Answer :
Answer:
The "management plan" section of the business plan specifies the proposed legal form of the organization-sole proprietorship, partnership, or corporation.
Explanation:
In business plan, we specify and describes staff, management team, resources, organisational structure and business ownership under the section of management plan. Management plan defines that what people will be on board, who will be the management team, what will be each person's skills and qualifications. Defining more precisely, management plan section categorizes form of ownership, characteristics of management team, external resources needed and the human resources needed to run the business successfully.