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You want your management plan to look professional. It should be free of spelling and grammatical errors as well as any typos. It should be printed on white paper that is unwrinkled and free of stains. The formatting of the management plan should be the same as the rest of your business proposal. You may choose to mark off major sections with bold headings. The font should be readable. Times New Roman font at 12 point size is standard. You can use bullet points to list experience, abilities, and responsibilities, or you can have short paragraphs providing all of the essential information. The more people who read your plan, the better. A business consultant or financial planner will be able to provide better advice once you have a draft of your management plan than before. Sit down with the consultant. They may be able to identify any holes or conflicts you have in your business plan. It is important that all owners and high level managers of the company agree on the management plan. Make sure that each owner has a copy. They may send you edits and revisions. Consider these carefully. If you disagree with any of their changes, sit down with them so that you can find a compromise for your business. When they approve, have all owners sign the plan before you submit it to your investors, bank, or fundraising bodies. Any management plan you create will be untested and will likely need revision as you begin to implement it. Therefore, you'll need to include provisions by which the plan can be amended and revised throughout its life. Start by creating a schedule for assessment, stating times at which a group will meet to discuss the effectiveness of the plan and the success or failure of its implementation.  Make sure there is a way for all management and employees to submit their feedback regarding the plan. Then, create a method by which changes to the plan can be approved and instituted.
Proofread your plan carefully. Format your plan for clarity. Consider asking a business consultant to look it over. Send it out to all owners. Make a commitment to amend your plan as necessary.