PassionIT News

Scalability is a key concept for startups and other businesses. Its the ability of a company to grow and expand in a way that is efficient, cost effective, and sustainable. In other words, scalability refers to the capacity of a business to be able to increase its operations, sales, and revenue without sacrificing quality or consuming too much resources.

For entrepreneurs, scalability is a critical component of success. A startup needs to be able to scale quickly to meet the demands of its growing customer base or capitalize on new opportunities. The ability to scale quickly and efficiently will enable a startup to become profitable faster and create a stronger competitive advantage.

https://fastercapital.com/content/Scalability--The-Key-to-a-Successful-Startup.html