What makes a business scalable

[Samuel77]

According to my own point of view when starting a business you need a good business plan and I believe with this plan you can make your business scalable and due to your calculation and understanding about your business, your business can be scalable

 

[Kehinde]

You must develop a more specific growth trajectory ,making clear choices about your company's revenue and market share goals; which customer groups to target, how it will make, sell, and service its product, how it will identify and manage supply and marketing partnerships, and how much capital the startup will need .

Post automatically merged: Feb 9, 2021

You must develop a more specific growth trajectory ,making clear choices about your company's revenue and market share goals; which customer groups to target, how it will make, sell, and service its product, how it will identify and manage supply and marketing partnerships, and how much capital the startup will need .

 

[Muradkhan]

The idea of scaling a business is simple--whether your fixed costs are high or low, if you can add significantly more customers without increasing your costs proportionally, the business is "scalable" and becomes more and more profitable as it grows.

 

[Ebensco]

You must develop a more specific growth trajectory -- making clear choices about your company's revenue and market share goals; which customer groups to target, how it will make, sell, and service its product, how it will identify and manage supply and marketing partnerships; and how much capital the startup will need

 

[Oliver 20]

Scalable business is one that centers around the usage of cycles that lead to a productive activity. The work process and construction of the business consider versatility. An scalable organization has powerful instruments for estimation, so the whole business can be evaluated and overseen at each

 

[Sariana23]

There are many factors that are needed to scale a business, apart from having a growth plan it is necessary to have the tools to use, technology, space or equipment are some of the aspects that will come into play when growing as a company, and finally but of utmost importance the human talent is the key to grow as a business.

 

[Spicywilfred]

A business is scaleable if the business has the appropriate qualities for scaleability. Enough funds and managerial capabilities in terms of the business process,functions and productivity will determine if the business is scaleable.

 

[Setho]

A business is scalable it is able to meet its business projections and is at the right pace. In order to achieve this you need to make your market research very well, brand your business convincingly. Select the right personel for the business and invest the right money while choosing the right location.

 

[Victor001]

The Apex of every business,is dependent to most extent the activities of the middle men and co workers, decision making and assets management is important.

 

[Setfragil]

What makes a business scalable is the progress the business has made overtime, the differences in startup capital and current financial status. In a nutshell, what makes a business scalable is the overall business achievement after deducting its liabilities.

 

[Adebola]

For a business to be scalable one must out into consideration the expanse of the business and all the processes involved. Use of proper analytical tools is also advived

 

[Ayokex]

A business scalability is determined by the production capacity and the business mission and goals. A business is said to be scalable when it has a clear direction of purpose and an outstanding way of achieving it.

 

[joy101]

What can make business scalable it is when you focus on the business also work on the business, for a business yo scalable you you must have time for business.

 

[Setho]

I think a business has great potential to be scalable if people create business in the right Eco system, at the right time and solves the right pain points .

 

[FreshKaz11]

Always at crux, it is one that focuses on the implementation of processes that lead to an effective operation is a scalable business. The company's workflow and structure allow for scalability. ... A scalable business has efficient measurement tools, so it is possible to evaluate and manage the entire business at each level.

This is a good one for the business owner I guess,since I don't have one personal business at hand for now I really don't know much about this,but is good you bring this here for us to learn tho.

 

[Kunkun]

At its core, a scalable business is one that focuses on the implementation of processes that lead to an efficient operation. The workflow and structure of the business allow for scalability. ... A scalable company has effective tools for measurement, so the entire business can be assessed and managed at each level.

Thanks for this, a scalable business is one that focuses on the implementation of processes that lead to efficient operation indeed, for a business to be scalable some key factors are involved there should be funds on ground and a proper management structure

 

[Sheyemanu]

Well, in reply to the question in your above post concerning what makes a business scalable, well In my opinion what would make a business scalable is totally the management as they are the one in charge of everything in the business

 

[Setho]

I would point out that what really makes a business to be scale able I'd having a right and positive idea, then you should use the appropriate technologies and the right marketing channels.

 

[Ralphjoe]

I think certain types of web-based businesses have the greatest potential for scalability, the ability to 'easily' expand or contract (at least, that's my definition).The reason for this is cost structure.

I totally agree with you that web-based businesses have the greatest potential for scalability because expanding them would be cost-effective as they are quite easy to expand.

 

[Haveit]

A scalable business would meet the requirements for the right processes of a business, the work environment, the output and other important factors too, every organization that wishes to grow big should work towards this.