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VI. Management
A good management team can take even a mediocre idea and make it
fly. In fact, strong entrepreneurial teams have been known to move
from business idea to business idea, repeatedly creating and
running thriving companies. Conversely, weak management often
cannot build a strong business out of even the best idea. For this
reason, the management section of your business plan must
demonstrate that the team you have assembled, or will assemble, is
a winner. Each member of management must of course be talented
and have experience relevant to your business, but it is also
important that the people on your team have complementary
skills.
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