Scale of operations

In business, scalability is the ability of a system, network, process or even a company to handle a growing amount of work, sales or demand in a capable and cost-efficient manner.

But is scaling meant for everyone? What does scale your business actually mean? What about growth? Is it the same?

Whether you scale or grow depends significantly on your industry and business model. So, first, understand your business model to the core.
Second, understand your own ambitions.

Growth and scale come with one clear trade-off. You must forget about laissez-faire and bring a new, more formal culture, accountability, and KPIs. Such a culture focuses on customers, profit margins and staying ahead of the competition.

Are you prepared? Get all the tips and strategies.