Tag: scaling a business

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8 Step-by-Step Guide To Hiring a Smart Business Assistant and Focus Only On Increasing Your Business Value

Although it can be a rewarding journey, being an entrepreneur also has its share of difficulties. You must be a jack of all trades and a master of all hats if you want to succeed in running a business. If you're managing a tiny firm, this might be a daunting undertaking. You must juggle a number of tasks, including managing finances, providing customer service, developing marketing strategies, and managing daily operations. In particular, entrepreneurs, who have just started their business, are burdened with a variety of tasks related to their enterprise, including accounting, day-to-day operations, traveling, scheduling meetings, offering basic… Continue Reading
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10 Factors to Consider Before Scaling Your Business Towards Growth

While the global corporate community world aims for rapid growth, scaling your business towards growth does not come easy. In fact, not everyone is suitable for growth. This is the main paradox the startup community faces when it comes to venture-backed businesses. For instance, angel investors expect a profitable exit within 5 years of the founding round, preferably sooner. Different VC studies report anywhere from 4 years to 6.3 years on average. This requires a business growth plan that scales really, really fast, even at the expense of generating loss over the first couple of years. Loss is accumulated due… Continue Reading