Start Up or Scale Up
It’s hard to draw a precise line between the ‘start-up’ and the ‘scale-up’ phase of business growth. In general, scale-up occurs when a business has taken a proven concept and delivers it to a wider audience, dramatically expanding the scale of its business operations. Scale-up companies have specific and different requirements than start-ups and successfully scaled businesses have mastered the formula of quickly adding customers while adding fewer additional resources, driving consistent growth and increasing margin over time. This requires adopting a scalable business model along with robust systems to create a more predictable, repeatable cadence across your business. Are you geared up for scaling?