What to Include for Each Person
- Name and role — for example, founder and head baker.
- Experience — one or two lines on relevant skills and work.
- Ownership — the share of the business they own, if any.
- Time — full-time or part-time.
Simple Team Table Template
| Name | Role | Experience | Ownership |
|---|---|---|---|
| [Name] | [Role] | [1–2 lines] | [%] |
What If There Are Gaps?
Most small teams have gaps — for example, nobody with accounting experience. Say how you will fill them: an advisor, a part-time bookkeeper, or a course. Honesty here builds trust.
Fill-In Worksheet
Answer these questions in a few words each. Your answers become this part of your plan.
- Who are the founders, and what does each one do?
- What experience does each person bring?
- How is ownership shared? Does it add up to 100%?
- What skills are missing, and how will we fill the gap?
Examples (Illustrative)
| Name | Role | Experience | Ownership |
|---|---|---|---|
| [Founder] | Founder and head baker | Ten years of baking in hotels and bakeries | 100% |
| [Staff] | Counter and coffee | Two years of café service | — |
Partner — runs sales to local shops and restaurants, owns 30%.
Gap: animal health — covered by a local veterinarian on call.
Common Mistakes
- Long life stories. Keep each person to one or two lines.
- Hiding gaps. Name them and say how you will fill them.
- Unclear ownership. Shares should add up to 100%.
Where It Fits in Your Business Plan
The founders and ownership part belongs in the Business Overview section. Team roles for daily work go in the operations plan.
Frequently Asked Questions
What should the management team section include?
Each key person’s name, role, relevant experience, and ownership share.
What if I am a solo founder?
That is common. Describe your experience, and say who helps you — advisors, suppliers, or part-time staff.
Should I include employees who are not owners?
Include key people. Other roles can be listed in your operations plan.
How do I show ownership?
A simple table with each owner’s share. The shares should add up to 100%.
Build your plan with Founderplat
Founderplat walks you through all eight sections, one small step at a time, with tips and examples for every part.
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