Growth like this requires developing a formal structure that will ensure the efficiency of operation.
A formal structure is a structure that aids a company's owner in maintaining a specified hierarchy of standards.
The formal structure assists in organizing the workforce or workers.
As a result, each person's work will be explicitly assigned to them, and each will be responsible for their own tasks.
When a firm is growing from a low to a high level, expending a significant amount of time and work is necessitated.
Therefore, if a company is growing and progressing, the owner must adhere to a formal structure.
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