Hacks - To Scale Up Faster

The idea behind starting a business is to ensure that you are profitable enough in the long run. The secret lies in getting ahead of others, and that happens only when you scale up.

- Gairika Mitra

Scaling up can make or break your company. Scaling fast might give rise to a lot of organisational problems, however if you decide to scale slowly, you might miss out on key opportunities. We have listed down a few points that could help you scale up: UNDERSTAND IF YOUR BUSINESS COULD BE SCALED Your product might be spectacular, but it doesn’t mean that qualifies it to be a highly scalable business. As per Forbes columnist Martin Zwilling, “Not everyone needs or wants investors, or a highly scalable business. 90% of small businesses today are family businesses, which can be very successful, satisfying, and small by design. It’s a strategic decision.”

IDENTIFY YOUR ‘CORE’ AREA