What makes a business scalable

[Kubiat-Abasi]

First, you should be able to map out a plan, budget the availability of capital, the number of workers, the size of the company and the goals will guide you in knowing the scale of a business.

 

[Ceeny007]

After determining your investment criteria, conducting your feasibility studies and sensitivity and risk analysis,if the business pass the tests then it's scalable

 

[Ralphjoe]

Always at crux, it is one that focuses on the implementation of processes that lead to an effective operation is a scalable business. The company's workflow and structure allow for scalability. ... A scalable business has efficient measurement tools, so it is possible to evaluate and manage the entire business at each level.

For me what really contribute to the ability to released be able to measure the performance of the business is having competent managers in place and also having good accountant and record keepers in place that will give records that will be used in measuring the performance of a business.

 

[Ezekiel]

What makes a business scalable to me is the ability of that business to have a plan work with the plan and implement every ideals in the business plan to yield effective productivity

 

[Shigobad20201]

I believe there's no business in This entire world that's not scalable, and as a good business man and an entrepreneur, you must be able to handle your business with seriousness .

All business are scalable it depend on the one you are going for, one things everyone need to no is that we most learn how to handle all business as an entrepreneurs and what really matter is business location and most be serious on the business you are going for that what you need to know about scalable

 

[Setho]

Businesses are going to be scalable if you are doing the basics right like not spending so much on things that you did not need and doing the right marketing at a time.

 

[Kelly5]

What makes a business very scalable is the amount of profits and the rates at which this profits come in. If this profits are coming in on a very fast rate and I good amount, a business can easily be scalable that way

 

[joy101]

Business is scalable depending on how you develop it to grow, although there are a lot of factors you need to consider in a business, to managed your business very well.

 

[nimzy]

Well if I understood the word scalable as to prosper then there are several reasons for that 1. yiu most have to fund your business as it's expected to be and the kind of managers who are to employed to carry out the administration of the business effectively.

 

[Yhubee]

A business can be scalable depending on tbe structure,workflow and managerial capacity just as you have said. I will also add proper implementation of effective processes to make the business successful

 

[Ub40]

Though i don't have any business at the moment, but it is really interesting to see different people from different region or countries come together to discuss on issues just like this. This is just my opinion. Thanks for sharing.

 

[Tislad]

If you have big plans for a career in business, you’ll find the UK one of the best possible places to get the preparation you need. We’re home to hundreds of academically respected business schools, offering great value and an exciting introduction to business for both undergraduate and postgraduate studies.

Well UK 🇬🇧 is a great place to do business, but when you want to make real money and you have your capital come to nigeria you have everything to that will make your money and easy lifestyle. Believe me.

 

[Toyoabasi]

Always at crux, it is one that focuses on the implementation of processes that lead to an effective operation is a scalable business. The company's workflow and structure allow for scalability. ... A scalable business has efficient measurement tools, so it is possible to evaluate and manage the entire business at each level.

I would say that scalability of any business is dependent on funds and management ability.
To me, scalability has to do with how readily a business can expand given certain factors.

 

[Seno inyang]

A simple definition for a scalable business is a company that has the potential and flexible to meet increased demand and multiply revenue with minimal and predictable increment cost.

 

[Kaffyfolla]

I think Scalability business continues to gain popularity, especially following advancements in technology that ease communication to customers and increase the efficiency of doing business

 

[joy101]

What makes business scalable depending how you plan the business because we all know that all business is scalable, so the structure of the business can make it to scalable.

 

[Laurentta]

Being able to handle your business and workers when things are not going smoothly in the business, makes the business scalable.

 

[Heatman]

At its core, a scalable business is one that focuses on the implementation of processes that lead to an efficient operation. The workflow and structure of the business allow for scalability. ... A scalable company has effective tools for measurement, so the entire business can be assessed and managed at each level.

If you look at it very closely, I believe that this is one of the best ways to set up a business Enterprise because it guarantees proper efficiency in the day-to-day running of the business activities.

 

[Kane]

Scaling your business means upgrading your business, you can upgrade your business by doing different things such as introducing more products, spreading your market, and investing more money.

 

[Justin]

The business will grow when it gets new investment to introduce new products. The business will grow when it spreads its market in the areas where its products are still not available.