Business 100

Introduction to Business

Dr. Kathy Broneck

Review

Cover PageConfidentiality AgreementExecutive SummaryTable of ContentsCompany Background

Preview

Management TeamFinancial PlanCapital Required

Management Team

Consists of 4 sections:Management SummaryOrganizational Structure Management Team Personnel Plan

Management Team

Management SummaryGeneral information about the team’s

abilities.Over 25 years combined work experienceMembers who have worked for Fortune 500

Companies “Mottos”: Open-door policies, democratic style,

empowering employees1 – 2 paragraphs

Management Summary Example

DWE’s managerial team has over 10 years experience in managing; from small business of 25 people to large Fortune 500 companies. The management at DWE believes in the importance of open-door policies for all employees in order to create a work environment that is both friendly and productive. DWE believes in empowering employees where decisions are made by multiple employees in a democratic setting. DWE has over 3 managers who are Sigma 6 Black belt certified.

Management Team

Organizational Structure Organizational chart

Name Title

May need a brief description of job functions in an Appendix

Ducky DuckCEO, DWE

WP ChickCFO, DWE

Mortimer DuckCEO, DASH

Appendix Table…

Title Description

CEO, DWE Oversees DWE and DASH

CFO, DWE AccountingFinancial Advisory

CEO, DASH Protest Organizing Division

Table 2.1: Organizational Descriptions

Management Team

Management Team Resume for each person

Sometimes Business Plans want only brief descriptions of the jobs and their roles.

E.g., the table you may put in your appendix but in paragraph form

Management Team Example

2.1.1CEO, DWEThe CEO’s responsibilities at DWE include ….

2.1.2CFO, DWEThe CFO’s tasks at DWE include …

Management Team

Personnel Plan Payroll approximation/costA list of jobs and the amount of money each

job goes for; a rangeLaborersManagement

For this class, just your own positions

Payroll Example

This can be a separate section OR you can add this into the chart OR you can add it in to the paragraph.

2.1.1 CEO, DWEThe CEO’s responsibilities at DWE include ….

2.1.1.1 CEO, DWE SalaryThe salary range for CEO, DWE is based on the CEO national average for corporations of similar size and dependant on experience. The range is between 1.5 million – 3.0 million per fiscal year.

Financial Plan

2 Sections:Financial Plan Overview Important Assumptions

Financial Plan Overview

This section looks at the fiscal behavior your company will be engaging in.

Looking at cost and capital, what do you need to buy, what do you have, what will you think about buying in the future? Equity/debt

For class, only 2 paragraphs and doesn’t have to be in-depth

Financial Plan Overview Example

In order for DWE to have successful growth, there needs to be a significant increase in the company’s cash flow which will be generated by its operations.

Outsider investment in DWE stocks will be sold to generate extra cash. These stocks will supply DWE with cash which will be used to buy capital as well as pay off the interest in their initial loans.

The management team will be tasked with building equity in the product through franchising and brand names.

Important Assumptions

What assumptions are you making?E.g.:

DWE assumes a slow-growth economy with no major recessions in the next 5 years.

There will be a return of profit in 5 yearsNo new immigration/borderland security lawsThere will be continual popularity for pizza as

well as a growing demand for specialty pizza in the United States.

For the paper, you should list 3.

Capital Required

Funding Sources 1- 2 paragraphs on how your company is going to get its

money Bank Loans Stocks “Angels”

Table Amount needed Why that amount (Rationale) Use of that amount

For this assignment, you can choose 4 – 5 things Can be general categories “office equipment”

Table Example

Use Amount Needed

Rationale

Office Equipment

$100,000 Copying machine for in-house advertising Computers for databases and graphic art

Building $1.5 million

House the main office Factory floor to make pizzas

Task for Today

Start writing:

Management Team Management Summary Organizational Structure (organizational chart) Management Team (each person is listed with resume) Personnel Plan (payroll cost)

Financial Plan Financial Plan Overview Important Assumptions

Capital Required Funding Sources Table of amount needed, why that amount, and use of the amount.