I found this article listing ways to scale your business and thought it was spot on. Here are a few highlights to get you warmed up:
The art of scaling takes some mastery. Companies don’t grow by themselves. Here are some key lessons we can learn for sustainable, healthy growth:
1. Establish a glossary of terms for your team.
This often overlooked step combats jargon, which creates confusion and inefficiency. Make sure you have a clear definition of all those terms that get thrown around in meetings and on sales calls.
2. Define success on a company level and within departments.
Make sure communication channels are open and remember a win for an individual or department may not necessarily move the company forward. So take the company-wide success goals and break them down into departmental success goals.
3. Invest in what’s working best for you.
It’s easy to imagine all the wild success you’d be enjoying if only you could spend a little more money. “With limited resources,” says Jacobs, “don’t fall for the software and headcount fantasy about what you would be doing if only you could afford it. Invest in the group making do with less and quietly getting it done.”
By putting your money into what’s already working, you’re empowering the company’s most competent and productive team members to go even further. That’s going to get more mileage from your budget.
Interested in knowing more? Find the full article here and let me know what you think. You can also direct any questions to my email email@example.com, or call me on 0488 548 854 if you want to discuss!