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Strategic Business Alliance Pty Ltd

14,627 followers

3w Edited

🌟 Is Your Business Truly Scalable? 🌟 In this video, our CEO Partha, dives into the essence of business scalability. He challenges you to reflect: Is your business growing beyond its original boundaries, or are you simply replicating your efforts under a business structure? Learn how scalability can shape the future of your venture. 🚀 👉 Watch now and discover if your business is primed for scalable success. https://lnkd.in/gxZu2ZUF Ricky Raad #Scalability #BusinessGrowth #SBAInsights #StrategicBusinessAlliance

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Today I wanted to talk about scalability of businesses. So do you have a scalable business? The premise is based on that when you started your business, if it replaced, you're working in a senior role, for example. And has it just meant that you do the same thing? And under a business structure. There is no scalability ability to scale the business beyond. Your skill sets and what you delivered to the clients. A scalable business obviously means that the business can grow through the addition of people through the addition of. Technology and and infrastructure and all of those things, but how easy is it to scale your business? One of the barriers to scale that you have in your business as a provider of outsourced services, we find that. The overwhelming urge to do everything in small businesses by their owners or decision makers. These are big barrier to scalability. The ability to delegate effectively. Is often the key to scalability the ability? To which also adds value to the business because the more the business is dependent on your skills, it's only. The lessons in the future, where is it going to have any substantial cell value if you decided to sell the business and it declines do not want to sort of do anything? Other than deal with you. So that's often a taste of scalability also. So building a business of substance involves having cohort of people, having cohort of clients obviously and also having the back office processes that can support the business, sustain the business given the ability to grow at the front end. So the way our team is be adds value in this scalability context is by doing the tasks that you absolutely don't need to do. It allows you to grow the business. It allows you to increase cash flow. It allows you to go out and get more clients. So think of outsourcing. When you think of scaling your business, think of how you can do with that at the time that you have and not doing things that you're absolutely required to do which things which doesn't generate cash flow directly. For example, the opportunity cost of not having the ability to bring in more clients through the door, that's the more. Think about scalability in business group. Thank you.

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Strategic Business Alliance Pty Ltd

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