When you hear people talking about the structure of a business, they are generally referring to the legal structure.
For example, are you a sole trader or a limited company, or perhaps an ordinary business partnership or a community interest company?
This is generally an issue for your company accountant and is dealt with during the setting up of a company.
However, when I talk about the structure of a company, I am referring to something else entirely – and something that many businesses simply don’t consider.
I am talking about HOW your business is structured.
In other words, do you have the right people in the right roles? Do you have the right levels of knowledge, experience and skills to run your business? Is your business structured as efficiently and as cost effectively as it can be or, more importantly, needs to be?