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What does it mean to scale a business?

Scale‘ is increasingly being used as shorthand for ‘scale up’ (“to grow or expand in a proportional and usually profitable way”) and as a noun that means “proportional growth especially of production or profit” and/or “a large market position.”

Here are 5 steps to Scaling a business in 2018: 

  1. Evaluate and Plan. Take a hard look inside your business to see if you are ready for growth
  2. Find the Money. Invest.  Scaling a business doesn’t come free
  3. Secure the Sales. 
  4. Invest in Technology.  
  5. Find Staff or Strategically Outsource.
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Spotted: ABC News

Twitter, the popular social networking site that lets users share updates in just 140 characters, has just announced that it has acquired Posterous, a micro-blogging service.
The terms of the acquisition are not being disclosed. Both companies announced the acquisition on their respective company blogs. Read More

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