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Admin: Created page with " Management [] "Generally, management of many is the same as management of few. It is a matter of organization." -- Sun Tzu - The Art of War. [] Recommended reading: The Greatest Management Principle In The World by Michael LeBoeuf, Ph.D. [] Prepare an organizational chart describing needed business functions and relationships. How We Started (Company) was founded in 19XX by XXX (founders) who XXX (descr..."

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Created page with " Management [] "Generally, management of many is the same as management of few. It is a matter of organization." -- Sun Tzu - The Art of War. [] Recommended reading: The Greatest Management Principle In The World by Michael LeBoeuf, Ph.D. [] Prepare an organizational chart describing needed business functions and relationships. How We Started (Company) was founded in 19XX by XXX (founders) who XXX (descr..."

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Management

[] "Generally, management of many is the same as management of few. It
is a matter of organization." -- Sun Tzu - The Art of War.

[] Recommended reading: The Greatest Management Principle In The World
by Michael LeBoeuf, Ph.D.

[] 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 for more descriptions and details.

XXX, Vice President - Marketing

Manage market planning, advertising, public relations, sales promotion,
merchandising and facilitating staff services.

Identify 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

Manage working capital including receivables, inventory
cash and marketable securities.

Perform financial forecasting, including capital budget, cash budget,
pro forma 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

Perform service, manufacturing, raw materials management and allocation
functions.

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 (e.g., satellite tape recorders)
that were used to XXX (e.g., 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 (e.g., 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?
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