Want to Scale up your Startup? Here are 5 Simple Steps to Rely on
Ask If the Company Can Handle Scale-up
Is the company ready for Scaling? This should be the first question to strike while planning for a scale-up. Analyzing the right time to initiate the growth plan of the company is a crucial step. Due to premature scale-up, many organizations have doomed. According to Startup Genome, about 74 percent of startups have shut down, citing early scale-up. Hence, before gearing up for Scaling, one should check if the organization is in the state to accept the changes made. The company should plan the required strategy to elevate sales. Furthermore, it should also check for the availability of the workforce and resources to meet the project requirements that the company would commit to.