Are you working with a company or thinking about starting your own enterprise? The first step would be understanding business and corporate structures.
Understanding corporate structures enables an individual to review, analyse, and align goals for maximum performance. The structure of an organisation directly affects its success in implementing strategies and carrying out objectives. Traditionally, organisational structures were more formalised with human resources segregated on the basis of functions, regions, product lines, etc. With the changing needs of the organisations, continuous evolution, and global presence, organisational structures are also changing.
The flow of work in a company is based on its organisational structure. So, people in key positions need to understand the attributes, strengths, and weaknesses of their organisation’s structure. Without this knowledge, it is difficult to recommend suitable products and services to clients with varied business needs.
What topics are included?
- Business, company, and trust structures
- Understanding what a small business is
- Sole proprietors and partnerships and their differences
- Lender documentation requirements for different trust structures
- Business management
- Contract execution