Business scaling

Scaling a business means setting the stage to enable and support growth in your company. It means having the ability to grow without being hampered. It requires planning, some funding and the right systems, staff, processes, technology and partners.

1. What is a scaling strategy?
2. What is scaling up in business?
3. How do you scale a business?
4. When should you scale a business?

What is a scaling strategy?

Scaling growth is about creating business models and designing your organization in a way that easily scales in order to generate consistent revenue growth and avoid stall-points without adding a ton of extra cost and/or resources along the way.

What is scaling up in business?

Scaling your business means you're able to handle an increase in sales, work, or output in a cost-effective, reasonable manner. Your company can handle growth without suffering in other areas (e.g., employee turnover because of heavy workloads or a product that can't be produced fast enough to meet demand).

How do you scale a business?

10 top tips on scaling your business

1. Focus on what you want to be - not what you are. ...
2. Make sure you're ready and prepared for growth. ...
3. Learn from competitors who've successfully grown. ...
4. Protect your business values. ...
5. Build a great team of employees. ...
6. Have rules for your staff to follow. ...
7. Access outside expertise when required.

When should you scale a business?

Scale-up only when you are ready—not just because opportunity knocks.” To reiterate—scale up only when you are ready. Don't create unnecessary risk in your business and its progress just because profits are up one quarter or you have a trustworthy team.