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768px){.axp-forum-content-list__tag__responsiveMargin___5b3aT{margin-right:1.875rem}}.axp-forum-content-list__tag__smallButtonSize___2S_5P{padding:12px 25px}.axp-forum-content-list__tag__smallButtonFont___fRCiS{letter-spacing:2px;font-size:15px}.axp-forum-content-list__tag__textLink___FRANb::after{content:">";position:absolute;right:-0.8em;top:50%;transform:translateY(-50%)}.axp-forum-content-list__tag__topicFonts___D2-12{font-family:"BentonSans-Bold","BentonSans";font-size:1rem;line-height:1.375rem;width:230px}.axp-forum-content-list__tag__topicLink___HNoc5{content:"";position:absolute;right:.1rem} .axp-forum-content-list__tab__tabContent___1FPEQ{margin-left:-10px;margin-right:-10px}@media(min-width: 768px){.axp-forum-content-list__tab__tabContent___1FPEQ{margin-left:20px;margin-right:-10px}}</style><style class="ssr-css">@media(min-width: 1024px)and (max-width: 1366px){.axp-forum-editorial-container__EditorialContainer__removeOffset___3nG6_{margin-left:8% 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data-ssr="true">._featuredHeadingStyles_10b2b_1{font-size:1rem!important;font-weight:600;line-height:1.375rem}._customLogoStyle_10b2b_7{max-height:90px}._lgImageWrapper_10b2b_11{max-height:100px}._customSearchBox_10b2b_15 input{caret-color:#97999b!important}._customSearch_10b2b_15{background-color:transparent}._mobilePosition_10b2b_23{bottom:42px;right:5px}@supports (font:-apple-system-body) and (-webkit-appearance:none){._mobilePosition_10b2b_23{bottom:40px}}._searchPosition_10b2b_33{margin-top:-3.5rem}._customSearchBox_10b2b_15{position:absolute;right:0;top:-5px;z-index:0}._customSearchBox_10b2b_15 div input{background-color:#f7f8f9;width:300px}@media (min-width:768px) and (max-width:1023px){._customSearchBox_10b2b_15 div input{width:320px}}@media (min-width:425px) and (max-width:767px){._customSearchBox_10b2b_15 div input{width:400px}}@media (min-width:321px) and (max-width:424px){._customSearchBox_10b2b_15 div input{width:350px}}@media (max-width:320px){._customSearchBox_10b2b_15 div input{width:300px}}._customSearchBox_10b2b_15 input::placeholder{color:#8e9092!important}._customSearchBox_10b2b_15 input:-ms-input-placeholder{color:#8e9092!important}._zIndex1_10b2b_74{z-index:1}@media (max-width:414px){._mobileHeroWidth_10b2b_79>img,::-ms-backdrop{width:100%!important}._customContainer_10b2b_82{flex-direction:row-reverse}}._breadCrumb_10b2b_86{scrollbar-width:none;-ms-overflow-style:none}._breadCrumb_10b2b_86 li:last-child{color:#333}._breadCrumb_10b2b_86::-webkit-scrollbar{background:transparent;width:0}._responsiveFeaturedSection_10b2b_98{display:block!important;font-size:1rem;font-weight:800;line-height:1.2em!important;margin:0 auto!important;padding-top:0!important}._responsiveFeaturedSection_10b2b_98 a{margin:0;padding:0;width:100%}._breadcrumbPadding_10b2b_112{padding-bottom:1rem}._headerPadding_10b2b_116{margin-bottom:3rem}._customTagPad_10b2b_120 button{padding-bottom:1.55rem!important;padding-top:1.55rem!important}@media (min-width:768px){._customTagPad_10b2b_120 button{padding-bottom:1.5rem!important;padding-top:1.5rem!important}}</style> </head> <body class="trends-insights-outer-wrapper axp-forum-root__ForumRoot__removeOverflowHidden___2tyvt"> <div id="root"><div data-module-name="axp-forum-root"><div class="body"><div class="trends-insights-inner-wrapper"><main><div class="forum-wrapper" data-bti-module-name="axp-forum-page-wrapper" data-testid="axp-forum-page-wrapper"><div class="width-full _stickyContainer_1o41p_122"></div><div class="container row margin-center _tabletHeaderWidth_1o41p_133"><div id="btiHeader" class="pad-1-l margin-4-b flex width-full margin-2-t-md-up flex-align-end flex-column blueUnderline"><div class="row width-full pad-2-t-md-up margin-0-r _headerPadding_10b2b_116"><div id="featuredList" class="flex-column col-md-4 pad-0-l hidden-sm-down trending-topics-section pad-1-b pad-0-lr position-relative zIndex1"><div class="tagsWrapper display-inline-block container margin-0-l 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axp-forum-editorial-container__EditorialContainer__editorialWrapper___142Yl" data-bti-module-name="axp-forum-editorial-container"><div id="editorialHeader" class="col-sm-12 pad-0-lr margin-1-l-sm-down pad-table-sm-lr axp-forum-editorial-container__EditorialHeader__editorialHeaderWrapper___288lx" data-bti-module-name="axp-forum-editorial-header"><div><div id="headerMain" class="pad-0-lr container"><div class="row"><div class="col-sm-12 col-md-10 pad-1-l axp-forum-editorial-container__EditorialHeader__marginLeftZeroLg___3MCWu axp-forum-editorial-container__EditorialHeader__postTitle___3kCK9"><h1 class="heading-6 axp-forum-editorial-container__EditorialHeader__postTitle___3kCK9 axp-forum-editorial-container__EditorialHeader__editorialHeader___2AnA8">Guide to Business Scaling: Strategies for Success</h1></div></div><div class="margin-2-t margin-3-b position-relative hidden-sm-down axp-forum-editorial-container__EditorialHeader__headerImageContainer___B9UPX"><img id="headerImage" alt="two 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role="button" tabindex="0" class="SocialMediaShareButton SocialMediaShareButton--facebook axp-forum-social-share-tools__ForumSocialShareTools__shareButton___3uPL4"><img alt="Facebook Icon" src="https://www.aexp-static.com/cdaas/one/statics/axp-static-assets/0.3.0/package/img/social/social-network-facebook.svg"/></div><div role="button" tabindex="0" class="SocialMediaShareButton SocialMediaShareButton--linkedin axp-forum-social-share-tools__ForumSocialShareTools__shareButton___3uPL4"><img alt="LinkedIn Icon" src="https://www.aexp-static.com/cdaas/one/statics/axp-static-assets/0.3.0/package/img/social/social-network-linkedin.svg"/></div><div role="button" tabindex="0" class="SocialMediaShareButton SocialMediaShareButton--email axp-forum-social-share-tools__ForumSocialShareTools__shareButton___3uPL4 axp-forum-social-share-tools__ForumSocialShareTools__email___3oDGk"><div role="button" id="emailShare" aria-label="Email Share" class="axp-forum-social-share-tools__ForumSocialShareTools__emailIcon___4lnRI icon dls-icon dls-icon-email dls-bright-blue"></div></div></div></div></div><div></div></div></div><div class="pad-0-l container col-md-8 margin-center"><div class="row"><div class="col-md-8 axp-forum-editorial-container__EditorialHeader__authorDetails___1SPJY"><div><div class="flex flex-align-items-center flex-wrap axp-forum-author__Author__authorDefault___2BVWv" data-bti-module-name="axp-forum-author" data-bti-module-variant="default"><div class="axp-forum-author__Author__authorInfoWrap____u6Se"><div><a class="" href="/en-us/business/trends-and-insights/authors/alexandra_levit/"><span class="heading-3 text-capitalize">Alexandra Levit | American Express Business Class Freelance Contributor</span></a></div></div></div></div></div></div></div><div class="pad-0-l container col-md-8 margin-center"><div class="margin-1-r-sm-down row"><div id="articleSummary" class="pad-1-l margin-3-tb axp-forum-editorial-container__EditorialHeader__summarySection___fSrf2"><div class="dls-white text-align-center col-md-3 col-sm-5 heading-5 pad-0-t margin-2-b-xl-down axp-forum-editorial-container__EditorialHeader__textOverlayFontOverrides___3jeD_">Summary</div><div class="dls-bright-blue pad-3-r-md-up pad-1-r axp-forum-editorial-container__EditorialHeader__blueUnderline___1KIUu axp-forum-editorial-container__EditorialHeader__summaryText___176Hi"><p>Do you have a scalable business? This guide to business scaling and strategies includes tactics to help you learn more about building and expanding a scalable business.</p> </div></div></div></div></div><div id="editorialBody" class="container pad-t-sm-down pad-0-l" data-bti-module-name="axp-forum-editorial-body"><div class="row"><div class=" axp-forum-editorial-body__editorial__postBodyPadding___2aORD pad-2-lr-sm-down col-xs-12 col-sm-12 col-md-12 "><div id="editorialPostContent" class="axp-forum-editorial-body__editorial__postContent___2LwVN axp-forum-editorial-body__blockquote__postContent___5SNSe editorialContent pad-3-b"><h2 class="display-none"></h2><h3 class="display-none"></h3><h4 class="display-none"></h4><h5 class="display-none"></h5><h6 class="display-none"></h6><ul class="display-none"></ul><ol class="display-none"></ol><p><i>This article contains general information and is not intended to provide information that is specific to American Express, or its products and services. Similar products and services offered by different companies will have different features and you should always read about product details before acquiring any financial product.</i>    </p> <p>A scalable business grows in such a way that revenue increases faster than costs. Many owners want to scale a business because if they can increase income without significantly accumulating expenses, they can boost profitability. A scaled business is in a position to move full speed ahead without being held back by structural or resource constraints.     </p> <p>Sensible business scaling requires knowledge of the overall concept of how to scale a business, as well as how it can be applied to your company’s growth plan and the individual strategies you’ll want to incorporate to get there.     </p> <h2>Understanding Business Scaling    <b></b></h2> <p>Some business owners judge the success of their companies by whether they’ve increased sales and revenue. However, these metrics alone don’t guarantee that a company will survive. Business scaling, which involves planning and executing a long-term strategy with the right people, processes, and products, may be a more reliable approach for securing your company’s future.     </p> <blockquote>Your loyal customers may have excellent scaling ideas. Collect customer feedback in the form of online surveys, product reviews, and personal outreach.  </blockquote> <p>The potential benefits of business scaling include improved operational efficiency, brand visibility and reputation, market expansion, and competitive performance. Many companies have scaled effectively because they have continuously expanded their offerings while innovating new ways to do business that keep costs down.     </p> <h3>Determine Your Unique Selling Proposition     </h3> <p>Developing a scalable business model begins with a <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/5-steps-to-determine-your-unique-selling-point/" class="link-underlined text-link linkout" title="unique selling proposition"><span>unique selling proposition</span></a> (USP), which is a short statement explaining what sets your business apart from its competitors. A USP can involve factors that influence your customers to choose your product or service, including price and degree of quality or convenience as well as a “certain something.” How does your product or service make customers feel? What does it do to make their lives better?    </p> <p>Critical steps in creating your USP include identifying your target audience, knowing your competition inside and out, defining your benefits, and communicating them authentically and memorably.    </p> <h3>Explore Various Funding Options     </h3> <p>Now that you have your USP, how will you provide the financial fuel for your business to grow? Fortunately, there are many resources available for businesses requiring capital to scale. For instance, a <a href="https://www.americanexpress.com/en-us/business/blueprint/resource-center/finance/understanding-lines-of-credit/?refid=amex_bti&amp;utm_source=amex_bti&amp;utm_medium=article&amp;utm_campaign=lending&amp;utm_content=proven_business_strategies" class="link-underlined text-link linkout" title="business line of credit"><span>business line of credit</span></a> can be a flexible financing tool that may help address cash-flow shortages. With a line of credit, a borrower can draw funds as needed from their credit line up to the available line amount, and only pay interest or loan fees on the amount borrowed. (American Express offers a business line of credit, which may have different features and terms from the business line of credit products that are discussed in this article.)    </p> <h3>Develop a Strong Team     </h3> <p>Business scaling requires the right people for the job. Taking the time to systematically recruit strong candidates could help ease your transition from a small business to a medium-to-large size enterprise. Additionally, regardless of your size, <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/how-to-avoid-bad-employees/" class="link-underlined text-link linkout" title="hiring the wrong employees"><span>hiring the wrong employees</span></a> could drain company resources, lower productivity, and turn off employees and customers, and may even damage your company’s reputation and performance.     </p> <h3>Implement Effective Marketing Strategies     </h3> <p>When scaling a company, you may want to minimize marketing expenses and use tactics that might yield cost-effective results for your type of business – especially <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/5-types-of-online-marketing-strategies-businesses-of-all-sizes-can-use/" class="link-underlined text-link linkout" title="online"><span>online</span></a>.     </p> <h3>Monitor and Adapt to Market Trends     </h3> <p>You might track market trends in your industry or niche by using a trend discovery tool, tracking the <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/stickiness-a-way-to-measure-the-success-of-marketing-and-content/" class="link-underlined text-link linkout" title="stickiness"><span>stickiness</span></a> of content produced by up-and-coming players, and following influencers and competitors on social media.     </p> <h3>Expand Your Customer Base     </h3> <p>While personal referrals can be an effective way to <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/7-excellent-ways-to-attract-new-customers/" class="link-underlined text-link linkout" title="attract new customers"><span>attract new customers</span></a>, you might also expand your reach by contacting former customers, attending in-person events, partnering with complementary businesses, and refreshing your online presence.     </p> <h3>Measure Growth With Key Performance Indicators     </h3> <p>Key performance indicators (KPIs) are quantifiable measures that can help businesses and individuals track their progress toward goals. KPIs for scaling businesses include sales generated, deals closed, number of views, overall conversions, and cost to acquire customers.     </p> <h2>Building a Scalable Infrastructure     </h2> <p>Another key consideration for successful business scaling is your infrastructure. When your business has a scalable infrastructure, it could increase or decrease in size depending on shifting market conditions, customer demand, and internal workloads. Scalable business infrastructures could adapt to today’s business realities without sacrificing performance or quality or experiencing runaway spending.     </p> <p>The components of a scalable infrastructure might include streamlined and well-documented processes as well as incorporation of new technology and digital transformation strategies such as the use of cloud computing and services. Conducting a thorough audit of your current IT and operational infrastructure and pinpointing the weak spots and barriers to growth could be a place to start.     </p> <p>The following strategies may also assist you in building a scalable infrastructure.     </p> <h3>Create Sustainable Growth     </h3> <p>Small businesses building scalable infrastructures may aim to <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/how-to-plan-for-and-invest-intelligently-in-business-growth/" class="link-underlined text-link linkout" title="finance growth sensibly"><span>finance growth sensibly</span></a> through a combination of strategies including credit cards, small-business loans, merchant financing, and equity investment. Understanding the mix that’s best for your business requires advance planning and forethought.     </p> <h3>Identify Target Marketing Channels     </h3> <p>When it comes to marketing presence, a growing business simply can’t be everywhere. Rather, consider zeroing in on places your target market is already frequenting and speak directly to them there.     </p> <h3>Use Content Marketing and Branding     </h3> <p>Content marketing can create positive brand awareness by providing high-quality answers to customer questions related to the products and services you sell. When <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/how-content-marketing-can-elevate-a-business-marketing-strategy/" class="link-underlined text-link linkout" title="creating content"><span>creating content</span></a>, be as original as possible and showcase pieces that are in-depth and well-researched.     </p> <h3>Target New Demographics     </h3> <p>You may leverage <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/7-tools-to-help-improve-your-customer-behavior-analysis/" class="link-underlined text-link linkout" title="customer behavior analysis"><span>customer behavior analysis</span></a> tools to help uncover potential new demographic segments. Your insights may also help you build out products and services that address new segments’ needs.     </p> <h3>Balance Quality and Quantity     </h3> <p>Look for areas of your business where you could <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/7-tips-to-help-reduce-business-expenses-without-sacrificing-quality/" class="link-underlined text-link linkout" title="reduce costs"><span>reduce costs</span></a> without sacrificing the customer experience. For instance, consider things like reducing energy expenses, buying in bulk, finding less expensive suppliers, and outsourcing tasks.     </p> <h3>Leverage Customer Feedback     </h3> <p>Your loyal customers may have excellent scaling ideas. Collect <a href="https://www.americanexpress.com/en-us/business/trends-and-insights/articles/3-ways-to-keep-customers-coming-back/" class="link-underlined text-link linkout" title="customer feedback"><span>customer feedback</span></a> in the form of online surveys, product reviews, and personal outreach. Customers may be more likely to respond to feedback requests if you contact them directly, indicate that you care what they have to say, and take immediate action on their suggestions.     </p> <p>You might think of a business scaling plan as setting the table for a decadent feast. A comprehensive effort in this direction reflects your enthusiasm and optimism about your business’s direction. Not only can it help ensure measured growth and incremental progress toward your long-term goals, but it may also help you take advantage of new opportunities down the line.  </p> <p><i>Photo: Getty Images</i>  </p> <p><i>The material made available for you on this website is for informational purposes only and is not intended to provide legal, tax or financial advice. If you have questions, please consult your own professional legal, tax and financial advisors.</i>  </p> </div></div></div></div><p id="publishedDate" class="pad-2-t-md-down pad-0-b margin-1-b axp-forum-editorial-container__EditorialContainer__simpleText___3k46m"><b>Published: </b><span>December 30, 2024</span></p><p id="updatedDate" class="pad-0-b margin-2-b axp-forum-editorial-container__EditorialContainer__simpleText___3k46m"><b>Updated: </b><span>January 08, 2025</span></p><div class="container"><div class="col-xs-12 col-sm-12 col-md-8 col-md-offset-2 margin-2-t text-align-right undefined axp-forum-editorial-container__EditorialContainer__removeOffset___3nG6_"><div class="axp-forum-social-share-tools__ForumSocialShareTools__btiShareTools___3vRql " data-bti-module-name="axp-forum-social-share-tools"><div role="button" tabindex="0" class="SocialMediaShareButton SocialMediaShareButton--twitter axp-forum-social-share-tools__ForumSocialShareTools__shareButton___3uPL4"><img alt="Twitter 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This guide to business scaling and strategies includes tactics to help you learn more about building and expanding a scalable business.</p>\n"}</script><script data-react-helmet="true" type="application/ld+json">{"@context":"http://schema.org","@type":"Article","mainEntityOfPage":{"@type":"WebPage","@id":"https://www.americanexpress.com/en-us/business/trends-and-insights/articles/guide-to-business-scaling-strategies-for-success/"},"headline":"Guide to Business Scaling: Strategies for Success","articleSection":["Planning for Growth","Business Expansion","Growth Opportunities"],"description":"Do you have a scalable business? This guide to business scaling and strategies includes tactics to help you learn more about building and expanding a scalable business.\n","image":{"@type":"ImageObject","url":"https://icm.aexp-static.com/content/dam/contenthub/us/en/ach-images/2024/12/GuidetoBusinessScalingStrategiesforSuccessheader.jpg"},"datePublished":"2024-12-30T16:17:25-05:00","dateModified":"2025-01-08T18:35:15-05:00","keywords":[],"author":{"@type":"Person","name":"Alexandra Levit | American Express Business Class Freelance Contributor"},"publisher":{"@type":"Organization","name":"American Express","logo":{"@type":"ImageObject ","url":"https://icm.aexp-static.com/content/dam/contenthub/us/en/images/design-elements/AXP_BlueBoxLogo.jpg"}},"articleBody":"This article contains general information and is not intended to provide information that is specific to American Express, or its products and services. Similar products and services offered by different companies will have different features and you should always read about product details before acquiring any financial product.&nbsp;&nbsp; &nbsp;\nA scalable business grows in such a way that revenue increases faster than costs. Many owners want to scale a business because if they can increase income without significantly accumulating expenses, they can boost profitability. A scaled business is in a position to move full speed ahead without being held back by structural or resource constraints.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nSensible business scaling requires knowledge of the overall concept of how to scale a business, as well as how it can be applied to your company’s growth plan and the individual strategies you’ll want to incorporate to get there.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nUnderstanding Business Scaling&nbsp;&nbsp;&nbsp;&nbsp;\nSome business owners judge the success of their companies by whether they’ve increased sales and revenue. However, these metrics alone don’t guarantee that a company will survive. Business scaling, which involves planning and executing a long-term strategy with the right people, processes, and products, may be a more reliable approach for securing your company’s future.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nYour loyal customers may have excellent scaling ideas. Collect customer feedback in the form of online surveys, product reviews, and personal outreach. &nbsp;\nThe potential benefits of business scaling include improved operational efficiency, brand visibility and reputation, market expansion, and competitive performance. Many companies have scaled effectively because they have continuously expanded their offerings while innovating new ways to do business that keep costs down. &nbsp; &nbsp;&nbsp;\nDetermine Your Unique Selling Proposition&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nDeveloping a scalable business model begins with a unique selling proposition (USP), which is a short statement explaining what sets your business apart from its competitors. A USP can involve factors that influence your customers to choose your product or service, including price and degree of quality or convenience as well as a “certain something.” How does your product or service make customers feel? What does it do to make their lives better?&nbsp;&nbsp;&nbsp;&nbsp;\nCritical steps in creating your USP include identifying your target audience, knowing your competition inside and out, defining your benefits, and communicating them authentically and memorably.&nbsp;&nbsp;&nbsp;&nbsp;\nExplore Various Funding Options&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nNow that you have your USP, how will you provide the financial fuel for your business to grow? Fortunately, there are many resources available for businesses requiring capital to scale. For instance, a business line of credit can be a flexible financing tool that may help address cash-flow shortages. With a line of credit, a borrower can draw funds as needed from their credit line up to the available line amount, and only pay interest or loan fees on the amount borrowed. (American Express offers a business line of credit, which may have different features and terms from the business line of credit products that are discussed in this article.)&nbsp;&nbsp;&nbsp;&nbsp;\nDevelop a Strong Team&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nBusiness scaling requires the right people for the job. Taking the time to systematically recruit strong candidates could help ease your transition from a small business to a medium-to-large size enterprise. Additionally, regardless of your size, hiring the wrong employees could drain company resources, lower productivity, and turn off employees and customers, and may even damage your company’s reputation and performance.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nImplement Effective Marketing Strategies&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nWhen scaling a company, you may want to minimize marketing expenses and use tactics that might yield cost-effective results for your type of business – especially online.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nMonitor and Adapt to Market Trends&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nYou might track market trends in your industry or niche by using a trend discovery tool, tracking the stickiness of content produced by up-and-coming players, and following influencers and competitors on social media.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nExpand Your Customer Base&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nWhile personal referrals can be an effective way to attract new customers, you might also expand your reach by contacting former customers, attending in-person events, partnering with complementary businesses, and refreshing your online presence.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nMeasure Growth With Key Performance Indicators&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nKey performance indicators (KPIs) are quantifiable measures that can help businesses and individuals track their progress toward goals. KPIs for scaling businesses include sales generated, deals closed, number of views, overall conversions, and cost to acquire customers.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nBuilding a Scalable Infrastructure&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nAnother key consideration for successful business scaling is your infrastructure. When your business has a scalable infrastructure, it could increase or decrease in size depending on shifting market conditions, customer demand, and internal workloads. Scalable business infrastructures could adapt to today’s business realities without sacrificing performance or quality or experiencing runaway spending.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nThe components of a scalable infrastructure might include streamlined and well-documented processes as well as incorporation of new technology and digital transformation strategies such as the use of cloud computing and services. Conducting a thorough audit of your current IT and operational infrastructure and pinpointing the weak spots and barriers to growth could be a place to start.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nThe following strategies may also assist you in building a scalable infrastructure.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nCreate Sustainable Growth&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nSmall businesses building scalable infrastructures may aim to finance growth sensibly through a combination of strategies including credit cards, small-business loans, merchant financing, and equity investment. Understanding the mix that’s best for your business requires advance planning and forethought.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nIdentify Target Marketing Channels&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nWhen it comes to marketing presence, a growing business simply can’t be everywhere. Rather, consider zeroing in on places your target market is already frequenting and speak directly to them there.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nUse Content Marketing and Branding&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nContent marketing can create positive brand awareness by providing high-quality answers to customer questions related to the products and services you sell. When creating content, be as original as possible and showcase pieces that are in-depth and well-researched.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nTarget New Demographics&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nYou may leverage customer behavior analysis tools to help uncover potential new demographic segments. Your insights may also help you build out products and services that address new segments’ needs.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nBalance Quality and Quantity&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nLook for areas of your business where you could reduce costs without sacrificing the customer experience. For instance, consider things like reducing energy expenses, buying in bulk, finding less expensive suppliers, and outsourcing tasks.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nLeverage Customer Feedback&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nYour loyal customers may have excellent scaling ideas. Collect customer feedback in the form of online surveys, product reviews, and personal outreach. Customers may be more likely to respond to feedback requests if you contact them directly, indicate that you care what they have to say, and take immediate action on their suggestions.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\nYou might think of a business scaling plan as setting the table for a decadent feast. A comprehensive effort in this direction reflects your enthusiasm and optimism about your business’s direction. Not only can it help ensure measured growth and incremental progress toward your long-term goals, but it may also help you take advantage of new opportunities down the line.&nbsp;&nbsp;\nPhoto: Getty Images&nbsp;&nbsp;\nThe material made available for you on this website is for informational purposes only and is not intended to provide legal, tax or financial advice. If you have questions, please consult your own professional legal, tax and financial advisors.&nbsp;&nbsp;\n"}</script> <script type="text/javascript" nonce="cab0068a90d3d3d4742fabd3c9f6fba0" src="/FKpTmmdN5/xpCwTgQ3/wM5dl3BG/Hs/Ypf7r6VQw0Q8/NkU-MiM/DQkOHw9R/Jk4B"></script></body> </html>

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