Business Plan Guide: 10. Management & Administration

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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.

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).

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:

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

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”.

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:

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

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