Learn How to Scale Your Business
Scaling Your Business
It's time to realize that it's not about you-it's about your customers. In business, many people will pay lip service to the term "scaling your business"
There comes a stage in every business when just Passion or Hard work won’t help. Remember the famous line, “If you want to go fast, go alone. If you want to go far, go together.” When a business is able to scale their operations, this means that they are able to handle a growing amount of work or sales but in a capable, cost-effective manner. This session will look at what it means to scale your business and the difference between growth and scaling up. It will also help you with different ways companies can scale their operations to continue to be competitive in the marketplace.
Challenges of Business Owners
This section intended to discuss the challenges of business owners in todays fast moving competitive environment. It started with a discussion on three main goals of a business owner where delegates agreed that the ultimate objective is to build a business, capitalize it or sell it and make a profitable exit.
Aspects of Scaling Up
This section focused on understanding the three aspects of scaling up a business which included understanding the business lifecycle, how to improve business valuation and increase the capacity.
When & Where to Start Scaling Up.
During discussions about business lifecycle, delegates were informed about the phase where most of the businesses start scaling up, discussion focussed on identifying if that is the right time or not.
3 ways LSF can support
Last but not the least, this section focussed on helping the delegates understand how LSF can help them in achieving their business goals and how the services offered by LSF are most relevant and needed for them
- The different stages of Business Life Cycle
- Explora the challenges of Scaling up and
- Takeaway Best practices to Scale Up your Business.
Who Should Enroll:
Business Owners & Startups ready to SCALE