Checklist For Starting a New Business - Step 4 - Organization and Communication

There are 12 steps to starting a small business. Nextlike the way it rolls off the tongue...'Rhombuses'.
on the checklist for starting a new business is step 43. Organization with Personnel. Now that you know
Organization and Communication. When organizingwhat your company looks like by division, map it out
your company, there are four items to consider; Entitywith personnel. Draw out who is in charge of what
Structuring, Organization by Division, Organization withdivision.
Personnel, and Communication including Meetings.4. Communication. You need to spell out your
1. Entity Structure. There are 3 basic entity structures;communication flow with an emphasis on meeting
Sole Proprietor, which is a single person, Partnership,policies! There is an incredible book on the subject
which is set up with 2 or more people, and Corporation,called "Death by Meeting". The author does a great job
which can be set up as a single member orinstructing you how and when to have meetings.
partnership. Confused yet? Decide first how manySerious time saver. A Client of mine,
people are involved in the ownership of the companyaPrincessParty.net, underwent a restructure in their
and then work through the pros and cons of eachcommunication and has had significant results. They
entity structure to decide which one best suits you.have redefined the way they do meetings and are
2. Organization by Division. Map out what yourseeing wonderful improvements in staff communication
company looks like when it is completed. Visually lookand collaboration. Meetings are fun again!
at the company and all it's divisions. Use circles,There you have it, Step 4 Organization and
squares, triangles, polygons, octagons, etc or whateverCommunication on your checklist for starting a new
you like. Personally, I like to use Rhombuses...because Ibusiness, and remember...'Rhombuses'.