Shownotes
If you’re considering taking your first steps toward scaling your business, you’ve come to the right place. This episode will let you in on the secrets of growing and scaling your business, so you can be better informed before taking this major step in your entrepreneurial journey.
In this episode of Influence By Design, Samantha and Tim talk about two distinct business concepts — growing and scaling. Growing a business involves increasing revenue, whereas scaling requires efficiency and profitability as revenue grows. While growth feels positive, scaling balances revenue and expenses. Understanding this distinction between the two concepts is crucial.
Samantha and Tim emphasise the value of measuring business metrics related to your team, technology, and client acquisition costs and explain why tracking staff utilisation, productivity hours, and time off is essential.
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