Adapted from content excerpted from the American Express® OPEN Small Business Network
A short section on who owns and controls your company will help readers derive a better understanding of who will be making decisions. Potential lenders, many of whom will require a significant stake in the company in exchange for funds, will also be interested in what portion of the company's equity is available.
To see what your statement should look like, see the sample in the management toolbox.
To Creating a business plan – part 6: Management
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