Organizational Plan

the simplest form of business ownership and easiest to create.

• Partnership

• Solo

• Sole proprietorship

• Corporation

This section of the organizational plan will show the reader of the business plan who the principal owners of the business are, who constitutes the management team.

• Organization structure

• Structure of the Business

• Organizational Plan

• Business Plan

It provides a background of the management team; describes the organizational structure, including the management team roles, responsibilities and reporting relationship.

• Marketing plan

• Business plan

• Organizational plan

• Financial Plan

What is Partnership?

• ownership of one entrepreneur

• one person

• No limit on numbers of stockholders

• no limit on numbers of partners

Cost and ease of starting the corporation business?

• high and more difficult

• low

• easy

• relatively easy

ability to raise capital of corporation is?

• high

• low

• moderate

• limited

Management control of Sole proprietorship

• owner makes all decisions

• general partners have equal control and majority rules

• majority stockholder have control from a legal standpoint

• owners receives all profits and carries all losses

Share of profits and losses of corporation?

• fully transferable

• owners receives all profits and carries all losses

• depends on partners investment and on agreement of partners

• stockholders can share in profits through dividends

two or more people share ownership of a single business.

• partnership

• sole proprietorship

• corporation

• solo

 a forms of business that can be taxed, sued and enter into contractual agreements. The corporation has a life of its own and does not dissolve when ownership changes.

• Corporation

• Partnership

• Solo

• sole proprietorship