Marketing and Business Intelligence

How to get a scalable business?

Picture of Jesús García Gil
Jesus Garcia Gil
Would you like to know methods to achieve a scalable business? Enter this post and find out about it.
business-scalable
Contents

When build a scalable business, whether as a personal project or with the participation of partners, we want it to grow and have success quickly. But for our business or company to develop, we must find a way to do it without losing customers or reducing the quality of service. We can carry out this business process in the best way by applying Scalability. With this method, we search increase revenue and make our company succeed in all markets with the minimum cost level.

What is business scalability?

The term scalability of a business defines the capacity of a power company multiply your income without having to increase your costs. This will greatly increase its growth potential, even promoting it internationally. Actually, it is defined as all marketing strategies and design of the business model, making expenses grow linearly and revenues increase exponentially.

scalable business

Can any company be a scalable business?

Every company is different when it comes to be scalable, however there were business models that did not have the possibility of scaling. For example, a clothing store in a town has little room for scalability.

But then, how has Amancio Ortega managed to expand Inditex's clothing brands throughout the world? Well, due to the business model, there are no bad or good companies or sectors, there are only people who know how to carry them out correctly or not. With the arrival of the Internet, it could be said that practically all businesses can scale to perfection.

Characteristics of a scalable business

For a business to have a wide growth margin It must present a series of characteristics, such as the following:

  • Steady improvement. Businesses that can scale are always looking for improvements that can boost it, optimizing its processes and the costs of its services.
  • Adaptability. The growth of a business is not born in a proposal, therefore, for its correct effectiveness, the business must be open to reinvent yourself during the time.
  • Volume of users, the infrastructure of a scalable business must be capable of supporting a huge volume of users, without the need to resort to additional costs.
  • Internationality. Being one of the main growth objectives, our business must be able to internationalize to achieve full growth.

These characteristics make the possibility of scaling be much older. But it is also important to present in our company some pillars that identify or differentiate it from the others. We must guarantee anticipation of the needs that may arise during growth, allowing the business development be done in a controlled manner.

Taking into account the expected growth of our business it is important to have the necessary amount of resources. On the other hand, it is significant to be able to adapt to the new frontiers that are reached and guarantee a minimum base of resources to boost scalability.

scalable business

Why does a scalable business fail on many occasions?

There are many companies that work well and, when they take the step to internationalization or expansion within the same national territory, they go bankrupt.

But… how is it possible?

Most companies focus on producing more, or going faster. However, they rarely focus on optimize what they already have, thus lowering production costs to increase revenue.

scale a business Without having full control of costs it's like going for a run in flip flops, you can do it but you won't get very far.

That is why we present you Zoho Expenses. This tool allows you to obtain all your costs at a glance, knowing what percentage is allocated to salaries, what percentage is allocated to marketing, innovation, technology...etc. All this will give you a better basis to face the great challenge and achieve a high scalability of your business.

Click here for more information on the functionalities of the tool.

Advantages of a Scalable Business

Having a scalable business, will provide your business with different advantages such as the ones listed below:

  • You can adapt to customer needs and offer a most personalized product or service possible.
  • The resources used for your business will vary based on your needs.
  • revenue will grow faster than costs. That is, you will earn more.
  • You can react and make changes faster before the variations that appear constantly in the market. If you adapt quickly, before your competition, you will have an advantage.
  • possibility of continuous improvement. The idea of ​​a scalable business is to improve more and more, and not stagnate.

What do you think about everything related to scalable business? Do you think it is important that yours is? If you would like more information on how to achieve all this in your business, do not hesitate to contact us.

specialized experts

Are you interested in having a Scalable Business?
We have a specialized expert team that will help you in your projects.
Contact Us

Job Title
How to get a scalable business?
Article name
How to get a scalable business?
Description
Would you like to know methods to achieve a scalable business? Enter this post and find out about it.
Author
Posted by
Millennials Consulting SL
Logo

OUR CUSTOMERS THINK

Beatriz Saavedra Santos
Beatriz Saavedra Santos
23. May, 2024.
Unbeatable team, absolute availability, service of 10. They have done the impossible in record time. Thanks for everything.
Walter Bulnes
Walter Bulnes
8. May, 2024.
It is a pleasure to greet you, we are a Chuck E. Cheese franchisee for Honduras, we had the opportunity to develop the Plan SEO with Millennials which has been very favorable, on our part we are very grateful and satisfied with the work done by the consultants who provided us with support (Álvaro Poveda/Enrique Monzó), very professional, very assertive, I can recommend them to potential clients who want this support.
Daniel Suarez
Daniel Suarez
17. April, 2024.
We have collaborated with Millennials Consulting for the implementation of CRM and other Zoho modules. The experience has been very positive, highlighting his professionalism and knowledge. The team of Millennials was well suited to our needs, ensuring a smooth and efficient integration. Additionally, they assisted us with the process to obtain grants from the Kit Digital, which we greatly appreciate. I recommend to Millennials Consulting to those who need to implement Zoho solutions effectively.
Retirement Group
Retirement Group
17. April, 2024.
We have worked very well with them. Very good project organization and availability. Our consultant CRM José Iñesta has always guided and advised us very accurately. Totally recommended
Zine Hospitality
Zine Hospitality
22. March, 2024.
José showed a deep knowledge of the CRM and a great ability to adapt it to our specific needs. He effectively guided us through the implementation of bluePrints, workflows and fields in different modules, providing us with useful solutions and advice for our business. Thank you for your patience and dedication!

WHY TRUST IN MILLENNIALS CONSULTING?

team photo millennials 2023
COMPANIES have trusted us and digitized their business in MC
0
PROJECTS have been contracted by companies in the last 2 years.
0
of companies REPEAT working with Millennials Consulting in new projects.
0 %

SOME COMPANIES THAT TRUST US

LAST ENTRIES OF THE BLOG

OUR LOCATIONS

Madrid

Raimundo Fernández Villaverde, 61, 5º Iz, 28003 Madrid

Novelda

C. Mª Cristina 74, ground floor, 03660

Palma de Mallorca

Gran Via Asima 2 Floor 9 07009

Santa Cruz de Tenerife

Local Boston Street No. 2, 38650

Guadalajara - Mexico

Córdoba 2562, Providencia 3a. Sect, 44630.

Vitacura - Chile

Av Tabancura 1515 Office 309, 7630000 Vitacura.

E-MAIL US

DIGITALIZE YOUR COMPANY

CRM

We manage your business processes through software Zoho CRM for Business, which has an "all in 1" suite to manage your entire company, more than 40 tools interconnected with each other to better reach your business strategy.

SEO

It is not just being on the internet, your customers must find you through search engines. In Millennials Consulting We manage strategies positioning SEO so that your potential customers reach you first before your competition.

The website is the main letter of introduction of your business on the internet. "If you're not on the internet, you don't exist." A web design that communicates and reach your users will make the difference between your users and competitors by increasing your web traffic.

La digital strategies they are growing and we must be on the sidelines of this progress, that is why we connect tools that help to meet objectives.

We apply strategies Business Intelligence analyzing business data. We use the most sophisticated tools in the treatment and analysis of business data.

The connectivity of digital tools is one of our main pieces of digitization, using our alliances with partnerdigital s.

Get to know our network of Partners