Businesses need to be scalable. Without having the ability to adapt to a changing market, a business will remain stagnant and have limited opportunities for growth. Implementing a scalable business model is important and can be done to any business. One of the first steps to achieve this is to employ a flexible workforce. foundU offers your business a scalable workforce with skilled staff when and where you need it.
Scalability is the ability of a business to quickly grow without being constrained by its current structure and resources. Forbes simply describes scalability as the potential of your business to multiply revenue with minimal incremental cost.
Businesses should consider two important terms; the geographic and the load scalability of the company. Geographic scalability refers to the business being able to move into new areas and find new opportunities.
Load scalability refers to a business being able to easily expand and contract its resource pool to accommodate heavier or lighter loads during busy or quite times. Alternatively, the ease with which a system or component can be modified, added, or removed, to accommodate changing market demands.
Why is it important for your business?
Some of the key benefits of having a scalable business are:
- The ability to grow profit margins or maintain them as the business responds to demand with reduced risk. Businesses need only to invest when demand is high and reduce staff levels when demand falls.
- A scalable business attracts investors as they can see the apparent potential for growth. Investors want to know a company can grow quickly, with minimal outlay and risk and has procedures in place to do so.
- A well-structured scalable company has the ability to implement automation and technology to reduce staffing costs and lead times.
How can foundU help?
foundU offers your business a completely scalable staffing solution. Have staff on jobs only when you need them, allowing you to minimise overheads and maximise profit. We bill in a one all-inclusive invoice which saves your company time and administration.
foundU can have staff working in less than 24-hours on your job and in your area. With the benefits of having a scalable business obvious, join foundU and start expanding. Be confident that you have on-call, quality staff when you need them.
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