What makes a business scalable

[Immilash]

How you run and manage your business will determine if the business will be scalable or not. Many people thinks capital is all they need in business and that's very wrong.

 

[kayode10]

A business can be replicated if there is a system behind it. you just have to get template for the system behind this business and create the same thing in another place. That is how most of the big franchising business is work and make profit for the founder.

 

[Ezekiel]

To me every business is scalable,with the business work flow,this makes the bussiness transparent,I believe this will also make worker work effectively

 

[kinqzbitz]

Well I know that all business are actually scaleable and it depends on the kind of business you are into and the dedication of your workers or employees and all your dedication

 

[Heatman]

How you run and manage your business will determine if the business will be scalable or not. Many people thinks capital is all they need in business and that's very wrong.

Well the truth of the matter is that you will always need capital to start and run a business successfully because without it there is no business for you to start in the first place.

 

[CeeJase]

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.

The who point of this whole thing is sentence on having a very good and effective business plan for your business because it will afford you all the tools that you require to run your business successfully even in the midst of challenges.

 

[Immilash]

Well the truth of the matter is that you will always need capital to start and run a business successfully because without it there is no business for you to start in the first place.

That's true. But do you think capital is all we need before starting up business? Many businesses has folded up because they don't have much experience on the business their venturing into.

 

[Ghost]

One thing I've learnt is that you should plan for how to scale a business right from it's start.

A number of factors can make a business easily scalable, like the availability of funds, the managerial capacity of the owner, and how profitable the niche is.

Very true another factor is making sure that adequate records are kept. This way you'll know how to plan, what to expect and how good you are doing

 

[Godspower]

I think a business can be scalable by adopting and sticking to a strategy that makes it to need it's demands and increase profits without necessarily increasing it's cost of production.

 

[Heatman]

That's true. But do you think capital is all we need before starting up business? Many businesses has folded up because they don't have much experience on the business their venturing into.

The truth of the matter is that whether you have experience or not you must definitely have the capital to start up your business before your experience we come into being used to manage that business.

 

[Immilash]

The truth of the matter is that whether you have experience or not you must definitely have the capital to start up your business before your experience we come into being used to manage that business.

That's true but what if you have enough capital and you don't have a plan for the business. Do you think your capitals will be important?

 

[Smiles20]

Scaling up a business is a combination of so many factors. The most important thing of which is capital. This is because it will enable you to hire the right people and use quality tools.

 

[Immilash]

Scaling up a business is a combination of so many factors. The most important thing of which is capital. This is because it will enable you to hire the right people and use quality tools.

The first thing you need is capital but after having capital you also need to have a solid business plan. those plans will help you to succeed in your business.

 

[Heatman]

That's true but what if you have enough capital and you don't have a plan for the business. Do you think your capitals will be important?

The thing is that you will always have to take care of them first things that you were supposed to take care of first which is your capital because without the capital you will not really have a business to have a plan to take care of.

 

[Immilash]

The thing is that you will always have to take care of them first things that you were supposed to take care of first which is your capital because without the capital you will not really have a business to have a plan to take care of.

True. Capital is the main ingredient you need before starting your business and without capitals all you do is in vain. But apart from capitals and plans what else do we need to make our business successful.

 

[ganibade]

The things that makes business scalable is the way is patronize by customers.scalable mean to measure the way production goes on to meet customers demands.

 

[kayode10]

A working system behind a business will make it scalable. When you have a working system behind your business, it means anybody with basic knowledge of the business can run it to the profitable. The only thing you need is to duplicate the system elsewhere to expand your means.

 

[YERUS]

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.

The structure, model, function and scope of your business is what makes one know if it is run as small scale or large scale.
Scalability allows you as the business owner to know how best to structure the business and how well to manage its resources to ensure its continuity.

 

[Toyoabasi]

The structure, model, function and scope of your business is what makes one know if it is run as small scale or large scale.
Scalability allows you as the business owner to know how best to structure the business and how well to manage its resources to ensure its continuity.

You what scale your business is functioning by looking at its structure, mode of operation and scope.
Scalability help you better decide the resources and workforce required.

 

[Dagm1]

Various businesses are scalable, depending on which one you choose. One thing that everyone should know is that as entrepreneurs, we must learn how to handle all types of businesses. What matters most is the location of the business, and you must be serious about the business you choose.