1. Build an impressive skill set
It’s quite clear that scalability demands an expanded skill set. Entrepreneurs need to build a team with a diverse skill set.
2. Networking and Collaboration
You should build a network of collaborations with people and organizations, for instance, service providers, sales partners, suppliers as well as customers as they may be willing to assist you by providing important market statistics. Such engagements may take the form of a formal alliance and when that happens, scalability becomes achievable with minimum effort.
3. Invest in Technology
Businesses today don’t run on a single system, instead, system integration is a prime aspect for scalability for most businesses. There are numerous systems that an entrepreneur adopts in order to enhance effectiveness. Utilise cloud-based software as much as possible to avoid excessive time managing IT yourself.
4. Establish Standardised Processes
You cannot scale your business unless you’ve established processes and procedures that facilitate streamlined operations. You must ensure the appropriate delegation of these repeatable standard processes to simplify growth of your business.
5. Automate processes
Automation allows you to run repeatable processes smoothly at a lower cost and more efficiently by minimizing your manual work.
6. Find your A-Team or Strategically Outsource
When it comes to scaling your business, it’s important to identify the right time to hire more team members or simply outsource the tasks to a third party organization or freelancers.
7. Understand what your customer wants
Who are they? What do they want? Why and how are they buying? What do they expect from you and and your competitors?
8. Identify your competitive edge
Is this cost-based or based on a non-cost advantage due to a special skill or knowledge set
9. Focus on increasing your sales
To begin with, you must have an effective sales plan in place which will assist you to generate more sales for your business. Striking when the iron is hot will give the competitive advantage you need. You must also take a look at the end-to-end sales.
10. Supercharge your marketing
When you scale your marketing operations, your business will be able to stay lean, agile and on the verge of growth. You will be able to deliver marketing campaigns that will impress your customers. Use apps as soon as possible and automate as much as you can. Everyone in your business (partners, staff, family!) has the responsibility to talk about it, tweet about it, post about it and share it!
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