HItting that brick wall?

HomeInsights

Hitting that brick wall? 

Are you overwhelmed by the number of different tasks you’re trying to manage in your business?

Many businesses do not have absolute clarity around their team’s defined roles and responsibilities.  This often results in owners wearing too many ‘hats’, meaning little time spent is on strategic or high-level activities that create real value for the business. Does that sound like you?

Maybe everything was working fine, ticking along nicely, and then bang, before you know it the team has grown and the wheels are starting to get a little wobbly. Now may be the time to take a step back and perform an organisational review.

You should start with building a functional Organisation Chart which visually defines departments/teams, key functions, roles and responsibilities. This is your opportunity to define clear roles and responsibilities and gain time for yourself to concentrate on key activities and revenue generation.

Studies also show that undertaking such an exercise will increase team satisfaction.  There’s no better way to empower your team than to give them clarity around their defined roles, responsibilities and career development opportunities.

Having a clear organisational structure will enable your business to be more sustainable, scalable, and, ultimately, saleable.

Are you wearing too many ‘hats’ in your business?  Let us help you re-distribute the tasks that are slowing you down.

Not sure where to start with an organisational review? We can help! Put aside a day to work with us in an initial full day planning session where we’ll discuss the fundamentals to develop an Organisation Chart. We’ll help you determine the ideal roles for the business as opposed to fitting roles to the people in your team.  You’ll also gain clarity on what functions can potentially be outsourced or delegated to others.

After reviewing your current structure we’ll follow our experienced process to create a functional Organisation Chart using our highly effective templates.

We’ll provide you with recommendations and next steps for you to complete the first draft of your Organisation Chart and monitor your progress over the following weeks as you refine and finalise your chart.

Upon completion we’ll meet again to review and tweak your organisational structure

We’ll act as a sounding board for you to discuss your ideas, make effective strategic decisions and develop a better, more sustainable business model.

Call us to develop a structure that will support your future business plans.

Want to grow your business & improve cash flow?

You need SMART solutions for YOUR business, not just annual tax compliance! Get the SMART team working with you. Call SMART Business Solutions today on 03 5911 7000 or reception@smartbusinesssolutions.com.au.

Related News

10 Nov

Retention payments and how to account for them

Whilst retention payments are very common in the building and construction industry we continually see them being incorrectly accounted for, or not accounted for, and therefore often overlooked, resulting in advance payment of taxes and/or lost income.


READ MORE READ MORE
9 Nov

100 Aussies: five charts on who earns, pays and owns

We are heading into a period of opening up the economy after COVID, with the need to repair the budget, an election looming by May 2022, the threat of inflation and a withdrawal of central bank stimulus.


READ MORE READ MORE
15 Sep

The Advantages of Commercial Real Estate

While commercial property is a little more difficult to understand than residential, it offers several significant advantages for investors.


READ MORE READ MORE