How many times have you seen a restaurant go from get-in-anytime to reservations only? It happens all the time. Restaurants that make it have two key ingredients: good food, and good management. Management is what turns your bright business idea into a successful money-maker. Investors will spend some time reading about your key management people, as well as those boosting your company’s credibility. They look for a committed management team with a proper balance of technical, managerial, and business skills, and experience in your company’s line of work. Investors would rather see a mediocre product with great management than a fantastic product with ho-hum management. You should also leave some room for your company’s organizational structure and board of directors.
Here is some food for thought before you start writing about your management team: