Organizational plan is a part of the business plan that describes the proposed venture’s form of ownership. Business can be classified as:
(i) Manufacturing business—making of a tangible product.
(ii) Wholesale business—buying of products in bulk from the manufacturers to be sold in smaller lot to retailers.
(iii) Retail business—selling product directly to the final consumer for final satisfaction.
(iv) Service business—selling intangible such as time or expertise
