Running a business is one thing, but structuring a business to last can often require a different approach.
In this video, The Eternal Business Consultancy founder and Ovation Finance chairman Chris Budd shares a tip gleaned from one of his clients on how they have decided to offer career progression as a small business.
Offering career development and progression can be difficult in a small business, given there are only so many senior roles to go around.
But Chris explains how one firm is using a projects format instead which allows ambitious individuals to put forward new ideas for the business to implement.
Not only does this model allow ideas to be taken forward, but it gives the individual the opportunity to make a difference and feel engaged in the purpose of the business.