What does structuring your business mean and why is it important that you structure it right?
Structuring your business means that you've identified the tasks and processes that must be carried out properly in order to keep your business running. It means assigning those tasks and processes to specific individuals and giving them the tools and time to perform the tasks properly.
Structuring your business means getting the right people assigned to do the right work.
You might be amazed to learn how few businesses are structured for success.
Rarely have the business owners I've met been structured for success. When my consulting team dove in with new clients, we almost always had to start off with a restructuring of their staff.
It was almost as if we were a chiropractor and they needed a major adjustment to eliminate their aches and pains.
Several critical tasks would have been left unassigned. Tasks would have been grouped in strange ways that hindered smooth work flow. Employees would have been poorly fit to their positions based on personality or skill set.