Scaling a business brings challenges that can overwhelm unprepared owners.
And as those challenges mount up, the forward momentum gets stalled..
It’s a pity, because many viable companies plateau and then implode, under the weight of stresses they failed to anticipate and tackle head on.
It doesn’t have to be this way, if you get the right systems, people and plan in place…
Here’s a quick outline of 4 big scaling challenges – along with targeted measures to overcome each specific struggle.
🟠 Infrastructure → Hire specialists to come in and build out the entire systems and workflow automations you need to acquire, retain and fulfil your customers at scale. Possibly the best investment you’ll make if you want next level growth.
🟠 Funding Gaps → Boostrap where possible and take on investment once the model works and it’s at sufficient scale and valuation to make sense. Consider alternative financing like venture debt and government grants.
🟠 Too Many Hats → Delegate early and in a way which pays for itself. Think about commission-heavy sales roles to build momentum quickly. Be creative about brining heavyweights into your team, even on a fractional basis.
🟠 Culture → Can’t be imposed. Communicate clearly, consistently and remember it’s a two-way street. Reward behaviours which reinforce the values of the business you are building.
#sme #business #exitlaunchpad #M&A #mergers #acquisitions