Scale your business: 11 ways to build lasting growth For example, consider a successful startup or new small business: Without a clear definition of scaling a business, we mistakenly attribute success to these companies due to their fast, massive growth.
Is this sustainable growth? Sometimes, yes. However, it’s often a sign of accelerated growth without a solid foundation, which makes the company vulnerable to problems.
Learning how to scale a business mitigates these risks by ensuring that foundational operations are in place to support sustainable, long-term growth.Knowing how to scale a business requires an understanding of the difference between growing and scaling.
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