Subsection of: Creating an Effective Business Plan

Adapted from content excerpted from the American Express® OPEN Small Business Network

Your management team is outlined in the management section. This section provides details of other labor you will need to start up and run your business. Address how many people you require and what skills they need to possess. Be sure to cover the following issues:

  • Is there sufficient local labor? If not, how will you recruit.
  • Is labor trained? If not, how will you train them.
  • Cost of labor, current and future.
  • Plans for ongoing training.

See sample labor description.

Copyright © 1995-2016, American Express Company. All Rights Reserved.

Insights & Success Stories

Related Industry Trends & Real Results