Is Your Company Ready to Scale Up?

Making the decision to scale up your business is a major step, and before you do so, it’s important to ensure that you have everything you need in place, from staff to warehouse space. There are more things to consider than increased sales, though increased demand for your product or service is certainly a component. Because scaling up too soon cause a successful business to go under, here are the signs they’re ready to make the leap.

You are in control of all parts of your product or service.

When you scale up, leaving major components of your production or processes to outside providers is risky, because it is difficult to plan for things like supply pricing changes, turnaround time delays, or changes in outside processes that may affect your timeline for production. It’s also important to ensure that you have all your internal departments under control and that you have the appropriate management system for all parts of your business.  

You have adequate warehousing support.

If you are going to increase the amount of products you offer, then you will need ample space in which to store it. For many businesses, this means having space in a warehouse to keep stock and to be able to easily access it. Look for a warehouse that provides real-time updates of your inventory levels so that you always know what is on hand and that can offer fast and convenient access to your items when you need them. Choosing a warehouse that offers distribution services as well can streamline your shipping process.

You have the team in place.

Scaling up almost always requires the hiring of new team members. Ensure that you have the staff in place to hiring increased demands on your services and that you are in a position to financially to shoulder the additional salaries as you continue to grow.

Xcel Delivery Services in Phoenix offers warehousing and distribution services that make it easy for your business to grow when you need to. Contact us at (602) 368-1300.

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