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There are many types of leverage in an organization.

- It could mean to leverage your financing; This means that you put in "some" of your own money into the organization and then borrow the rest from a bank or investors or? This allows you to grow bigger or faster than you would be able to on your own. It also increases the risk associated with your business. If you do not structure it properly or if your income is not sufficient to meet the financial obligations created by leveraging your business you can get into financial trouble.

- It could mean to leverage yourself; This means you are going to hire people to do some of the jobs you normally do so that you can get more done. Most business is built around solving a problem and being able to make a profit from charging people to solve that problem. If you do a great job, demand will grow for your product or service beyond what you are able to handle by yourself so you need to leverage yourself or your time by adding employees. One of the keys to going from a successful small company to a successful large company is your ability to solve a problem for many more people "profitably". You can also leverage yourself by developing systems to help you with the work. A website can help you find and educate your clients about your offering, give them some preliminary information and guide them to a point of wanting to buy from you, all without you talking to them.

There are many other forms of leverage in an organization. You need to be more clear in your definition if you want a more specific answer that is not listed above..

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∙ 15y ago

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