MANAGEMENT STRUCTURE AND ORGANIZATION

The Management Structure and Organization section includes the form of ownership, organization, personnel, organizational chart, and outside services and advisors. This section of the business plan is where you will explain what kind of legal ownership your business will have. You will list management and personnel. This management structure section will include your organizational chart. Included will be a list of any outside services and advisors you will have. You will need a CPA/financial advisor, insurance broker, possibly an attorney and maybe an advertising consultant.

Legal Form and Ownership

What type of business will you have--sole proprietorship, partnership, corporation, LLC and why?

Management and Personnel

How many people will you have working with you?

Organizational Chart

Make an orgainzational chart of you and your employees.

Outside Services/Advisors

Who will be your advisors? You should probably consult an attorney and/or an accountant.

Risk Management

Product and General Liability

Insurance will be necessary to cover the business and the small amount of inventory in the gift corner. You will probably need a general business policy to cover fire, water, wind, and business interruption. Who will you use and what is the premium? More than likely you will need a sales tax bond. Who will provide it and what is the premium?

Section 2 Background Information The background information should include your Mission Statement, your business goals and objectives, and a general description of your business.

Section 3 Description of Products The description of products and services will include the features, benefits, and future of your proposed products and services.

Section 5 Marketing Plan The marketing plan includes market strategies, target markets, current and future trends, and marketing tactics.

Section 6 Financial Plan The financial plan section includes startup costs, cash flow projections, Sales and expenses estimates, and financial needs.

Section 7 Conclusion The conclusion will include a feasibility statement and and action plan

Tea Business Plan A business plan is critical when opening a tea room and will help you to begin maximizing your profits. Keeping expenses down, especially startup costs, will give you extra cash later.

Tea Business Guide Return to home page.