Business & Management

Every businessman wants to increase revenues, maximize profits, and sustainable growth for his business. Scaling your business is the only solution to achieve these objectives. Scale is not a simple growth like increasing revenue from 500k to 600k. As you grow your business, you enhance your business operations. You need more offices, more staff and more units to produce. It will also increase the cost of doing business. Increase in revenue directly proportional to increase in expenses, so that profit margin remains the same or sometimes declines in percentage.  Now let's understand what is scalability? Scalability of a business is the ability to exponentially grow 💹📈 on its own. Not only grow faster but at an exponential rate. A simple growth may be UpTo 15% or 30%. But with scalability the growth rate may be UpTo 100%, 200% or even more. Before scaling your business, it is very necessary to know the predictability of your business. You must focus on establishing a predictable r