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8 Ideas to Establish a Scalable Entrepreneurial Framework

What is scalability, in terms of entrepreneurship?

Basically, it is an approach that offers contingency plans for growth, in case the Business starts attracting newer customers— overnight.

Imagine a scenario where a small business gains traction and the supplies aren’t enough to satiate a larger queue of customers. Not just the raw materials but even the existing staff falls short. This is what lack of Scalability looks like, in general. In simpler terms, scalability is a strategy or more of a plan that is flexible and can update itself— upon requirement.

Most companies are working hard towards setting up Scalable systems and in the following article, we would be discussing 8 specific hacks for simplifying the process for the newbies.

However, before starting off, we need to analyze the pertinent issues or rather roadblocks associated with seamless scalability.

Traditionalism is what kills scalability. Ever wondered why the existing bureaucrats are still scavenging older files for getting hold of data sets and not relying on scalable devices to do their work. It’s not that they cannot afford the technology. They just don’t want to experiment with resources and get some real work done.

Why Scale Now?

Any business that relies on scalability is equipped to meet increased demands. This includes constantly hiring employees for meeting targets or initiating larger number of sales. That said, lack of scalability kills off a business at the grassroot level— as the former finds it excruciatingly hard to recruit individuals, manage on-board sales and even keep the records— in check.

So, let’s get started by enlisting the 8 steps towards a scalable business network:

  • Creating Employee Wiki

The first step towards creating a scalable business is to keep a track of the employee whereabouts— just in case the newer ones need to be accommodated. A scalable setup needs to be prepared for growth and a wiki like database surely comes in handy— allowing employers to add up newer recruits. Be it the concerned departments or the salary structure in play— having a database is the most basic approach towards scalability.

  • Automating Work

Although automation makes handwritten stuffs obsolete, there is always some place for the former. As a scalable business, you should be ready to automate at all times. This process is consistent and even reliable for the most part. In addition to that, an automated approach is mostly cheaper as compared to any kind of manual work.

  • Hiring the Right Set of Individuals

Scalability requires a business to be on its toes courtesy frequent updates and data entries. It is therefore advisable to recruit assistants who can do these tasks for you. Most of these jobs are easy but time-specific and having a few extra hands at work wouldn’t hurt anybody.

  • Creating a Proper Management Structure

It is important to initiate a proper recruitment structure in order to put the early hires at important positions. Most firms— either big or small— are constantly juggling with the workforce. When it comes to scalability— confusions are strictly prohibited. Specialized roles need to be assigned to the employees— preferably in the order of designation and seniority.

  • Switching Over to Cloud Collaboration and Messaging Apps

Emails are passé and businesses make the pertinent shift towards cloud-based apps and IM applications. While we are accustomed to email newsletters and other email-centric marketing activities, the cloud collaboration hacks can certainly get the work done— way faster. In addition to that, the likes of WhatsApp and Facebook Messenger can also be used for interacting with clients as these approaches are way faster as compared to emails.

  • Documenting Stuffs Right from the Beginning

If you are planning to keep things scalable— you need to do it from the beginning. Be it tracking the first sale or keeping a note of the initial expenses— a scalable business never ignores even the minutest of details. For example, if a business deals with the retail of virtual and physical emoji keyboard— it becomes imperative for the same to track the manufacturing ideas, list of emojis and even the extensions on offer.

If the initial stuff is documented, the upgraded versions will include all of that and even better innovations. This shows that even a hardware manufacturing firm has to be scalable in its approach— just in case newer devices are expected of the same.

  • Following the Recruiting Process

It becomes all the more important for a business to understand recruitments and the associated workforce. Scaling up often demands the company to hire greater number of individuals and the entire process has to be optimized— initially. Be it advertising jobs for future recruits or techniques to screen employee potential, if and when mass recruitments start— every aspect needs to be kept in mind before even thinking about scalability.

  • Tracking Anything and Everything

Now when the aforementioned points have been looked at— it becomes important for businesses to store anything and everything over the cloud. This includes contact details, email listings, product listings, future plans and everything important. Moreover, these cloud databases can also be used for building employee directories and annual reviews, calculating appraisals and a lot more.  

Bottom Line

If you haven’t already thought of creating a scalable business in advance, starting abruptly can be very difficult. However, if all these ideas are to be summarized and presented— scalability involves businesses to digitize documents and shift to the cloud— almost immediately. This way even older businesses can transform into scalable ventures— provided they have everything tabulated— well in advance.

Contributed by https://emojiworks.co/

The post 8 Ideas to Establish a Scalable Entrepreneurial Framework appeared first on Quantum Books.



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