XP, 2003, 2007, 2010, 2013, 2016 with Windows 95/98/ Me/NT/ 2000/XP/Vista/Win7,8,10.
Prices: Free to US$ 289.
Details  Trial Downloads
Buy + Use Now

Top - Business Plan WareTop of Page Previous | Next

 
 
  Financial  
 Projection 
  Software  
 Cashflow 
  Forecasting  
  Software  
  Business  
      Plan      
  Software  
  Marketing 
       Plan       
  Software  
  Strategic  
    Planning    
  Software  
  Business  
      Plan      
     Guide     
   Business   
   Planning   
   Freeware   
    Online     
  Planning   
      Tools      
   Business   
   Planning   
    Papers    
     Other     
     Items     
                     
PlanWare, Invest-Tech Limited, Ardmeen Park, Blackrock, Co. Dublin, Ireland
International Tel:
+353-1-283 4083
International Fax:
+353-1-288 7805
Email:
info@planware.org
WWW:
http://www.planware.org
Subscribe:
RSS  RSS-Planware's Bog
Follow:
Twitter Twitter
PlanWare, Cashflow Plan, Exl-Plan, Quik-Plan, Free-Plan, Biz-Plan, Easi-Plan, Cash-Plan, Pers-Plan, Your-Plan and Bank-Plan are trademarks or registered trademarks property of Invest-Tech Limited. Microsoft and the Office logo are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries. Plan Write, Quick Insight and Business Insight are trademarks or registered trademarks property of BRS Inc. © Copyright 1999-2016. Invest-Tech Limited. All rights reserved.