Scaling a business is difficult. From nailing down your processes to finding the right talent to support your growth, expanding is not easy.

There’s no doubt that there are more pros than cons when it comes to business growth. The benefits of scaling include the obvious perks of more profits and financial security.

However, other positives include business longevity and even time freedom.

That’s right! Once you hire the right professionals, your business will run like a well-oiled machine while you take a much-needed break.

Enjoy our step-by-step guide to scaling your business quickly and effectively.

How to Scale Your Business in 2022

Shockingly, as reported by Investopedia, “20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years.”

There are many reasons why a business may fail. However, the core issue usually points to business processes as it relates to scaling.

Check out these seven scaling business examples for the longevity and betterment of your business!

Step 1: Make Sure You Are Ready for Growth

Top scaling business models suggest that all business owners reflect on the work that needs to be done to prepare for growth.

After all, you wouldn’t want to grow too fast without having the proper staffing or resources.

You’ll want to make sure you can scale while still offering quick responses, quality deliverables, and excellent customer service.

Step 2: Prepare SOPs and Employee Training

Prepare standard operating procedures (SOPs) for all staff members to follow. This will ensure your customers receive consistent service.

In addition, having properly trained employees will allow you to step away without having to worry.

Here is a checklist to help you keep track of everything needed when it comes to training and preparing employees:

Employee Training Checklist

● Established Operating Procedures (SOPs)

● Written SOPs in Digital Employee Handbook

● SOPs Walk Through with All Employees  

● New Staff Orientation to Relay Business Vision and Expectations

● Consistent Training Materials for Employees

● Routine Training for New and Existing Staff

It is advised that all SOPs are written and accessible to employees whenever they need them! This will empower staff to look up questions to their answers.  

Furthermore, companies who have established SOPs and routine training opportunities are more likely to retain staff as well as customers!

Step 3: Hire Great Talent & Delegate

Have you ever heard of the sentiment that great leaders empower others to step up?

By hiring reliable staff and delegating tasks to competent professionals, you’ll be able to quickly scale your business.

To save money and time, many businesses are successfully scaling by hiring freelancers to help them with more specialized tasks.

Check out our articles about How to Hire A Freelance Artist For Your Business and also Things to Consider when Hiring a Social Media Manager!

Step 4: Learn From Competitors and Other Companies

Observing how your competitors and even companies outside of your industry scaled is, by far, one of the best ways to grow your own business.

After all, you can learn from their mistakes and apply their successful strategies to your own scaling efforts!

Step 5: Don’t Compromise on Quality or Consistency

Businesses that compromise quality and consistency for business growth are the ones that quickly crash. And, it’s understandable why this happens.

Your customers or clients want to receive high-quality deliverables that are consistent and reliable.

If you sacrifice these things for the sake of growth, you’ll lose out on future business and receive negative reviews that ruin the reputation of your company.

Step 6: Provide Constant Feedback

Once you onboard more employees, make sure you’re providing constant feedback on their performance.

It’s important to motivate your employees with positive acknowledgment of what they’re doing well.

At the same time, don’t be afraid to coach, mentor, and train your employees to align their workflows to the values and expectations of the company.

Above all, avoid micromanaging your professionals. This will just push them towards quitting rather than contributing to a healthy workplace culture.

Remember, you hired these experts for a reason!

Step 7: Get Advice From the Right Specialists

Business owners are not expected to know it all! While some aspects of scaling a business may come easily to you, there may be some tasks that are better left to specialists.

There are a variety of experts you can hire to teach you how to scale an organization.

From content marketing professionals to web designers, freelance experts can help you elevate your online presence.

Learn more about Why Hire Responsive Web Designers and the Benefits of Content Marketing for Business to get started!

Frequently Asked Questions: How To Scale a Business Fast

Scaling a business is a complex process! We’ve done the research for your peace of mind. Here are our answers to your top questions about growing your business.

How long does it take to scale a business?

The length of time it’ll take to scale your business will depend on a few aspects of your company. Here are the variables that will impact how long it takes to grow your company:

Variables Impacting Growth:

● Your industry or niche

● Demand for your deliverable

● Your employees and experts

● Your ability to adapt and pivot

If you’re on a mission to quickly scale your business, you can expect the process to take 1-3 years. Of course, this is if you have the proper procedures and staff members in place to support and promote growth.

What are the 4 growth strategies?

Also known as the “4 P’s of Business”, these strategies have been proven to guide businesses to successful growth. Scale your business by addressing these four aspects of your organization:

4 Growth Strategies:

● Product

● Placement

● Promotion

● Price

Once these four aspects have been addressed successfully, you can expect your business to thrive and flourish.

What does it take to scale a business?

It takes perseverance and grit to successfully scale a business. While owning a business takes a significant amount of risk, taking the steps to quickly grow a business can take additional gumption.

Scaling a business requires business owners to be able to pivot and adapt to the market.

In addition, as the goal is to expand the business, they must be willing to delegate tasks and rely on others to complete important tasks.

How can a small business be scalable?

Set your small business up for success from the beginning!

You can do this by establishing clear goals, standard operating procedures (SOPs), and expectations for the staff or the freelance professionals you work with.  

From the get-go, create strong, yet adaptable, 1-year, 5-year, and-10 year plans to ensure your small business is on the road to growth!

Final Thoughts

It’s important for owners to recognize that, in order for their small business to grow, they can’t do it all alone!

Hiring freelance professionals that specialize in niche tasks such as content creation, social media marketing, website development, and SEO can significantly impact your business’ expansion.

Review our insightful articles at the Legiit Blog for ongoing business growth advice.

In addition, you can Sign Up and Legiit for free access to some of the world’s best freelance professionals. We’re here to support your business goals!