There are several types of organizational structures that entrepreneurs can adopt, depending on their business needs:
Flat Structure: Ideal for startups, this structure has few or no levels of middle management between staff and executives. It promotes flexibility and faster decision-making. Hierarchical Structure: Common in larger organizations, this structure has multiple levels of management. It is suitable for companies that require clear authority and accountability. Matrix Structure: This structure blends functional and project-based reporting lines. It is useful for companies that handle multiple projects simultaneously.