Personnel in a business plan example

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Executive Summary

Three managers, owners of Flowstone, Inc. Halley Loharnold and Soren Aboukir and General Manager of Operations Juratin Guadalquivir, the credentials in this industry are flawless. This will benefit OutReSources, Inc. in three ways:

  • Clients will be attracted from existing professional relationships
  • Respect and recognition from relevant organizations and government departments
  • The experience of each of them will attract new clients in finance and administration,

Observers and trainers for the training are not yet appointed, but will mainly consist of program managers and specialists from Flowstone. Their extensive experience and industry service and management education will provide the foundation for OutReSources, Inc.'s success.

Personnel plan

All work is currently being done by Yuriatin Guadalquivir and Flowstone, Inc. Since OutReSources, Inc. is still in its infancy and compensation to shareholders is based solely on net income, and there is currently no income, no payroll costs. There will be added where and when needed, and according to the success in penetrating the target markets of the plan. These labor costs will be borne by Flowstone, Inc.

By the end of June 2021, it is anticipated that business expansion will require the involvement of a senior training manager. By the end of August 2021, the increase in volume will require the hiring of the first coach.

In FY 2021, OutReSources will have 4 training instructors and 4 trainers, with an increasing amount of less sensitive work being handled by paraprofessionals and administrative support staff from Flowstone. OutReSources is expected to become fully independent of Flowstone's financial and human support in FY2021 or FY2021 depending on demand.

As stated, the salaries of the owner / consultants, school leaders and trainers are included in the Sale price. Only the costs of the hourly paraprofessional and administrative staff are shown in the staff table below.

Personnel Plan Year 1 Year 2 Year 3 Owners / Consultants $ 0 $ 0 $ 0 Operations Manager $ 0 $ 41,000 $ 41,000 Training Observers $ 0 $ 0 $ 0 Trainers $ 0 $ 0 $ 0 Paraprofessionals $ 16,000 $ 32,000 $ 32,000 Administrative support $ 10,000 $ 24,000 $ 24,000 Total people 000 Total salary $ 26,000 $ 97,000 $ 97,000

We recommend using LivePlan as the easiest way to create automated financial statements for your own business plan.

Sample Human Resources Business Plan - Management Resume | - 2021 - Business planning

Previous Steps of the Guide to Starting Your Own Business

Now we find ourselves in a completely different part of business planning - management and organizational structure of the business.

Don't neglect the organizational plan when writing your business plan

Management is a really important element of any business. As a business goes through different stages of the life cycle, so will the need for business management grow, and this is directly related to the efficiency of the business. If your business is in the process of initiation and planning, and if you plan to work in your business alone, you probably think that there is no need to do the Organizational Plan section of the business plan. But I recommend doing this with the aim of further planning personnel management in your business, because it is difficult to do business alone.

Also, by working on this section as part of the planning process, you will do a good job preparing for financial planning.

What should the “organizational plan in the business plan” section contain?

Brief summary

Again, in the business plan, the section begins with a chapter summary. It will be at the beginning, but you do it, as always, after completing the entire chapter.

Organizational structure

An organizational chart is a hierarchy of people in an organization. It will show who is responsible for what, who performs the tasks, who controls the implementation, who regulates communication between employees, etc. It is important to understand that this is a serious section, because you are planning the basis of what should meet the requirements for a long time time. You cannot change the hierarchy and structure of the organization every month, which, for example, is permissible with some other sections of the business plan.

The organizational chart should be presented in the form of an organization chart or graph (so-called "organograms"). There is a free online application for organogram creation - Gliffy. You just need to register and you will be able to use the application. You can also use Microsoft Office Word, which has the ability to enter a chart in an organizational chart that can be customized to suit your needs. The figure shows a diagram of the organizational structure of MS Word 2021.

Brief Investment Memorandum

Currently, the Russian labor market is making more and more demands. This is due to the following reasons. Firstly, this is a change in the process of recruiting an employee. It becomes more complex and multi-stage. Secondly, it is the desire of most companies to save money on the personnel department and outsource the selection of personnel. Thirdly, these are the difficulties of many companies with the selection of qualified employees. As a result, opening your own recruiting agency is a promising type of business, where the payback period is 13 months, and the break-even point falls on 3 months of work.

To open a recruiting agency, you will need to rent a room. It is advisable to look for premises in the central part of the city with good transport accessibility. It is also necessary to hire several specialists on the staff. The total staff will be 5 people.

At the opening stage, the company will provide two types of services: recruiting for customer companies and evaluating clients' employees. On average, the company will close 10 customer positions and conduct 3 evaluations per month. As a result, the financial indicators of the project will be as follows:

Initial investment amount - 536,000 rubles

Monthly profit - 65,000 rubles

Payback period - 13 months

Break-even point - 3 months

Return on sales - 21%

Description of business, product or service

The article discusses the features of drawing up a business plan for a recruiting agency for the selection of personnel. Many business owners are beginning to realize that professional people are essential to the success of any business. Not all employers have the opportunity to maintain a staff of recruiters or the knowledge and time to select candidates on their own. In this case, recruitment agencies come to the rescue.

In order to open a successful company, you need to draw up a business plan. Using a recruiting agency business plan, you can get a bank loan or investment as an additional source of financing.

Drawing up a business plan for the recruiting agency

In order to draw up a business plan for a recruiting agency, you will need to study the following aspects:

  • Demand for services, identify the most demanded ones;
  • Competitors, their capabilities and advantages;
  • Pricing procedure;
  • Industry development forecasts.

After that, we proceed directly to planning and define:

  • Personnel;
  • Premises;
  • Equipment;
  • Required sales level;
  • Marketing activity.

An example of a recruiting agency business plan

Description

Table of Contents

Previous Steps of the Guide to Starting Your Own Business

Now we find ourselves in a completely different part of business planning - management and organizational structure of the business.

Don't neglect the organizational plan when writing your business plan

Management is a really important element of any business. As a business goes through different stages of the life cycle, so will the need for business management grow, and this is directly related to the efficiency of the business. If your business is in the process of initiation and planning, and if you plan to work in your business alone, you probably think that there is no need to do the Organizational Plan section of the business plan. But I recommend doing this with the aim of further planning personnel management in your business, because it is difficult to do business alone.

Also, by working on this section as part of the planning process, you will do a good job preparing for financial planning.

What should the “organizational plan in the business plan” section contain?

Brief summary

Again, in the business plan, the section begins with a chapter summary. It will be at the beginning, but you do it, as always, after completing the entire chapter.

Organizational structure

An organizational chart is a hierarchy of people in an organization. It will show who is responsible for what, who performs the tasks, who controls the implementation, who regulates communication between employees, etc. It is important to understand that this is a serious section, because you are planning the basis of what should meet the requirements for a long time time. You cannot change the hierarchy and structure of the organization every month, which, for example, is permissible with some other sections of the business plan.

The organizational chart should be presented in the form of an organization chart or graph (so-called "organograms"). There is a free online application for organogram creation - Gliffy. You just need to register and you can use the application. You can also use Microsoft Office Word, which has the ability to enter a chart in an organizational chart that can be customized to suit your needs. The figure shows a diagram of the organizational structure of MS Word 2021.

It is desirable that the business plan include an "organogram", but if this is not possible, then you can describe the organizational structure in text.

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