From 2015 to 2017, startups created $2.3 trillion in total value, making entrepreneurship a powerful global force. Today, small business owners are looking to scale up as 88% say they want to increase their revenue in the next year, but without scalability it’s not going to happen.
In business, we understand scalability as the ability to adapt, expand and upgrade. This makes companies ready for more customers, more data, and more resources, without constraining increases in operating costs. Unfortunately, the greatest obstacles to scalability are also obstacles faced by small business owners, including struggling to make quality hires, issues delegating, and small-scale internal systems. Top that off with a micromanaging boss and you’ve got the perfect recipe for a business that’s afraid to grow.
In short, scalability means to be able to adapt, expand, and upgrade when necessary. Is your business set for success? This infographic guides the reader through the subtleties of the art and science of scalability and what it takes to build a business with plenty of room to grow.
infographic by: brunnerconsultinginc.com
In business, we understand scalability as the ability to adapt, expand and upgrade. This makes companies ready for more customers, more data, and more resources, without constraining increases in operating costs. Unfortunately, the greatest obstacles to scalability are also obstacles faced by small business owners, including struggling to make quality hires, issues delegating, and small-scale internal systems. Top that off with a micromanaging boss and you’ve got the perfect recipe for a business that’s afraid to grow.
In short, scalability means to be able to adapt, expand, and upgrade when necessary. Is your business set for success? This infographic guides the reader through the subtleties of the art and science of scalability and what it takes to build a business with plenty of room to grow.
infographic by: brunnerconsultinginc.com