Starting Up a Business, Company Structure and the Main Responsibilities of Managers and Stuff.

Topics: Management, Organization, Strategic management Pages: 2 (807 words) Published: March 18, 2013
Starting up a Business, Company Structure and the Main Responsibilities of Managers and Stuff.

Nowadays people become more and more independent, as they try to earn a lot of money to make their life more comfortable and suitable in our society. To get more they should know at least something about how to start up a business, also future businessmen ought to understand company structure, and as the heads of companies distribute the main responsibilities between people involved in working for the company. So it is important for us to comprehend the idea of starting up and doing business. In the beginning, when you are setting up your business, you need to ensure that all of your bases are covered. There are several steps as you navigate through the business start-up phase. First and foremost, you should plan your business: creating a solid business plan is vital to your success - you need to know where you expect to go long before you get there. It may seem like a lot of work at the outset, but a well prepared business plan can save your time and money in the long run and help you to secure major contracts or funding. The second thing that needs to be said is company structure, it is very important because it provides an efficient work system as well as a system of communication. Organizing structure is considered by many experts to be “the anatomy of the organization, providing a foundation within which the organization functions”. So the idea of a structure is a frame work – differentiation of position, prescriptions of authority. So structure helps to regulate the behavior of employees. There are can be different kinds of organization structure, and firms can change their organization structure by becoming more or less centralized. The main principle of modern management is that there are no the best structure – appropriate structure depends on situation. Most organization have a hierarchical or pyramidal structure, with one person or a group of people at...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Starting a Business Essay
  • Starting Up a Cookie Company Essay
  • Essay on Company Structure
  • Advantages of Starting Up a Business Essay
  • Managers responsibility Essay
  • Company Secretaries Responsibilities and Duties Research Paper
  • Company Winding Up Essay

Become a StudyMode Member

Sign Up - It's Free