Is Your Business Growing 🌱 Or Scaling? 🚀 Find Out in Just 1 Minute
Trading Time for Sales
Are you finding that to increase sales, you or your employees need to invest more time? If your answer is yes, then your business is in a phase of Growth 📈. However, if you're able to boost sales without a proportional increase in time spent, congratulations, you're Scaling! 🎉
Profits Aren't Keeping Pace with Revenues
When you look at your financials, is your top-line revenue growing, but your profit margin remains the same or grows at a slower rate? If so, that's a sign of Growth. On the other hand, if your profits are skyrocketing alongside your revenues, you're on the path to Scaling. 💹
Automation is Key
Take a moment to consider your business processes: marketing, sales, service, back office. If you haven't automated at least 80% of these processes, your business is likely still Growing. Automation is a key indicator of Scaling, as it allows for efficiency and exponential growth without a corresponding increase in effort or resources. 🤖
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