In the Trenches: A Big-Company Structure for a Small Business
Although Cranky Concierge is a growing company, it’s still pretty tiny. I employ just one full-time and two part-time staffers, plus four independent contractors who play different roles. However, because I aim to keep expanding the business, I need to think about our operations from a larger-company perspective — and create an organizational structure that will still work when we’re bigger than we are today.
My employees currently perform very distinct functions, but I handle all of the high-level tasks myself. But, as I discussed last week, that will keep changing as I reduce my day-to-day responsibilities.
Looking at much of what I do today, there are some very clear areas — sales and marketing, accounting and finance, tech, and legal — that will eventually require other people to run them. I’d love to hire one professional to handle each area, but clearly that’s not going to happen just yet. Cranky Concierge just doesn’t have the volume or the revenue to support that many people. That being said, I can plan for the future.
I’ve started to map out how I think the company might look as a million-dollar organization (vs. the $200,000-plus company we’re on track to be this year). At that point, I’ll need to have someone running sales and marketing. I’ll need to have someone running accounting and finance. You get the idea. So, I figure it’s best to set up that structure now. I can create the various positions that I think I'll need and then either have individuals fill multiple roles for now or just leave them empty until we grow into them.
Of course, I’m technically the CEO, CFO, CMO, CIO, and every other C-level person you can think of, but that’s OK. As we grow, it will become easier to have others step into those roles than it will be to try to reorganize the business and create new ones.
Then again, maybe I’m over-thinking this. What’s your take? Is it worth it to create this structure now? Or would you wait until it’s needed?