Financially Simple

10 Benefits of Using an Organizational Chart in a Small Business

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Sinopsis

In episode 310 of Financially Simple, Justin and David Kent of Heritage investors go over the 10 benefits of using an Organizational Chart. As a Small Business Owner, it's important to have a smooth-running, well-oiled machine for a business, in which each component knows its place and role within the company. In this episode, Justin and David list the 10 benefits of having an Organizational Chart, explaining each in turn. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:58 - 10 Benefits of Using an Organizational Chart in a Small Business 04:43 - A Visual Representation 05:23 - Hierarchy 06:23 - Clarification 06:51 - Positioning 07:56 - Employee Management 10:05 - Avoid Overlap 10:58 - Identify Tasks 11:54 - Workload Management 12:33 - Faster Decision Making 14:20 - Promotion Optimization 15:20 - Connecting the Dots 17:06 - Wrap Up   RESOURCES: Article Transcript Work with Justin's Team NEW Book: The Ultimate Sale - A F