Our Boston workshop on Scaling is only 2 weeks away so let’s remind ourselves of the key issues! Well let’s define scaling in terms of sales growth. Let’s say you are on a path of scaling from $5m to $75m. Let’s assume you are not growing at say 25% per annum,...
Scaling a business is not the same as growing a business because there’s more to it than that. Otherwise everyone would scale! Scaling implies alignment, control, predictability, fast growth but with safety. Reasons why owners/management fail to scale Black Elk...
The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. As you...
Source youreconomy.com In 2012 the venture capital industry invested $26Bn in the US market, in 3698 firms at an average investment of $7m (NVCA). These were directed at start up companies. Approximately 40% of these firms will fail so it’s not an investment...
To scale your business whatever size it’s important to know your landscape. These two graphs and table will give you a head start in understanding the US business market and you can decide what’s small. I’ve ignored the 21.4 million non payroll solo...
So what are the secrets of scaling a business? Well let’s define scaling in terms of sales growth. Let’s say you are on a path of scaling from $5m to $75m. Let’s assume you are not growing at say 25% per annum, or if you are, your have concerns that the situation is...