Question

Korey is planning to open a comic book store. When the store opens, he plans to be the only employee. As the business grows, he will extend his hours of operations and hire additional employees as necessary.

In Korey’s business plan, this information should be included in the _____ component.
a.
financial analysis
b.
organizational plan
c.
executive summary
d.
implementation plan

Answer 1

b. organizational plan

Reason: Staffing (who will work, hiring plans, and how roles will change as the business grows) belongs in the organizational/management section of a business plan.