Operational Scalability: Bob Marshall of Wells Fargo On How To Set Up Systems, Procedures, And People To Prepare A Business To Scale

Build a strong network: Running a small business is no small feat, and having a strong support system in place can make the difference between thriving and failing. Take time to establish relationships and build a network of other professionals who can help you. In addition to a business banker, you should also establish a relationship with a lawyer, a CPA and any other professionals pertinent to your industry. It’s also a great idea to network with other small businesses by joining your local Chamber, or other business and industry organizations.

In today’s fast-paced business environment, scalability is not just a buzzword; it’s a necessity. Entrepreneurs often get trapped in the daily grind of running their businesses, neglecting to put in place the systems, procedures, and people needed for sustainable growth. Without this foundation, companies hit…