The Organizational Structures That Contribute to Successful Entrepreneurial Business Operations (Paperback)

This exploratory study is a look at the problem in which strategies business managers need to establish an organizational structure appropriate for entrepreneurial business operations have not been identified. The population for this study was business managers, in the Tulsa, Oklahoma area that have successfully established organizational structures for entrepreneurial business operations. The research was conducted by interviewing business managers to learn from their selection of an organizational structure, and some of the strategies that they employed. Descriptive coding was used to find common themes among the participants, to attempt to extrapolate a strategy for future entrepreneurs. Three themes emerged from the study. The first theme were myths and legends, while the second theme was the misunderstanding of limited liability in a company, and the third theme were priorities for the new entrepreneur in starting their new business venture. The five priorities are to understand tax filing status, the role of the entrepreneur in the business, organize the new business, heed startup advice, and think about the future. These five priorities give the entrepreneur areas to focus on as they are starting their entrepreneurial journey.