Is the organizational structure of your business strategically designed and consistently accomplishing what you want?
Do you feel like you have set up a solid business model and organizational structure but can’t understand why you are not getting what you want?
What happens to the business if you are removed from it?
Most small to mid-sized businesses evolve over a period of time, in terms of their operational and organizational structure. They are not designed with certain parameters and results in mind, they simply evolve. Over a period of years, this business evolution can be and usually is extremely detrimental to the owner or owners of that business. The results will never be what the business owner or owners want them to be.
- Terry McGill, Managing Partner
Does any of this sound familiar?
- You have promoted people into management and supervisory positions through the years because they were loyal and had been there a long time.
- You are too busy working in the business to have time to work on the business.
- Many key positions have people in them that are the wrong fit or don’t have the proper skill sets to deliver the best results. They are there because they have been with the company for a long time or they are related to the business owner or for any number of other reasons.
- Being an owner is not turning out to be what you thought it would. After all, you knew the previous owner and it appeared they had everything under control. Now that you have owned the business for a while, you're facing more challenges than you thought you would. The stucture that seemed to work well for the previous owner isn't working so well for you.
- You have partners in your business that have gone in a different direction through the years and it may be causing severe problems within the group or business, but you really don’t know what you can do about it. You never had a buy-sell agreement because you never got around to it. You were all on the same page at first before you had any money to worry about.
- You really haven’t thought about succession because you plan on living to be 120 years old. The kids will just take it over when you decide to step aside if you ever do. Why would you plan for something that is so far in the future?
- Or, you'd like to profitably exit the business within 5-10 years but there isn't a good succession plan in place to make it a reality.
If any of the above sound familiar to you, the organizational structure of your business is probably not as good as it could be.
Is it time to consider addressing some of these issues? Maybe you've been addressing some of these issues but are stuck, wondering what to do next. You've done everything you can think of to do and your business is still not operating as you would want it to.
When an owner decides to work with us, they may know what's causing the problem, they may not. In either case, they know it's time to be more proactive about addressing their challenges.
If you would like to have no fee conversation with us about how you can optimize your business to elevate your control, schedule a: