While the UK continues to see more entrepreneurs establishing their start-up ventures, the number of firms that manage to experience quick and significant growth is low. Businesses that scale up, or achieve an average of 20 percent annual growth in turnover or staff size in a relatively short period (three years), face a number of challenges including forming a good team, finding the right financing option(s), and accessing the local and international market.

1. TIPS FOR SCALING UP
A BUSINESS
ALI SEYTANPIR
Investment

2. 2
Tips for
Scaling up
a Business
ALI SEYTANPIR INVESTMENT
Tips for Scaling up a Business
While the UK continues to see more entrepreneurs establishing their start-
up ventures, the number of firms that manage to experience quick and
significant growth is low.

3. 3
Businesses that scale up, or
achieve an average of 20 per-
cent annual growth in turnover
or staff size in a relatively short
period (three years), face a
number of challenges including
forming a good team, finding
the right financing option(s),
and accessing the local and
international market.
For a start-up operating in the
modern age, it can be distrac-
ting to spend time establishing
which type or form of software
to use. In some instances, it’s
good to adopt the ‘make do’
approach or ask around regar-
ding what software others use
and what has worked for them.
Another important aspect that
start-ups have to consider is
how to attract customers and
market their services on a limi-
ted budget. Social media has
done a lot to help firms genera-
te buzz around their products,
but what also goes a long way
is taking care of customers to
the point they become staunch
advocates. In business, word-
of-mouth marketing is quite
effective.
Another important aspect
that start-ups have to
consider is how to attract
customers and market their
services on a limited budget.

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