KEYS TO SCALING A BUSINESS
The concept of scaling a business is often used interchangeably with growing a business, but these are two different concepts. Growth means adding revenue at the same pace you are adding resources. Scaling means adding revenue at a much greater rate than cost.
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Scaling is about creating a business strategy to design your organization in a way that easily scales in order to generate consistent revenue growth without adding a ton of extra cost and resources.
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It begins with constantly questioning how your organization should look. Build responses to competitive threats and the implications to their organizations.
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It all begins with developing an established process for employees to decrease ambiguity and guesswork, guarantee quality, boost productivity, and increase employee moral.
