Is your business structured for failure or success?

Is a good business simply born or created? Is it nature or nurture? Organic or engineered? Businesses get to where they are by a number of routes, frequently being reactive to opportunities that present in the course of their growth.

If they’re lucky, their structure will serve them well for the foreseeable future but luck isn’t much of a guarantee of success. So how can you judge if your business is well structured, and what does a good structure look like?

Be Client-Focused

  • Everything you do should be about delivering what the client needs and making it easy for them to give you their money

Be Business Savvy

  • Get the mechanics of the business working predictably well, in such a way that clients repeatedly receive a high standard from you

Think ‘Continual Improvement’

  • Think Team Sky and England Rugby with their marginal improvement mantra (one notably more successful than the other in that regard..); look to constantly improve what you do, tweak systems, fix things before they go wrong, listen to feedback

Build a Community

  • Lead, don’t just manage. Engage with your people and invest in them

Have a Strategy

  • What’s your vision? Your big plan? Do you know what success looks like? You need a strategy so that everyone steers in the same direction.

Spending some time thinking critically and constructively about your business structure is an investment in your future success, and one that Proelium Law can help you with.

                                                                                      

If you would like to talk to Proelium Law about organising your business or receiving a bespoke report on a business issue you are facing, please contact us on: [email protected] +44 (0) 151 363 2212 Mobile +44 (0) 7725329437

 

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