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For a successful business, you need a viable business idea, the skills to make it work and the funding. Discover whether your idea has what it takes.

Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

Creating a sustainable organisational structure

With any growing business, whether it's an ambitious young startup or an established company looking to take the next step, a solid organisational structure can help build a strong foundation. A structure can accommodate the stresses and strains of growth and change, enabling you to increase productivity and efficiency as the business expands and adapts.

Organisational charts

In order for any organisation to grow, it needs strong, clear leadership. A simple way to create clarity around that leadership is to create an organisational chart. This shows your management structure in a visual way, establishing the hierarchy as a backbone for your company. Software programs are available that make creating and then adjusting these charts surprisingly easy.

Hiring an interim manager

Often, businesses will find themselves at a crossroads where they require a certain set of skills, but only require them on a temporary basis. In this situation, it might be time to seek the services of interim partners. These temporary managers (or management teams) can fly in to fill a gap when necessary. In the case of creating a sustainable organisational structure, one tactic is to hire such a team to lay the foundations of a business and offer a scope and level of experience that you wouldn't be able to achieve any other way.

Operating procedures

Operating procedures help to boost employee productivity. They define clear tasks that can be achieved in a reliable, uniform manner to achieve shared objectives. The procedures are carefully documented, establishing a set of instructions that can be passed easily between employees. This greatly cuts down the time it takes to train new team members and is another part of the formula for creating a scalable business.

Distribution and delegation

While the charts and the documented procedures might help, they will mean nothing if the right people are not in the right places doing the rights things at the right time. This is where the distribution and delegation of tasks come into play. Managing a team well means knowing the most qualified teams and individuals to use for each task. Whether for in-house and remote workers, this task is made that much easier by using a project management system.

Embracing growth

Finally, arguably the most important purpose of any organisational structure is the ability to grow and adapt. So keep an eye out for every fresh opportunity, making full use of online marketing and modern social media platforms, without ever losing sight of your startup goals. The idea of organic growth should be at the very heart of any stable and sustainable organisational structure.

© 2019 Article was made possible by site supporter Victoria Harrison

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