A Three Step Action Plan to Scaling a Small Business

Are you ready to scale?

There are many definitions of scalability, with the definition changing depending on what market you are referring to but I kind of like the basic Wikipedia definition:

Scalability is the capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged in order to accommodate that growth.

I was always told to be wary of anything written on Wikipedia so I did look around for better definitions but have settled on that one (if you know a better one you can let me know).

Very simply put, a scalable business is one where you have the systems and processes in place so when the business grows you have the capability and the infrastructure to grow with it.

Naturally some businesses are more difficult to scale than others, depending on the industry and depending on the service or product offered.

Click below to read the full article by William Bakhos for Toggl Blog

Source:Envolve