HOW TO SCALE UP YOUR BUSINESS
Balance CA Balance CA Updated: June 05, 2023 Jan 20, 2024 4:41:27 PM

Scaling up isn’t just a case of letting organic growth take its course – genuine hypergrowth means achieving accelerated 20% growth over a 3-year period. A big ask for any company!

So if you’re planning to make the transition from established startup to ambitious scaleup, what are the foundational elements you need to get right?

Setting the scale-up foundations

To scale effectively, you need the right systems, the required funding and a team of people who have the skills to expand your enterprise at an accelerated pace in a short timescale.

To successfully scale your business, you need a strong strategic growth plan. But that plan will only be deliverable if you also:

  • Create systems that grow with your business – so you have the systemised processes and software automation needed to drive scalable efficiency.
  • Upscale your sales and marketing – to raise your brand profile, boost sales and create quality customer experiences and interactions in a competitive marketplace.
  • Access the right level of funding – by working with lenders, private investors and commercial experts to find the additional cash needed to fuel your growth.
  • Build a team that can deliver your growth plan – with people on board who share your core vision and have the motivation, talent and flexibility to drive expansion.

With these foundations in place, you’re ready for growth!

Talk to us about achieving your scale-up goals

If your business is looking to looking to scale, we’ll help you create a meaningful growth plan that gets your systems, funding and resources ready for take-off.

Get in touch to start planning your scaleup.