You may be focused on starting your own business, but you also need to have one eye on the future. While each day might be full of decisions that have to be made right now, those decisions can still shape how your business will look in the months and years to come, so they need to be considered carefully. This might seem like an indulgent luxury when all you want to do is launch your business or make that first sale, but to save stress and pain in the future, you need to consider these three main areas from day one.
How To Ensure Scalability In Your New Business
#1 Find scalable premises
You have no idea how fast your business will grow, or even if it will grow at all. For that reason, you need to have a flexible space that you are not tied into for years to come that could act like a millstone around your neck. You’ll also want a flexible space that is managed and secure and has basic facilities surrounding it and onsite resources for promoting your business if you choose.
This might seem like a long list of requirements, but the future of your business might depend upon it and approaching a company like Tradestars could be exactly what you need. Reasonable rents for location and facilities, as well as the ability to scale up or get out when you need to, can provide you with a dynamic solution that fits your business requirements.
#2 Scalable outsourcing services
While you might want to try and do everything yourself, you will find out pretty soon that you can’t. You will need help from others especially when it comes to IT and keeping everything online ticking over nicely. If you have staff working remotely you will also need to keep them supported by outsourced IT for the technical side of things and HR for more personal matters. When looking for outsourcing companies, you’ll need to look for ones that will grow with you, especially when it comes to cybersecurity, as this is not an area you can afford to scrimp on if you don’t want to become a victim of a costly and potentially business-ending attack.
#3 Scalable software
It’s not just the companies you outsource to but also the software you use as well. For instance, you need to select CRM software that will allow you to work with 100 customers now and 100,000 in a year’s time without any discernible difference in service (other than the price you pay, of course). As your team, both remote and onsite, expands, the everyday software they use will also need to expand with them. So, consider cloud-based solutions in this area rather than packages you will have to replace every time your business takes another step forward. Not only is this more likely to be cheaper at the start, but opting for a scalable solution can mean reduced replacement and retraining costs further along the line, so it works for your bottom line in all circumstances.
